Tuition and fees for the 2013-2014 Academic Year
The Business Office mails tuition bills in July for the fall semester and in December for the spring semester. *In addition to charges for tuition, room and board, Student Association and orientation fees, a $600 deposit is billed each semester against which students can charge bookstore purchases and to cover the cost of other incidental charges such as infirmary charges and auto registration fees. At year’s end any unspent balance is credited to the next semester’s deposit.
Orientation Fee: First year students and other new students are charged a one-time fee of $210 to cover the cost of their orientation period, called Customs Week.
Incidental Deposit: A $600 Deposit is billed, payable in full, before the beginning of each semester to cover the cost of books charged at the bookstore and other incidental charges that arise during the semester. Each student will begin the term with $600 credit on their OneCard which will be charged for purchases and incidentals. This is a required fee.
Billing/Payment due dates: Bills for the following semester’s tuition, room, board, Student Association fee, and Deposit are rendered in July and December. Tuition and Fees must be paid in full before the beginning of the semester and, to avoid last minute congestion, preferably by wire or mail in advance. Students whose fees are not paid are subject to dismissal from the College. Unpaid accounts are also subject to a 1% per month late fee, cancellation of OneCard privileges and participation in the meal plan, exclusion from Room Draw and the withholding of transcripts. If there are any outstanding charges at the end of the term, no diploma or official transcript will be issued. Transcripts may be withheld at any time for non-payment.
Students are charged full tuition for each of the first eight semesters they are in attendance at the College. Students who finish seven semesters without completing all degree requirements will be required to enroll for a final semester at full tuition if the number of credits needed is more than one. In the event that these students enter their eighth semester at Haverford needing a single credit or less for degree completion as certified by the Dean and Registrar of the College, the tuition charge will be at the Special Student Rate of $5,627.
A ninth-semester student is charged at the Special Student Rate of $5,627 per credit.
Payment Plan: Students who prefer to pay tuition and fees in monthly installments may do so through a plan provided by Sallie Mae. The 10 month plan begins May 15th and concludes February 15th and is offered as an annual plan only. Enrollment is open until August 15th however missed payments must be made at time of enrollment. One half of the annual plan is credited to the Student bill each semester. There is a small enrollment fee. For additional information or to enroll please visit https://tuitionpay.salliemae.com.
Financial Aid: Haverford Grants and other confirmed Financial Aid from the College are credited directly to your account, half each semester. Federal Direct Stafford and PLUS loans and outside awards will not be credited to your account until the funds are received by the Business Office. On-campus employment (Federal Work Study) is paid directly to you once a month by Student Payroll for hours worked. Specific questions regarding Financial Aid including loan applications should be directed to the Financial Aid Office.
Prepaid Tuition: Families may pay for three or four years (six or eight semesters) of tuition at the current rate if the total prepaid amount is paid in full by the first semester’s due date in August. Room, board and other fees cannot be prepaid. If the student withdraws, a refund of the prepaid tuition for the current term will be made in accordance with the standard refund policy. The family may request a refund of any remaining prepaid tuition in which case the prepaid tuition option is cancelled. Otherwise, the family may choose to continue to participate in the Prepaid Plan if the leave from the College does not exceed one year and the unused prepayment amount remains with the College. Under no circumstances will the College pay interest on any portion of the prepaid tuition amount.
Meal Plans: First year students are required to be on the full board plan both semesters of their first year at the College. Upperclass students are required to be on the full board plan unless they are living at 710 College Ave, the Ira De A. Reid House or the Haverford College Apartments, all housing where there are full kitchens. Residents in these areas may choose to go off the board plan entirely. Those wishing to waive the Full Board plan should, before the beginning of the semester, provide written notification to Barbara Wilson, Student Accounts Supervisor, in the Business Office. A financial penalty will be incurred if notification is made after the semester begins.
