EFT Program (Electronic Funds Transfer)
A simple 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.
Download the Electronic Funds Transfer Form (PDF)
Lucy Fisher Smiley '99
I began contributing to Hanover College right after my graduation. My reason is simple. I want to see Hanover grow and improve. As the College becomes even more well-known and respected around the country, the value of my education and degree increases. Giving back to Hanover is one of the easiest ways that I can help make this happen. In the end, the College benefits and so do I.
A couple of years ago, the opportunity to give by electronic funds transfer was developed; I started using it as soon as it was available. One reason is convenience. I am a manager and photographer at a children's portrait studio. That work, my family and many other activities keep me busy. Giving by EFT makes one thing simpler.
I also like EFT for budgeting reasons. To some, $200 may sound like a lot of money to give at one time, but if you split it up over the course of a year, it's much more manageable. You also can increase your giving amount at any time. As I want to give more, I know I can increase my monthly contribution with a quick e-mail or phone call to the Development Office.
Benefits of EFT:
- Payment automatically once a month
- $10.00 per month minimum payment
- No Solicitation by mail or phone for EFT donors
- Payments can be stopped anytime
- Processing changes takes 10 days
If you have any questions, please call Mike Brown at 1-800-213-2179 ext: 7034 or by email at brown@hanover.edu.