Hanover College vs. Lees-McRae College

Comparable Facts

Compare Hanover College in Hanover, IN with Lees McRae College in Banner Elk, NC on tuition, admissions, graduation, earnings, and student body data using the table above.

Hanover College is larger than Lees-McRae College based on total student enrollment (1,243 students vs. 910 students)

Location, institution type, and student-faculty ratio

• Hanover College is located in Hanover, IN (Rural Fringe setting); Lees McRae College is in Banner Elk, NC (Distant Rural setting).
• Hanover College is a private, non-profit 4-year institution. Lees McRae College is a private, non-profit 4-year institution.
• Student-to-faculty ratio: Hanover College 11:1; Lees McRae College 11:1.

Hanover College vs. Lees-McRae College Cost Comparison

Which college is more expensive, Hanover College or Lees-McRae 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 Lees-McRae College ($23,683 vs. $29,833).
• Living costs (room and board or off-campus housing budget) at Hanover College are 7.1% lower than at Lees McRae College ($14,123 vs. $15,200).
• Hanover College is 34.2% more expensive for in-state tuition than Lees-McRae College (about $11,388 more per year; $44,638.00 vs. $33,250.00).
• Out-of-state tuition is 34.2% higher at Hanover College than at Lees McRae College (about $11,388 more per year; $44,638.00 vs. $33,250.00).
• A larger share of students receive grant aid at Hanover College than at Lees McRae College (100% vs. 97%).
• The average total grant financial aid received by Hanover College students is 78.3% larger than aid received by Lees McRae College students ($35,263 vs. $19,774).

Hanover College vs. Lees-McRae College Admissions comparison

Which college is harder to get into, Hanover College or Lees-McRae 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 Lees-McRae College and Hanover College.

• The typical SAT score (median estimate) at Hanover College (1200) is 60 points higher than at Lees-McRae College (1140).
• Incoming Hanover College students have a 3 point higher typical ACT composite (median estimate) (26 vs. 23 at Lees-McRae College).
• Reported middle 50% SAT composite range (25th-75th percentile) for admitted students: Hanover College 1110/1280; Lees McRae College 1040/1240.
• Reported middle 50% ACT composite range (25th-75th percentile) for admitted students: Hanover College 23/29; Lees McRae College 20/26.
• Submitting SAT or ACT scores: Hanover College - Test optional; Lees-McRae College - Test-free.
• Hanover College has a higher acceptance rate (83.7%) than Lees-McRae College (76.8%).
• The share of admitted students who enrolled (yield) is 14.4% at Hanover College vs. 13.9% at Lees-McRae College.

Hanover College vs. Lees-McRae College Graduation Outcomes Comparison

How do outcomes compare for Hanover College and Lees-McRae 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 Lees McRae College's (24%).
• Graduates from Hanover College earn a median of about $14,300 more per year than Lees-McRae College graduates about ten years after starting college ($48,600 vs. $34,300), per the same Scorecard earnings definition.
• Among federal student loan borrowers, Lees McRae College graduates have a $7,000 lower median loan debt than Hanover College graduates ($20,000 vs. $27,000).
• Among borrowers, Lees-McRae College graduates have an estimated $73 lower median monthly federal student loan payment than Hanover College graduates ($206 vs. $279).
• More Hanover College graduates are actively paying back their federal student loan debt than former Lees-McRae College students, three years after graduation. (69% vs. 55%)

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.