Haverford College Financial Aid and Scholarships
Students Receiving Aid
48%
Total Aid Amount
$29.532M
Financial Aid Official Website
https://www.haverford.edu/financial-aid
Students can avail of scholarships provided by the college, such as Carnegie Dartlet $10,000 Scholarship, Community Service Scholarship for Multicultural Students, Joseph P. Gavenonis Scholarship, and Ohio College Opportunity Grant, if they find educational expenses to be on the higher side. Notably, 52% of the students at Haverford College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,616,513. For additional information about financial assistance schemes, one can head over to HC’s financial aid page at https://www.haverford.edu/financial-aid. The total percentage of candidates applying to Haverford College who receive the Federal Grant is 16%. In comparison, 47% of the students are awarded the Student Grant, 47% get the Institution Grant, and 16% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $6,023, while the same comes to $2,857 for State Grant receivers and $48,823 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,733. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Students whose family income per annum is less than $30,000 will receive a federal aid of $58,566 on average in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $61,498 and $54,465, respectively. On the other hand, the average federal aid stands at $47,530 for those with an annual family income between $75,001 and $110,000, and at $22,319 for an income more than $110,000. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. At Haverford College, the percentage of candidates who opt to avail of student loans is around 18%.
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