For many students, the financial assistance offered by Harvey Mudd includes a loan. The education loans provided through our financial aid program offer low interest rates and convenient repayment terms. In most cases, you won’t have to start repaying your loan until six to nine months after you graduate. The cohort default rate on student loans, which is based upon the number of Harvey Mudd students who default on their student loans within the first three years after graduation, is zero percent at Harvey Mudd—a compelling testimony to the affordability of Harvey Mudd loans. The average indebtedness of the Harvey Mudd College Class of 2016 was $25,407.
There are loans for both students and parents that you and your family can take advantage of even if you don’t qualify for need-based aid. Before taking out a loan, make sure you understand our code of conduct for education loans (PDF) and all the issues surrounding loan repayment.