Franklin College of Indiana vs. Hanover College

Comparable Facts

Compare Franklin College in Franklin, IN with Hanover College in Hanover, IN on tuition, admissions, graduation, earnings, and student body data using the table above.

Hanover College is larger than Franklin College of Indiana based on total student enrollment (1,243 students vs. 985 students)

Location, institution type, and student-faculty ratio

• Franklin College is located in Franklin, IN (Large Suburban setting); Hanover College is in Hanover, IN (Rural Fringe setting).
• Franklin College is a private, non-profit 4-year institution. Hanover College is a private, non-profit 4-year institution.
• Student-to-faculty ratio: Franklin College 12:1; Hanover College 11:1.

Franklin College of Indiana vs. Hanover College Cost Comparison

Which college is more expensive, Franklin College of Indiana or Hanover College? Published tuition is the sticker price; many students pay less after aid (see average net price below).

• The typical actual cost that students pay to attend (average net price) is less at Hanover College than Franklin College of Indiana ($23,683 vs. $24,189).
• Living costs (room and board or off-campus housing budget) at Franklin College are 12.2% lower than at Hanover College ($12,405 vs. $14,123).
• Hanover College is 15.3% more expensive for in-state tuition than Franklin College of Indiana (about $5,928 more per year; $44,638.00 vs. $38,710.00).
• Out-of-state tuition is 15.3% higher at Hanover College than at Franklin College (about $5,928 more per year; $44,638.00 vs. $38,710.00).
• The same share of students receive grant aid at Franklin College as at Hanover College (100% vs. 100%).
• The average total grant financial aid received by Hanover College students is 17.4% larger than aid received by Franklin College students ($35,263 vs. $30,025).

Franklin College of Indiana vs. Hanover College Admissions comparison

Which college is harder to get into, Franklin College of Indiana or Hanover College? Typical SAT and ACT scores (same estimates as in the table above), middle 50% test ranges where reported, test score submission policy, deadlines, and acceptance rates summarize admission difficulty between Hanover College and Franklin College of Indiana.

• The typical SAT score (median estimate) at Hanover College (1200) is 50 points higher than at Franklin College of Indiana (1150).
• Incoming Hanover College students have a 3 point higher typical ACT composite (median estimate) (26 vs. 23 at Franklin College of Indiana).
• Reported middle 50% SAT composite range (25th-75th percentile) for admitted students: Franklin College 1060/1240; Hanover College 1110/1280.
• Reported middle 50% ACT composite range (25th-75th percentile) for admitted students: Franklin College 20/26; Hanover College 23/29.
• Submitting SAT or ACT scores: Franklin College of Indiana - Test optional; Hanover College - Test optional.
• Accepted freshman Hanover College students have a 0.28 point higher average high school GPA (3.79) than students at Franklin College of Indiana (3.51).
• Hanover College has a higher acceptance rate (83.7%) than Franklin College of Indiana (69.8%).
• The share of admitted students who enrolled (yield) is 17.4% at Franklin College of Indiana vs. 14.4% at Hanover College.

Franklin College of Indiana vs. Hanover College Graduation Outcomes Comparison

How do outcomes compare for Franklin College of Indiana and Hanover College? Graduation rate, earnings, and student loan debt are common indicators. The bullets below summarize the same federal outcomes fields as the comparison table (College Scorecard / IPEDS where applicable).

• Hanover College's six-year graduation rate (71%) is higher than Franklin College's (49%).
• Graduates from Hanover College earn a median of about $3,300 more per year than Franklin College of Indiana graduates about ten years after starting college ($48,600 vs. $45,300), per the same Scorecard earnings definition.
• Among federal student loan borrowers, Hanover College and Franklin College of Indiana graduates have the same median loan debt ($27,000 vs. $27,000).
• Among borrowers in the federal data, Hanover College and Franklin College of Indiana graduates have the same median monthly federal student loan payment ($279 vs. $279).
• More Franklin College of Indiana graduates are actively paying back their federal student loan debt than former Hanover College students, three years after graduation. (73% vs. 69%)

Sources: U.S. Department of Education https://nces.ed.gov IPEDS and College Scorecard https://collegescorecard.ed.gov/. Values reflect the most recent year available in our dataset.