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Higher Education Program Cost Tracker

Discover the Real Cost of Academic Programs

Track academic program costs, revenues, and ROI in one streamlined tool.
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Move from data to action with Program Cost Tracker

Hanover’s Program Cost Tracker provides an interactive view of the costs, revenues, and margins of your programs, departments, and schools. Unlock the data-driven insights you need to optimize resource allocation and ensure your programming is sustainable and scalable, all in one convenient, easy-to-use dashboard.

  • Understand true costs and contributions: Get a complete picture of program costs that accurately accounts for complicated faculty- and course-sharing arrangements unique to your institution.
  • Make informed programming decisions: Leverage objective, evidence-based insights to optimize program sustainability, resource allocation, and enrollment strategies.
  • Align stakeholders: Foster institutional buy-in and alignment by sharing clear and transparent metrics with decision-makers, from department chairs to senior leadership.
  • Compare results across your institution: Easily assess key financial metrics across programs, departments, and schools to identify both risk areas and opportunities for strategic investment.
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Key features for accurate, objective planning

Program Cost Tracker’s interactive dashboard makes it easy for you to get a complete view of your institution’s specific costs, revenues, and margins.

Comparison view

Analyze performance metrics across programs, departments, or schools to uncover patterns and trends for strategic planning.

Snapshot view

Access a program or department-specific overview with key financial metrics presented in one convenient location.

Course cost view

Break down costs at the course level to identify opportunities for efficiencies and improvements.

Visual export features

Create clear, shareable visuals to engage stakeholders and simplify complex financial metrics.

“In partnership with Hanover Research, the University of Virginia School of Education and Human Development (EHD) conducted a comprehensive academic program review to assess viability and financial health. Together, UVA EHD and Hanover conducted a landscape analysis, reviewed teaching activity, and performed a granular cost analysis. This work advanced a long-running need for objective data to inform faculty hiring plans. Hanover’s Program Cost Tracker delivers insights institutions will need to navigate enrollment challenges and reduced federal funding — and to make data-informed decisions about resource allocation.”
Justin Thompson
Senior Associate Dean and Chief Operating Officer
University of Virginia School of Education and Human Development

Why use Hanover for program cost tracking

Hanover provides institutions with a comprehensive, data-driven approach to program cost tracking that equips decision-makers with actionable insights. Our methodologies are tailored to the unique needs of higher education institutions, allowing for accurate identification of high-performing programs and alignment of resources with strategic goals.

  • Proprietary methodology: Developed by higher education practitioners with hands-on expertise in academic scheduling, budgeting, and portfolio planning.
  • Comprehensive, tailored analysis: Reflects teaching effort across programs, departments, and schools, specific to your institutional context.
  • Expert guidance: From data collection through implementation and analyzing the results, our higher education experts will be there to help you make sense of the data.

Gain clarity with Hanover’s Program Cost Tracker

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