Hanover College
Hanover College is a private, non-profit liberal arts college founded in 1827 in Indiana, serving approximately 1,000 undergraduate and graduate students with 38+ majors and doctoral programs in physical and occupational therapy. It generates revenue primarily through tuition, fees, and auxiliary services with universal financial aid.
- Company typePrivate
- Founded1827
- HeadquartersHanover, United States
- Headcount251–500
- GTM typeB2C
- OfferingServices
What Hanover College does
Hanover College is a private, non-profit liberal arts institution founded in 1827 in Hanover, Indiana, and is the oldest private college in the state. It serves approximately 1,000 students across undergraduate programs (38+ majors with a four-year graduation guarantee and average class size of 17) and two graduate programs — the Doctor of Physical Therapy (DPT) and Doctor of Occupational Therapy (OTD). The college reports 99% of graduates are employed or in graduate school within seven months of graduation, and 96% of students live on campus in a residential model with faculty and staff in close proximity.
The institution runs on a standard higher-education technology stack: Jenzabar powers the MyHanover student information system and portal, Canvas and Moodle serve as learning management systems, Microsoft 365 supports productivity, CampusESP powers the Parent & Family Portal, and Transact handles tuition payment processing. SSO options include Google, Facebook, and LinkedIn for parent portal access. The college holds multiple accreditations — HLC (regional), CAPTE (DPT), ACOTE (OTD), and CAEP (teacher certification) — and complies with FERPA, Title IX, and NCAA requirements.
Hanover's revenue model is tuition-driven with auxiliary revenue from room, board, and fees. Tuition is locked at $46,232 for four years; total cost of attendance is $64,331 annually. Financial aid is universal, with 100% of students receiving some form of aid including Pell Promise for Pell-eligible students, merit scholarships, need-based aid, and the $32,000 HAQ Scholarship for international students. GTM is sales-led direct admission recruitment through the college website, Common App, campus visits, virtual tours, The College Tour on Amazon Prime Video, social media, and international counselor outreach across 19 countries. The college is governed by a Board of Trustees under President Dr. Lake Lambert III, whose contract runs through June 2030.
Hanover College firmographics
Firmographics- Name
- Hanover College
- Legal name
- Hanover College
- Website
- https://hanover.edu
- Company type
- Private
- Founded year
- 1827
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Hanover College is a private, non-profit liberal arts college founded in 1827 in Indiana, serving approximately 1,000 undergraduate and graduate students with 38+ majors and doctoral programs in physical and occupational therapy. It generates revenue primarily through tuition, fees, and auxiliary services with universal financial aid.
- Ownership category
- akta.pro rank
Hanover College industry classification
Industry- Product category
- Higher Education / Liberal Arts College
- NAICS
- Colleges, Universities, and Professional Schools (6113)
- SIC
- Services-Educational Services (8200)
- akta.pro primary industry
- Secular/Nonsectarian Liberal Arts Colleges (EDAHACAG)
- akta.pro secondary industries
- Residential Liberal Arts Colleges (EDAHACAH), Selective/Highly Selective Liberal Arts Colleges (EDAHACAJ)
Keywords
Where Hanover College is headquartered
LocationHeadquarters
- HQ city
- Hanover
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Hanover College business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others
Revenue model
- Tuition and Fees: Hanover College generates primary revenue from tuition, fees, room and board. The college offers undergraduate and graduate programs (DPT and OTD). Revenue is generated through semester-based tuition billing with various payment plan options available.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | International Student Total Cost of Attendance |
| Subscription | Annual | Undergraduate Tuition (domestic) |
| One time/ perpetual license | Pay-as-you-go | Enrollment Deposit |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels7 records
Hanover College product offering
Product offeringCore offering
Hanover College is a private nonprofit residential liberal arts and sciences institution offering undergraduate bachelor's degree programs across 38+ majors and two professional graduate doctoral programs: the Doctor of Physical Therapy (DPT) and the Doctor of Occupational Therapy (OTD). The college delivers on-campus instruction in Hanover, Indiana, supported by digital learning platforms (Canvas, Moodle, MyHanover student portal) and student account payment systems, with tuition billed on an annual semester cycle and 100% of students receiving some form of financial aid.
Product overview
Hanover College is a private liberal arts institution offering undergraduate and graduate education. Its core product portfolio includes undergraduate liberal arts degree programs (38+ majors with a four-year graduation guarantee) and two professional doctoral programs (Doctor of Physical Therapy and Doctor of Occupational Therapy). Supporting the academic mission are digital platforms: MyHanover (Jenzabar-powered student portal integrating Canvas and Moodle LMS for course management) and a Parent & Family Portal (CampusESP-powered for family engagement). Financial transactions are processed through Transact. The institution also offers co-curricular programs including the Social Justice Leadership Program with scholarship benefits.
Differentiator
Problem solved
Functional benefit
Products and services
- Undergraduate Degree Programs Liberal arts and sciences undergraduate education offering 38+ majors plus custom-designed programs, leading to bachelor's degrees with a four-year graduation guarantee. Taught in a residential setting with average class size of 17.
- Doctor of Physical Therapy (DPT) Program A professional doctoral degree program preparing students for licensure and practice as physical therapists, offered as a graduate-level credential at Hanover College and accredited by CAPTE.
