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You may be able to take advantage of a variety of student loan programs. Typically these programs offer low-interest rates and repayment plans designed with students in mind. In many cases, you will not have to start repaying these loans until after you have graduated or left school, and you may be able to defer interest payments as well.

Most students who apply for financial aid are offered some loans that are funded by the federal government. These loans are typically included in your Financial Aid Package.

Detailed information is available about each of our student and parent loan programs:

• Federal Direct Student Loans
• Harvey Mudd Loans
• Private Loans
• Loans for Parents – Federal Direct PLUS Loan

For those borrowing a Subsidized Federal Direct Loan and/or an Unsubsidized Federal Direct Loan:

1. All borrowers are required to review the amount of loans offered and actively accept the loans on the Financial Aid @ HMC portal or by signing and returning a copy of their Financial Aid Offer to the Financial Aid Office.
2. First time student borrowers are required to complete an electronic . The promissory note is good for ten years and is your loan application.
3. First time student borrowers are required to complete online before loan funds can be paid to your student account.
4. Students who have completed the loan requirements listed above, and all other financial aid requirements will have loan funds applied to their student account during the first week of October for the fall semester and the first week of February for the spring semester. Loans are paid weekly as requirements are completed.