Cost of Attendance
Hanover College is known for offering a wide range of undergraduate programs in a variety of streams, providing excellent training to students. Compared to the tuition fees charged at most institutions, the expense of education at HC is quite moderate. The average annual cost for students opting to pursue undergraduate programs at the college is estimated to be around $38,750, based on 2020 - 2021 official information. This amount includes the total tuition fees as well as other expenses. While housing costs $11,950, the charges for books and supplies and other expenses stand at $1,200 and $1,500, respectively.
Coming to the cost of attendance, students need to understand that the tuition fee is just a single aspect of the expenses that come under the overall cost of attending the university. There are several other expenses that are involved in the cost of attending the university, which primarily includes housing, dining, textbooks, supplies, and the cost of living. What's more, at Hanover College, the total tuition and fees for the enrolled students come out to be around $38,750 in a year. In addition, the students will be needed to pay an average expense of $1,200 for books and supplies, $11,950 toward room and boarding, and $1,500 for different other expenses in a year. So, the overall cost of attending HC comes out to be about $53,400 per year, according to the most recent information available.
Avg. Net Price
$0 to $30,000
$30,001 to $48,000
$48,001 to $75,000
$75,001 to $110,000
The net cost of attending Hanover College – the actual amount that students and their families are required to pay in a given year – varies depending on the candidate's annual family income. Generally, the higher the family income of the candidate, the higher is the net amount to be paid. While the actual net cost is subject to one’s family income bracket, the average net price is estimated to be $22,376 at HC. For students with a family income below $30,000, the estimated net price is $16,539, while for the individuals who fall in the $30,001-$48,000 income bracket, the net cost is $15,481. On the other hand, an estimated net cost of $19,171 is charged for the $48,001-$75,000 income bracket, $24,545 for the $75,001-$110,000 income category, and $25,832 for an annual family income more than $110,000.
Stafford Loan Interest
Time to Pay off Student Loan
Example monthly payment
Total interest paid
Sum of Loan Payments
To have a realistic understanding of how much it will cost to study at Hanover College
here is an example one can consider to estimate the payment amounts one will incur with a student loan.
Take a loan of $73,860
for example. This will result in a
payment to be made each year.
We can assume that the interest rate is
post any refinancing or consolidation activities with a
Then the total payment made towards the loan is
in addition to the principal amount, which constitutes the interest
payment made throughout the life of the loan.
At Hanover College, the tuition and fees for students who are pursuing undergraduate courses are estimated to be around $38,750 in a year. They would also be required to pay around $11,950 for their room and boarding expenses. In this way, for one year, the total cost for undergraduate students comes to around $53,400.
The total program cost divided by the total number of credit hours of the program – also called cost per credit hour – that the student has to pay to attend Hanover College varies for graduate and undergraduate courses. The students, who enroll for graduate courses, will have to bear a cost per credit hour of $298. Also, Hanover College currently offers a number of online courses to students across 38 different majors.
As far as the housing and related charges are concerned, these expenses remain the same for both on-campus or off-campus candidates at HC. To note, students have to pay $13,450 per year toward these facilities. On the other hand, the room and board charges that the students have to pay total around $11,950 per year. On the other hand, the charges toward books and supplies come to around $1,200. Meanwhile, the other expenses that a student needs to plan for add up to $1,500.
Housing & Other Expenses
Room & Boards
Book & Supplies
A four-year undergraduate course as well as living expenses at HC are projected to cost around $268,622 as per official data. To note, the total expenses for undergraduate students stood at $22,376 for 2018-2019, $21,548 for 2017-2018, and $22,455 for 2016-2017.
New York, New York