EFT (Electronic Funds Transfer)

Another way to contribute to the College is by Electronic Funds Transfer Contribution (EFT). EFT is a quick, automatic method to make regular contributions, allowing you to divide your gift into easy, automatic monthly installments. It has the same effect as if you had personally signed a check to Hanover College. Your financial institution will deduct an amount from your bank account on or around the fifth business day of every month. Your bank statement serves as a receipt. Minimum of $5.00 per month.

Download the Electronic Funds Transfer Form (PDF)

The chart below shows how easily a small gift given each month can add up to a larger donation with EFT contributions. 

For Example: Enroll in the EFT program by July 1, 2021, with payments of $84 per month your accumulative total gift would be $1,008 by our fiscal year-end June 30, 2022.

Money is withdrawn from your account on or around the 5th of every month.

Examples - Your Gift	July 2020	Aug 2020	Sept 2020	Oct 2020	Nov 2020	Dec 2020	Jan 2021	Feb 2021	Mar 2021	Apr 2021	May 2021	Jun 2021
$1,008 paid over one fiscal year beginning in July 2021 and running through June of 2022 qualifies for membership in the James Blythe Presidents' Club.	$84	$84	$84	$84	$84	$84	$84	$84	$84	$84	$84	$84
$1,001 paid over one fiscal year beginning in July 2021 and running through June of 2022 qualifies for membership in the James Blythe Presidents' Club.		$91	$91	$91	$91	$91	$91	$91	$91	$91	$91	$91
$1,000 paid over one fiscal year beginning in September 2021 and running through June of 2022 qualifies for membership in the James Blythe Presidents' Club.			$100	$100	$100	$100	$100	$100	$100	$100	$100	$100

 

To enroll or ask questions about EFT program contact Ellen Bare, at 812-866-7007 or by email at: bare@hanover.edu. Please note you may cancel your contribution at any time by contacting our office.