Understanding Your Offer
Admitted students who have applied for financial aid will receive either a tentative or official Financial Aid Offer shortly after receiving their offer of admission.
The Offer contains information about your financial aid eligibility, including your cost of attendance, the types and amounts of funds you are eligible to receive (scholarships, loans, work study), your rights and responsibilities regarding financial aid, how to notify us of any additional funds you are receiving and how to accept/decline/reduce any of the funds you have been offered.
The type of Offer received will depend on the completeness of your financial aid application.
Tentative Financial Aid Offer
You may receive a tentative Financial Aid Offer if the information you supplied is incomplete. Tentative aid is based upon the estimated information provided to the Office of Financial Aid at the time of offering.
More information is required to verify application data prior to issuing an official Financial Aid Offer. Additional information might include: signed and completed copies of your and your parents’ federal tax forms for the prior year, a completed or corrected FAFSA using the IRS data retrieval process, an IRS tax return transcript, or additional tax forms for corporations or partnerships.
The aid listed on the tentative Financial Aid Offer is not final. It will not be credited to your student account and may be adjusted after we receive your additional information.
Only incoming first-year students may receive a tentative Financial Aid Offer. Continuing students will receive only their official Financial Aid Offer after all required information is received.
Official Financial Aid Offer
Once we have received all the information required to verify your financial aid, we will send you an official Financial Aid Offer. You may receive this after you have responded to a tentative Financial Aid Offer, or it could be your first notification of aid eligibility. After you receive an official Financial Aid Offer, you should complete all forms and master promissory notes (MPNs) for the student and/or parent loans that you are accepting from your Financial Aid Offer. You must indicate the loan(s) you want to modify or decline in the “Request changes” section of your Financial Aid Offer.
Only aid from an official or revised Financial Aid Offer will be credited to your student account.
Revised Financial Aid Offer
Once you have received an official Financial Aid Offer, revisions may be needed if you received an outside scholarship, your cost of attendance has changed, additional funds have been approved or you’ve decided to decline your Offer.
Any changes or additions to a Financial Aid Offer will be reflected on a Revised Financial Aid Offer. Revisions are sent throughout the year, as necessary. If required, a signed copy of your Revised Financial Aid Offer must be returned to the Office of Financial Aid by the deadline specified or within 10 days of receipt.
Afford Resources
- Net Price Calculator
- HMC Applicant Hub – For Applicants and Admitted Students
- Financial Aid @ HMC Portal – For Current Students
- Admission and Financial Aid Announcements
- Applying for Financial Aid
- Downloadable Forms
- Handshake Job Search
- CSS Profile
- Free Application for Federal Student Aid (FAFSA)
- Institutional Documentation Service (IDOC)
- studentaid.gov
- Direct Loan Exit Counseling
- Direct Loan Exit Counseling Guide (PDF)
- Consumer Information Disclosures
- Outside and Private Awards
- Understanding Your Financial Aid Package (PDF)
- Federal Direct Loans (PDF)
- Contact Financial Aid
- Submit Requested Document(s) Online
Personal Information in Emails
Be sure to redact all personal identifiable information (PII), such as, social security numbers, date of birth, etc. when sending documents via email.