- Doctor of Occupational Therapy (OTD) Program A professional doctoral degree program preparing students for licensure and practice as occupational therapists, offered as a graduate-level credential at Hanover College and accredited by ACOTE.
Quantifiable outcome
- 99% of Hanover graduates were employed or continuing their education within 7 months of graduation
- +2 more outcomes
Companies that use Hanover College
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles4 records
Hanover College technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration8 records
Hanover College partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- Indiana Commission for Higher EducationcoreHanover College is authorized by name by the State of Indiana and complaints may be filed with the Indiana Commission for Higher Education. The commission is responsible for responding to formal complaints against institutions of higher education in Indiana.
- Common AppcoreHanover College accepts applications through the Common Application platform in addition to its free online application
- EducationUSAcoreHanover College participates in EducationUSA, the U.S. Department of State's network of advising centers that provides information about studying in the USA
- National Council for State Authorization Reciprocity Agreements (SARA)minorHanover participates in SARA, a national consortium that sets standards for online courses and distance education, ensuring consistency across state lines
- Higher Learning CommissioncoreHLC is the regional accrediting organization for nineteen states in the North Central region. Hanover's most recent reaffirmation was AY 2019-2020, with next scheduled for AY 2029-2030
- Council for the Accreditation of Educator Preparation (CAEP)coreCAEP accredits Hanover's teacher-certification programs for elementary and secondary education
- Commission on Accreditation in Physical Therapy Education (CAPTE)coreCAPTE accredits the Doctor of Physical Therapy program at Hanover College
- Accreditation Council for Occupational Therapy Education (ACOTE)coreACOTE accredits the Doctor of Occupational Therapy program at Hanover College
Scale indicators9 records
Recent moves6 records
Expansion highlights5 records
Hanover College competitors and assessment
Company assessmentDirect peers
- Manchester University: Private liberal arts university in North Manchester, Indiana. Comparable small Indiana private institution with residential undergraduate programs and pharmacy/graduate professional programs.
- Wabash College: Private men's liberal arts college in Crawfordsville, Indiana. Directly comparable as a small, residential Indiana liberal arts institution with similar tuition model, traditional undergraduate focus, and historic pedigree.
- DePauw University: Private liberal arts university in Greencastle, Indiana. Closely comparable on size, mission, residential model, Indiana location, and the traditional liberal arts + pre-professional positioning.
- Earlham College: Private liberal arts college in Richmond, Indiana. Directly comparable as a small, residential Indiana liberal arts institution competing for similar students and facing similar demographic and affordability pressures.
- Centre College: Private liberal arts college in Danville, Kentucky. Comparable selective, residential liberal arts model with similar peer rankings, tuition pricing, and traditional 4-year undergraduate focus.
- Kenyon College: Private liberal arts college in Gambier, Ohio. Highly comparable selective, residential liberal arts institution with similar small class sizes, four-year graduation guarantee ethos, and similar tuition tier and ranking range.
- Oberlin College: Private liberal arts college in Oberlin, Ohio. Comparable small, residential liberal arts institution with a strong co-curricular identity (conservatory), tuition-pricing tier, and prestige positioning.
Regional players
- Franklin College: Private liberal arts college in Franklin, Indiana. Comparable Indiana private college with similar size, undergraduate focus, and tuition tier; competes in the same in-state recruitment geography.
- Butler University: Private university in Indianapolis, Indiana. Comparable Indiana private institution offering both undergraduate and graduate programs, competing for Indiana-resident students at a similar tuition tier.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Hanover College social profiles
Digital presenceHanover College compliance and trust
Trust signalCompliance7 records
Hanover College financial estimates
Financial estimateRevenue estimate
Valuation estimate
Hanover College leadership team
Management profileNumber of profiles
Profiles10 records
Hanover College funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Hanover College M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Hanover College
What does Hanover College do?
Hanover College is a private nonprofit residential liberal arts and sciences institution offering undergraduate bachelor's degree programs across 38+ majors and two professional graduate doctoral programs: the Doctor of Physical Therapy (DPT) and the Doctor of Occupational Therapy (OTD). The college delivers on-campus instruction in Hanover, Indiana, supported by digital learning platforms (Canvas, Moodle, MyHanover student portal) and student account payment systems, with tuition billed on an annual semester cycle and 100% of students receiving some form of financial aid.
Is Hanover College a public or private company?
Hanover College is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Hanover College founded?
Hanover College was founded in 1827. It employs 251 to 500 people.
Where is Hanover College based?
Hanover College is headquartered in Hanover, United States, in the North America region.
How does Hanover College make money?
One revenue line is on record: tuition and Fees.
Who are Hanover College's main competitors?
Direct peers on record are Manchester University, Wabash College, DePauw University, Earlham College, Centre College, Kenyon College and Oberlin College. Regional players are Franklin College and Butler University.
Does Hanover College have an API?
No public API is recorded for Hanover College.
What industry is Hanover College in?
Hanover College's product category is Higher Education / Liberal Arts College. Its primary akta.pro industry code is EDAHACAG, Secular/Nonsectarian Liberal Arts Colleges, with a secondary code of EDAHACAH, Residential Liberal Arts Colleges. Its NAICS code is 6113 and its SIC code is 8200.