by our College Data Analytics TeamMany students will not be asked to pay the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Haverford College can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financial assistance solutions will Haverford deliver, and just what are you going to be eligible for? Read on for answers. Keep reading to find out how much school funding will be available to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Read on to get a sense of the financial assistance available at Haverford College.
Financial 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. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Looking at the entering class at Haverford College, 53% of first-year full-time students received aid of some kind some 197 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 48% | $63,742 |
| Institutional grants & scholarships | 48% | $61,155 |
| Federal Pell grants | 15% | $6,167 |
| State/local grants | 5% | $3,603 |
| Federal student loans | 8% | $4,752 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Haverford, around 46% of undergrads got grants or scholarships worth on average $65,270 (across roughly 652 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 46% | $65,270 |
| Federal Pell grants | 15% | $5,816 |
| Federal student loans | 9% | $5,609 |
For students living on campus and receiving title-IV aid, grants averaged $65,068.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $3,610 |
| $30,001 – $75,000 | $10,362 |
| Over $75,000 | $37,015 |
Each figure is the net price after grants and scholarships, not the published sticker price.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $25,314 |
| Off-campus title-IV students | $25,210 |
For a customized cost estimate, visit Haverford’s official net price calculator: www.haverford.edu/admission/tuition-and-aid.
The middle student in the debt distribution at Haverford owes $12,000 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,000 |
| Median federal debt (graduates only) | $13,621 |
| Typical 10-year monthly payment (graduates) | $144.41/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at Haverford.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,525 |
| 25th percentile | $5,500 |
| 75th percentile | $20,153 |
| 90th percentile (highest-debt students) | $27,000 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $3,506 |
| Middle income | $12,000 |
| High income | $13,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $10,255 |
| Continuing-generation students | $12,000 |
A handful of calculated indicators summarize the debt outlook at Haverford.
Stafford loans are the federal government’s primary direct undergraduate lending program. The totals below capture Stafford lending at Haverford:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1342 |
| Total Stafford loan amount | $15,401,268 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 5 |
| Total GI Bill amount | $135,600 |
| Average GI Bill amount per recipient | $27,120 |
References
More about our data sources and methodologies.