Exceptions to the above rules may be made by the Senior Associate Dean of the College under the following conditions: a) For medical reasons known prior to room draw no excuse from the meal plan is permitted; the student should exercise their option at room draw for meal-plan-exempt housing. For medical reasons that arise after room draw, the student’s family physician must send a letter to the Director of Health Services specifying the illness, when it appeared, how long it is expected to last, and detailing the prescribed diet. This letter should be on the physician’s official stationary. In the event that the Dining Center cannot provide the required diet, the student will be permitted to remain off the meal plan, but he or she will have to move into HCA, Reid House or 710 as soon as space becomes available. Such students will receive top priority for room openings. B) Students who observe the laws of Kashruth may sign an agreement that they may not eat food prepared in the Dining Center because they are obliged to eat only kosher foods. The agreement is available in the Housing Office and it must be signed in accordance with the Honor Code. C) For religious, philosophical or other grounds held prior to room draw no excuse from the meal plan is permitted; the student should exercise their option during room draw for meal-plan-exempt housing. For a conversion to such a position after room draw, the student may be permitted to remain off the meal plan, but he or she will have to move into HCA, Reid House or 710 as soon as space becomes available. Such students will receive top priority for room openings.
Refund Policy: The refund percentage depends upon the date of a student's withdrawal as certified by the Dean's Office. Student withdrawals must have the approval of the dean. A full refund of tuition, fees, room and board will be made the first day of classes each semester. Thereafter, refunds are subject to the following schedule:
- During week one: 95%
- During week two: 90%
- During week three: 80%
- During week four: 70%
- During week five: 60%
- During week six: 50%
- During week seven: 40%
- During week eight: 30%
- During week nine: 20%
- During week ten: 10%
For academic year 2013-2014, no refunds will be made after November 15, 2013 and April 4, 2014. For purposes of those calculations, each week ends on a Friday and excludes fall and spring break weeks. The refund will then be made to federal loan and grant programs in which the student was involved that semester, in accordance with federal regulations. Any Haverford grant will be reduced by at least the percentage of the tuition refund. If a refund is due to the state, institutional and/or private aid programs, this will be made before any refund is made directly to the student and/or family.
Students who decide to drop from the room and board plans after the first day of classes (without withdrawing from the College) will receive a pro-rata refund less a withdrawal penalty. No such refund is made during the last six weeks of the semester.
Students who receive federal student aid are also subject to a separate federal Title IV funds refund policy.
As a supplement to the college refund schedule, we are pleased to make available an optional insurance program, The Tuition Refund Plan (TRP), offered by A.W.G. Dewar, Inc.
The Tuition Refund Plan, plus the college's refund, provides 100% of your insured tuition and fees if you withdraw from classes due to a personal physical illness or accident. For withdrawals due to psychological illness, benefits will return up to 60% of insured fees. Enrollment forms with complete details are mailed to students in July or an application may be completed online. The TRP provides coverage (according to the terms of the policy) for tuition, fee, room and board charges. Benefits under the Tuition Refund Plan can provide a valuable resource for students who need to withdraw for medical reasons.
Please contact A.W.G. Dewar, Inc., at (617) 774-1555 or you can access their website at www.collegerefund.com for more information or to apply.
Form 1098T: Lifetime Learning Tax Credit and American Opportunity Credit: On or before January 31 the student will receive Form 1098-T from the College. This form will contain the student’s name, address and SSN as well as the College’s name address and Tax ID. It will include amounts Haverford billed the student for qualified tuition expenses and the student’s scholarships and grants total. As permitted by federal regulation, we will not include any information about tuition payments on the 1098-T. Payments made to the College are shown on your tuition bill.
Both the Lifetime Learning Tax Credit and American Opportunity Credit may reduce the amount of federal tax that may have to be paid.
Please note that none of the above is meant to be construed as tax advice. Please consult your tax advisor for any specific questions about how these credits may apply to your own individual circumstances. Additional current information is available from IRS Publication 970, Tax Benefits for Higher Education which we strongly recommend.