Welcome to Loan and Financing Information at Elizabethtown!
As families plan the details of financing a college education, options such as loans and payment plans often become part of the payment strategy.
Elizabethtown offers a manageable tuition payment plan which is an excellent flexible financing option.
A loan, like a grant or scholarship, is considered a form of financial aid and is offered to a student as part of his or her financial aid package. 
Many students, past and present, have chosen to invest in themselves through student loans and are benefiting from this investment today! For example, the U.S. Census Bureau statistics indicate that a college graduate will earn over $600,000 more in their lifetime than a high school graduate. Bear in mind, an Elizabethtown College degree has a lasting impact on our students' earning potential.
Options for Financing your Education
When taking into account ways to finance your education here at Elizabethtown, there are a variety of options to consider. Do not get overwhelmed, our office is here to help you. As indicated above, 2 of these primary financing 
sources are student loans and tuition payment plans. Our office has therefore established a step by step financing strategy we recommend you follow. It is listed in order of cost-efficiency, however you may find yourself needing to use a combination of the options given.
1.) When borrowing loans, all students should start with the Federal Stafford Loan. It offers the best available interest rates and repayment terms, regardless of your credit history. In many cases, the Stafford Loan is completely subsidized (interest-free) during the period of school attendance. For more information, please click HERE.
2.) The TuitionPay 10-month Payment Plan is an interest free payment plan offered by the College. This is a method of paying out of pocket, and can be spread over 10 months in amounts that you choose. For more information including how to enroll in the plan, please click HERE.
3.) The next most cost-effective option is the Federal PLUS Loan (Parent Loan for Undergraduate Students). These loans have excellent rates and repayment terms. Parents may borrow an annual amount up to the cost of attendance minus any other financial aid received. For more information, please click HERE.
4.) If the options above do not satisfy your balance, Please contact our office via phone or email for information regarding other possible financing options.
Recommended Lenders
We understand that some families may request additional guidance from our office in regards to lender selection of student loans. 
There are dozens of student lenders offering hundreds of different products, features, benefits and incentives. Many student and parent borrowers do not have the time or resources to research all the available options. For those families, we are providing a list of suggested lenders on the Student Loans and Parent Loans pages.
Elizabethtown College has submitted an RFI (Request for Information) to multiple lenders. After a committee reviewed the responses, a list of “suggested” lenders was developed. Lenders were judged on numerous factors including Competitive Rates and Borrower Incentives, Service History with Elizabethtown College, Customer Service, Ease of Process and Company Reputation. The list of lenders will be reviewed on an annual basis.
Our Recommended Lenders:
- Have a history of excellent customer service. This
includes offering a variety of payment options and
maintaining a well-trained staff to provide proper
service via a toll-free telephone number.
- Offer benefits, such as interest rate reductions for auto
debit. They also offer "value added" services to
student and families such as debt management tools,
websites to educate students about financial issues,
and default prevention programs.
- Have not offered Elizabethtown College any sort of
benefits to be included on our recommended lender
list.
- Have not offered any points, premiums, payments, or
other inducements, to Elizabethtown or any party to
secure applicants for FFEL loans.
- Will not offer a FFEL loan to introduce other products
and services to the borrower.
Please know that you are not obligated to select a lender from our list. The college will process all loans in a timely manner regardless of whether the lender is on the college’s list of suggested lenders. However, we do encourage borrowers to research each lender’s benefits and options; i.e., fees, interest rates, incentives and deferral of payments while in school, to determine which one best meets their needs. If you decide to select a lender not on our recommended lender list and you are having issues completing any application information or promissory note, please contact our office at 717-361-1404 and we will assist you.
Be assured that no employee of Elizabethtown College received compensation from any lender agency, whether or not the lender appears on our recommended list. For more information regarding these policies, please visit our Student Loan Code of Conduct Page. 
Please remember, our office is always here to help, so please do not ever hesitate to contact our office via email or telephone for any questions you might have. You are also always welcome to stop by the office during our business hours (Monday - Thursday 8:00 AM - 4:30 PM, Friday 8:00 AM - 2:00 PM) or call in advance to make an appointment with your counselor.
Elizabethtown College
Financial Aid Office
One Alpha Drive
Elizabethtown, PA 17022
phone - (717) 361-1404
fax - (717) 361-1514
email - finaid@etown.edu
