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.
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.
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 Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $23,064 |
| Institutional grants & scholarships | 98% | $20,880 |
| Federal Pell grants | 24% | $5,164 |
| State/local grants | 32% | $4,248 |
| Federal student loans | 73% | $5,384 |
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 Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 96% | $22,932 |
| Federal Pell grants | 21% | $5,212 |
| Federal student loans | 65% | $6,666 |
Title-IV recipients living on campus saw average grant aid of $24,267.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average 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.
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.
| Cohort | Average 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.
The median student at Etown graduates with $26,000 of federal student loans.
| Metric | Amount |
|---|---|
| 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.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at Etown.
| Percentile | Cumulative 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 are not uniform — they shift with income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $23,370 |
| Middle income | $25,000 |
| High income | $26,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $26,000 |
| Continuing-generation students | $26,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $26,000 |
| Independent students | $20,875 |
These indicators are derived from the underlying debt data and summarize the overall picture at Etown.
Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at Etown:
| Metric | Value |
|---|---|
| Stafford loan recipients | 7045 |
| Total Stafford loan amount | $126,416,235 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 29 |
| Total GI Bill amount | $555,930 |
| Average GI Bill amount per recipient | $19,170 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 2 |
| Total DoD amount | $4,669 |
| Average DoD amount per recipient | $2,335 |
References
More about our data sources and methodologies.