College Factual  by our College Data Analytics Team
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Elizabethtown College Paying for Your Degree

100% Freshmen Get Financial Aid
$22,932 Average Grant & Scholarship
96% Undergrads Get Grant Aid

A large number of students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Elizabethtown College can feel overwhelming, but bear in mind that many students receive some sort of financial aid.

What financial aid options can Etown offer you, and what will you qualify for? Keep reading for more information. Read on to learn what amount of financial assistance will be accessible to you.

Importance of Etown Financial Aid Info

Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Elizabethtown College.

Typical First Year Financial Aid at Elizabethtown College

Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.

At Elizabethtown College, 100% of new full-time first-years were awarded at least some aid around 523 first-years).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)100%$23,064
Institutional grants & scholarships98%$20,880
Federal Pell grants24%$5,164
State/local grants32%$4,248
Federal student loans73%$5,384

Scholarships and Grants at Elizabethtown College

Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Etown, about 96% of the undergraduate population received grant aid that averaged $22,932 (covering around 1781 recipients).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)96%$22,932
Federal Pell grants21%$5,212
Federal student loans65%$6,666

Title-IV recipients living on campus saw average grant aid of $24,267.

Net Price by Family Income at Elizabethtown College

Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.

Family IncomeAverage Net Price
$0 – $48,000$18,831
$30,001 – $75,000$20,472
Over $75,000$28,884

Remember these are net prices — what families pay after gift aid, not before.

The Real Cost of Attending Elizabethtown College

Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.

CohortAverage Net Price
On-campus title-IV students$26,598
Off-campus title-IV students$26,198

For a personalized estimate based on your family’s financial situation, use Etown’s NPC: npc.collegeboard.org/app/etown/start.

Typical Student Debt at Elizabethtown College

The median student at Etown graduates with $26,000 of federal student loans.

MetricAmount
Median federal debt (all student-aid borrowers)$26,000
Median federal debt (graduates only)$27,000
Typical 10-year monthly payment (graduates)$286.24/mo

At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.

How Debt Is Distributed Across Students

Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at Etown.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$4,750
25th percentile$10,500
75th percentile$28,000
90th percentile (highest-debt students)$32,673

Debt Outcomes by Student Group at Elizabethtown College

Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.

By Family Income

Income tierMedian federal debt
Low income$23,370
Middle income$25,000
High income$26,000

First-Generation Comparison

CohortMedian federal debt
First-generation students$26,000
Continuing-generation students$26,000

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$26,000
Independent students$20,875

Summary Debt Indicators

These indicators are derived from the underlying debt data and summarize the overall picture at Etown.

Federal Stafford Lending at Elizabethtown College

Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at Etown:

MetricValue
Stafford loan recipients7045
Total Stafford loan amount$126,416,235

Aid for Military-Affiliated Students at Elizabethtown College

GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.

GI Bill volume

MetricValue
GI Bill recipients29
Total GI Bill amount$555,930
Average GI Bill amount per recipient$19,170

Active-duty Tuition Assistance recipients

MetricValue
DoD Tuition Assistance recipients2
Total DoD amount$4,669
Average DoD amount per recipient$2,335

References

More about our data sources and methodologies.

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