by our College Data Analytics TeamFinancial aid in the form of loans, grants, work-study, and scholarships is one way colleges reduce the cost of attendance so most students can actually afford to attend.
What financial aid options does Haverford offer, and what will you qualify for? Keep scrolling for answers.
$51,169.00 is the typical Haverford College’s first year financial aid package. 48% of reshman students get financial aid, most of which is in the form of grants and scholarships
Financial aid helps lower the cost, or the full retail price of the institution. But bear in mind that the only true college discount is scholarships & grants.
Worried about the student loans that might be part of a financing offer? View the average amount of debt per student at Haverford College.
Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.
The stats below refer to aid that is provided by Haverford College.
41% of new students (150 total) were offered scholarships at Haverford College, averaging $49,027.00 per person. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 15% of first-year students (53 total) got a federal grant, for about $6,387.00 per person.
The table below demonstrates scholarship and grant allocations by income level for freshmen receiving any type of federal Title IV assistance, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 7.44% | $67,027.00 |
| Income 30k-48k | 5.51% | $67,112.00 |
| Income 48k-75k | 3.31% | $58,982.00 |
| Income 75k-110k | 4.68% | $52,892.00 |
| Income 110k + | 8.82% | $27,543.00 |
The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
Of the 363 undergraduate students at Haverford College around 48% (151 total) receive some form of grant aid. The typical amount awarded was $51,169.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.