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EFT Program (Electronic Funds Transfer)

 

A simple way to contribute to Rockhurst University 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 Rockhurst. Your financial institution will deduct an amount from your bank account on the tenth business day of every month.

Download the Electronic Funds Transfer Form (71KB PDF)

Frequently Asked Questions on the EFT program

Q: How does EFT work?
A: Funds are automatically withdrawn each month from your local bank's checking account and deposited to Rockhurst University. Transactions are processed through a banking exchange, which can be arranged with nearly any bank, credit union, or savings and loan in the country. The transaction appears on your monthly bank statement. You receive a letter at the end of the calendar year summarizing your gifts for tax purposes.


Q: Can the automatic payments be changed or stopped?
A: Yes, you can adjust the amount of payment or cancel your participation by writing to:

Rockhurst University
Advancement Office
1100 Rockhurst Road
Kansas City, MO 64110-2561

Attn: Jennifer McKnight

You may also call: 816-501-4574 or email: Jennifer.McKnight@rockhurst.edu
Processing a change takes about 10 – 14 days.


Q: Why is my participation in the electronic draft program so helpful to the University?
A: Monthly automated contributions allow Rockhurst to anticipate regular income and plan more effectively. It is also a more cost effective way to reach our goals. Lower printing and mailing costs mean more dollars used for teaching and learning. Increased gifts are also easier to make through EFT—helping students even more!


Q: Is there a minimum monthly amount required to participate?
A: The minimum donation is $10 per month.

If you have any questions, please call Jennifer McKnight at 816-501-4574 or Jennifer.mcknight@rockhurst.edu.

 
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