| name | jf-submission |
| description | Use when running the final pre-submission preflight for The Journal of Finance (JF) — the AFA online portal, the tiered submission fee, the 60-page limit, the bundled Internet Appendix, code sharing, and disclosure statements. |
Pre-Submission Preflight (jf-submission)
When to trigger
- "We're submitting tomorrow" — the last check before the submit button
- Unsure which files and statements the AFA portal expects
- Unsure about the submission fee tier or whether a cover letter is needed
ACCURACY NOTE: fees, limits, and editor lists change. Verify current specifics on afajof.org/submissions before submitting. Fee tiers and the editor masthead were re-verified 2026-06-22 against the live AFA pages (amounts unchanged; current Co-Editors confirmed below); the JF Submission Guidelines PDF is Rev. March 12, 2024.
Submission logistics (JF-specific)
- JF submissions go through the AFA's online submission system (afajof.org/submissions); the fee is paid by credit card (Visa / MasterCard / Amex) as part of the submission.
- Tiered submission fee by author economy and AFA membership (high-income: AFA member $400, non-member $525; middle-income: $100 / $150; low-income: no fee). All authors must reside in a low/middle-income country to qualify for the reduced/zero tier.
- Refund policy: a flat $200 is returned on a desk rejection (high-income; not for resubmissions of previously rejected papers); the entire fee is refunded if the first decision takes more than 100 days. Applies to the first submission only.
- Editor: Antoinette Schoar (MIT), with Co-Editors Kogan, Lewellen, Philippon, and Sunderam (Adi Sunderam replaced Urban Jermann on 1 July 2025) and 50+ Associate Editors, plus a Data Editor (Hong Ru) — masthead confirmed on afajof.org/editorial-board 2026-06-22; re-verify before submission.
Cover letter (JF norm — usually skip it)
- JF explicitly states a cover letter is usually NOT necessary. Include one only for specific information: a request for exemption from the code-sharing policy, or a conflict of interest among editors/AEs/referees. If you have nothing specific, do not attach one.
Formatting (confirm against current guidelines)
Internet Appendix (JF-specific placement)
Code, disclosures & statements
Worked vignette — the night-before preflight
Illustrative. A team submits tomorrow and the preflight surfaces three issues. The body is 63 pages — over the limit — so two robustness tables move to the Internet Appendix, bringing it to 57 pp. All authors reside in a high-income country and one is an AFA member, so the fee is the high-income member tier (confirm the figure on the AFA page). They drafted a generic cover letter — which JF says to skip; they delete it, having nothing specific to flag. With the IA bundled and code staged for the Data Editor, the submission is clean.
Desk-reject-adjacent preflight traps
| Trap caught at preflight | The fix before submitting |
|---|
| Body over 60 pp | Move non-decisive exhibits to the Internet Appendix |
| IA uploaded as a separate file | Re-bundle in the same PDF, titled "Internet Appendix" |
| Stale fee tier quoted | Re-check the current tier on the AFA submission page |
Anti-patterns
- Attaching a cover letter with no specific purpose (JF says skip it)
- Submitting a paper over 60 pages and counting the Internet Appendix against the limit
- Uploading the Internet Appendix as a separate file instead of bundling it in the same PDF
- Treating code sharing as optional — JF's Data Editor verifies it at acceptance
- Quoting an old fee tier without checking afajof.org/submissions
Output format
【Portal】AFA online submission system — account ready: yes/no
【Fee tier (member/economy) confirmed?】yes / no — $amount
【≤60 pp, 1.5 spacing, 12pt?】yes / no
【Internet Appendix bundled in same PDF + all items cited?】yes / no
【Cover letter only if needed (exemption/COI)?】yes / no
【Disclosure + replication code ready?】yes / no
【Next step】jf-referee-strategy → (after decision) jf-rebuttal
Related resources
