Pleased with its accurate prediction of the number of accepted candidates who will come to Harvard next year, the Faculty Committee on Admissions and Scholarships took a deep breath yesterday and began to round out the Class of '68 from the waiting list.

Approximately 83 per cent of the 1360 men who received letters of admission last month have decided to accept, Fred L. Glimp '50, dean of Admissions and Financial Aids, said yesterday.

All but about 40 of those accepted have already answered the College and indicated their plans, Glimp stated. These include students who are abroad at the present time or who have been given extended deadlines to work out financial or other problems.

About 25 to 50 names will be taken from the waiting list of 250, Glimp said, with the exact number depending on the 40 replies not yet received. The final goal is a freshman class of 1200, including previously accepted candidates who postponed their entrance.

The average number of people admitted from the waiting list in recent years has been about 60, according to Glimp. Despite an early scare in the number of positive replies, this figure held last year.

'66 Folled Predictions

The Class of '66, however, upset all predictions, when the percentage of accepted candidates who replied affirmatively climbed a full five per cent above expectations to an all-time high of 84 per cent. Only ten students were admitted to the class from the waiting list that year.

The Class of '68 was expected to have about 400 scholarship holders, with awards totaling $550,000. The flow of replies so far, Glimp said, indicates that this prediction will be fairly accurate. This figure, too, was off for the Class of '66, when too many people accepted scholarship offers and put pressure on the supply of funds.