While the National Collegiate Honors Council (NCHC) supports routine, systematic program review, research suggests that only about half of honors programs engage in some form of assessment. This study examines the current state of honors program evaluation by gauging honors administrators' perceptions of program review and assessing the impact of the NCHC's review process on those programs that have employed it. A census of all NCHC honors directors was taken using questionnaires. Fifteen percent (n = 121) completed the census, with results suggesting substantial increases (87-91%) in program assessment from 2011 and a majority of respondents (87%) describing the review process as beneficial. Survey participants also indicated challenges in evaluation, with 60% of directors naming specific problems and concerns. Interviews (n = 5) with honors directors who have completed an NCHC program review further attested to the benefits of NCHC review, pointing to critical improvements and positive outcomes for honors programs.