Loans are often a component of a financial aid award and are one way students and families can chose to finance a Gettysburg education.

Find out about other financing options available to families at Gettysburg, including an interest-free monthly payment plan. The Office of Financial Aid can answer any questions about loans and financing options at Gettysburg. Sample student loan repayment information. 

Federal Direct Loans

Filing a FAFSA is required to be considered for Federal loans.

Gettysburg College Institutional Loans

Gettysburg College has five Institutional Loan programs designed to assist qualified students with paying for the cost of education. These loan funds are part of the Financial Aid process and are awarded to eligible students based upon financial need. Details are provided with financial aid awards to eligible students each year.

Keeping Track of Loan Information

We encourage Gettysburg students to keep a record of their student loans. In addition to keeping copies of annual financial aid awards (available via Student Center), The National Student Loan Data System (NSLDS) can help. The site displays information on loan amounts, outstanding balances, loan statuses, and disbursements for federal loans.

Institutions are required to submitted data related to Federal Perkins, Stafford and PLUS Loans to NSLDS. This information will also be accessible by loan servicers, guaranty agencies, lenders, and institutions that are determined to be authorized users of the data system.

Loan Repayment Information and Calculators

Review various monthly student loan payment amounts or use this simple tool from YouCanDealWithIt to estimate the monthly repayment obligations for any type of student or parent loan. Review their helpful tips on the responsibilities of smart student loan borrowing.

Also, check out the personalized repayment estimator via which will connect your NSLDS loan history.

Federal Direct Student Loan Information

Direct Subsidized Loan- interest paid by the government while students are enrolled at least half-time.

Direct Unsubsidized Loan- interest accrues during the in-school period.

Gettysburg College Institutional Loan Information

Gettysburg College Loans include Nafey, Powers, Pape and Anderson Loans. Note: College Loans are managed by Gettysburg's Student Accounts Office

Federal Direct PLUS (Parent) Loan

A parent or step-parent may choose to borrow through this government sponsored program as one way to finance college costs.

Federal Perkins Loan Information

Note: Perkins Loans are managed by Gettysburg's Student Accounts Office

Graduating from Gettysburg?

Students who borrow through the Federal Direct Subsidized/Unsubsidized Loan Program at any time during their enrollment at Gettysburg must complete Direct Loan Exit Counseling prior to graduation (or after dropping to less than half-time enrollment).

Student Loan 101 Sessions are typically held each semester. 

Other useful information:

Consolidating Loans

Recent Gettysburg graduates and parents should investigate if they are eligible to consolidate (combine) their educational loans, resulting in one loan and a single monthly payment instead of multiple payments.

For graduates who intend to pursue careers with lower salaries, such as careers in public service, we recommend investigating if an Income Contingent Repayment (ICR) Plan or Income-Based Repayment (ICB) Plan would be appropriate. More information.

Federal Grant Programs

Before applying for a loan, Gettysburg College wants to be sure you are aware of all federal grant programs that may be available to help meet your educational expenses. These grants are awarded based upon financial need as determined by the FAFSA.

Listed below are the federal programs at Gettysburg College and the maximum amounts available for the 2017-18 academic year.

  • Federal Pell Grant- $5,920
  • Federal FSEOG Grant- $700

Many states also have grant or scholarship programs. Check with your state agency as to the availability of such funds.

States that have most recently made grant awards to students attending Gettysburg College are Connecticut, Delaware, Maine, Massachusetts, Ohio, Rhode Island, Vermont, West Virginia, and the District of Columbia.

Alternative Educational Loans

Alternative Loans (sometimes referred to as private loans) are available through various lending institutions and are not guaranteed by the federal government. Some families chose to utilize alternative educational loans after all other resources have been exhausted.

To get started, use a search engine on the web to look for "alternative education loans." Eligibility is based on the creditworthiness of the borrower or co-signer.