Frequently Asked Questions: Regular Decision
Q. Does my financial aid application have any bearing on my
A. No. The Admission Officers do not know an applicant's need or even that the student has applied for aid when they make an Early or Regular Decision. In other words, Haverford's admission process is "Need-Blind" for U.S. citizens and permanent residents.
Q. Do my grades, activities, or other personal attributes gathered
as part of the admission application process have any bearing on the
aid decision made by the Financial Aid Office?
A. No. All Financial Aid Office decisions are made solely according to the need-based allocation formula developed by the College. The College does not have any "merit" aid programs or aid which is not based on need.
Q. What forms are Regular Decision students required to file to
apply for financial aid and what are the deadlines?
A. Complete information on Early Decision financial aid forms and deadlines is available at Filing Deadlines and Applications.
Q. When do I receive information on financial aid?
A. Financial aid decisions for those who have submitted complete applications by the established deadlines are usually released by the middle of April (or slightly earlier if we can get everything done more quickly).
Q. How important are the deadlines?
A. Unfortunately, they are very important. You should file by our deadlines. The problem is that it can take a month in a good year for information to reach us from all of your FAFSA and/or your Profile applications and/or IDOC. That gives us just the month of March to make all the aid decisions so we can have everything out to you by mid-April or earlier. We are not going to penalize you if you file a couple of days late, but, the demands on our aid funds are so great that there are some years when we cannot promise aid to someone who is later than that.
Q. Should I wait until my family's tax returns are filed to fill
out the FAFSA and the Profile applications?
A. Submit the FAFSA and the Profile to the Federal Government and the College Board by February 1st whether or not you family's tax returns are completed. Even the Federal Government allows you to file the FAFSA before the tax returns are filed by allowing you to indicate that the information you are providing is estimated.
Q. Do I have a better or worse chance of receiving financial aid
from Haverford when I apply under Regular Decision?
A. It makes no difference whether you apply Early Decision or Regular Decision. The financial aid decisions are the same. The amounts and types of aid are the same. The chances of receiving or not receiving aid are the same. We use the same procedures to determine the parental contributions for Early Decision students, Regular Decision students, and returning students who reapply for aid.
Q. Must I apply for aid in my first year before I am admitted to
be eligible to apply for aid in a subsequent academic year?
A. If you are a U.S. citizen or permanent resident, you may apply for aid in any year whether you applied for aid in your first year or not and without regard to the outcome of any previous aid application. Limitations on College funding for international students require different procedures and policies.
Q. What kind of guarantee can you give us that aid will be
consistent year to year?
A. Aid is reassessed each year according to the procedures outlined in the "Policies and Procedures" section of this website. It is vitally important that you and your parents read and understand all of the policies and procedures covering our financial aid program before you apply to the College. Our policies are consistent year to year. For example, if you should submit an application for your second year which shows the same income, assets, family size, number in college, etc. as this year, we will have the same parental contribution. If your application shows an increase in income or assets or a decrease in the number in college for instance, you can expect an increase in the parental contribution. Student's assets will be evaluated according to our procedures each year based on the amount of assets you report on each year's application. Self-help expectations generally go up each year (i.e. the loan, job and summer savings expectations made of all students applying for College aid-starting with the Class of 2012, there is no loan expectation) and these increases will reduce Haverford Grant aid since they are subtracted from need. The expectations in effect for each class at the time we published the Admission application are printed in the "Policies and Procedures" section of this website. Costs go up each year and increase aid since they increase need. Outside aid can reduce Haverford College Grant according to the procedures outlined in "Financial Aid at Haverford." All of these items (family contribution, self-help, costs, outside aid) are used to determine the final amount of the College Grant according to the following formula: Total Costs minus Family Contribution minus Self-Help minus Outside Aid according to our formula EQUALS Need.