Run an Efficient, Sustainable Institution
Optimize your investments to maximize your sustainability with data and insights
With tighter funding than ever and students increasingly questioning the value of a degree, institutions are walking a tightrope between financial viability and affordability.
Hanover helps you optimize your tuition and aid models to maximize enrollment and revenue, and ensure effective resource allocation, long-term financial viability, and efficient growth.
Clients save $30 million annually through Hanover’s recommendations against the launch of low-growth degree programs
Finance insights to run an efficient, financially sustainable, and growth-oriented Institution
Financial Aid Optimization
Helps you configure optimal financial aid packages that maximize matriculation and enrollment at the individual level.
Tuition Optimization Survey
Evaluates tuition and financial aid pricing data and models scenarios to maximize overall tuition revenue.
Tuition and Fees Benchmarking
Evaluates program costs and fee structure options of your institution and peer institutions.
Organizational Benchmarking
Compares the organizational structure, staffing, and services of an institution’s programs compared to peers/competitors.
Hanover Quantifies Iowa Wesleyan University’s $55.1M Economic Impact on Its Community
“Global competition is increasingly regional in nature, and rural regions with comprehensive regional universities are uniquely advantaged. Beyond the obvious economic impacts this study highlights, Iowa Wesleyan University is building the human, social and cultural capital of this region, and is poised to enhance these unique contributions to regional competitiveness. This region would be wise to assure these benefits are acknowledged and supported.”
– Charles W. Fluharty; Iowa Wesleyan University Board of Trustees and President and CEO of the Rural Policy Research Institute
Grace College Develops a New Tuition Pricing Model Informed by Hanover’s Research
“We let the research guide us towards making an informed decision regarding our pricing. Based on the results of the prospective student survey, we elected to decrease our tuition, but not as substantially as initially considered. Starting in fall of 2015, tuition at Grace College will be reduced by 9 percent – a hybrid tuition model developed using a combination of our original ideas and research from Hanover. In our process to create this plan, which we presented to the senior leadership team and our board of directors, we continued to turn back to the tuition pricing sensitivity analyses that Hanover completed to support the research behind our decisions.”
– Dr. Carrie Yocum, Vice President of Administration and Compliance
Fort Valley State University Assesses its Economic Impact with Hanover Analysis
“With Hanover, our institution has the support we need to move our initiatives forward.”
– Lisa Wilson, Director of Sponsored Programs
