{"id":745,"date":"2012-06-18T15:06:45","date_gmt":"2012-06-18T22:06:45","guid":{"rendered":"http:\/\/newwww.hmc.edu\/admission\/?page_id=745"},"modified":"2025-12-03T16:22:25","modified_gmt":"2025-12-04T00:22:25","slug":"loans-for-parents","status":"publish","type":"page","link":"https:\/\/www.hmc.edu\/admission\/afford\/education-loans\/loans-for-parents\/","title":{"rendered":"Loans for Parents"},"content":{"rendered":"\n<div class=\"wp-block-mudd2021-right-sidebar right-sidebar\" id=\"right-sidebar\">\n<h2 class=\"wp-block-heading\">Afford Resources<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/npc.collegeboard.org\/student\/app\/hmc\">Net Price Calculator<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/connect.hmc.edu\/portal\/app_status\" data-type=\"link\" data-id=\"https:\/\/connect.hmc.edu\/account\/login\">HMC Applicant Hub &#8211; For Applicants and Admitted Students<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/myfinaid.hmc.edu\/\">Financial Aid @ HMC Portal &#8211; For Current Students<\/a> <\/li>\n\n\n\n<li><a href=\"https:\/\/www.hmc.edu\/admission\/category\/announcements\/\">Admission and Financial Aid Announcements<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.hmc.edu\/admission\/afford\/applying-for-financial-aid\/\" data-type=\"link\" data-id=\"https:\/\/www.hmc.edu\/admission\/afford\/applying-for-financial-aid\/\">Applying for Financial Aid<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.hmc.edu\/admission\/afford\/applying-for-financial-aid\/downloadable-forms\/\">Downloadable Forms<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.hmc.edu\/admission\/afford\/other-resources\/outside-and-private-awards\/\">Outside and Private Awards<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/onbase-forms.cuc.claremont.edu\/appnetob\/UnityForm.aspx?d1=AexpO%2bs17dy7efamHzzbb90m%2fhI9XW9ecKmFpP3JvgX2B4YD%2b%2b3x1RLy5w3D%2b1%2fi9PbVQ6NbFBUOEbm9v0KyfRiGrv1m0bvmxSB%2bOHvxYDeHVWKJQWheG1c%2fz3bzVJYWWnut8ML5lF5nojEGAKxPMmN5%2fWUrEvWlxMwZcg1Zk4Z5EEWIRRuf5OVlMkKyL0Fvqcgy5p3szZHSxTcY%2bokrHhCU3UgkBTwd34bk0XGK%2fObfYOPeokdJ559bNkDoh5Z4c4RUR%2bbbHJgOgkI%2blRfcWHg%3d\" data-type=\"link\" data-id=\"https:\/\/onbase-forms.cuc.claremont.edu\/appnetob\/UnityForm.aspx?d1=AexpO%2bs17dy7efamHzzbb90m%2fhI9XW9ecKmFpP3JvgX2B4YD%2b%2b3x1RLy5w3D%2b1%2fi9PbVQ6NbFBUOEbm9v0KyfRiGrv1m0bvmxSB%2bOHvxYDeHVWKJQWheG1c%2fz3bzVJYWWnut8ML5lF5nojEGAKxPMmN5%2fWUrEvWlxMwZcg1Zk4Z5EEWIRRuf5OVlMkKyL0Fvqcgy5p3szZHSxTcY%2bokrHhCU3UgkBTwd34bk0XGK%2fObfYOPeokdJ559bNkDoh5Z4c4RUR%2bbbHJgOgkI%2blRfcWHg%3d\">Submit Requested Document(s) Online<\/a><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Personal Information in Emails<\/h2>\n\n\n\n<p>Protect your personal information and do not send personal identifiable information (PII) like social security numbers, date of birth, etc. when communicating by email. Protect your data by using our <a href=\"https:\/\/onbase-forms.cuc.claremont.edu\/appnetob\/UnityForm.aspx?d1=AexpO%2bs17dy7efamHzzbb90m%2fhI9XW9ecKmFpP3JvgX2B4YD%2b%2b3x1RLy5w3D%2b1%2fi9PbVQ6NbFBUOEbm9v0KyfRiGrv1m0bvmxSB%2bOHvxYDeHVWKJQWheG1c%2fz3bzVJYWWnut8ML5lF5nojEGAKxPMmN5%2fWUrEvWlxMwZcg1Zk4Z5EEWIRRuf5OVlMkKyL0Fvqcgy5p3szZHSxTcY%2bokrHhCU3UgkBTwd34bk0XGK%2fObfYOPeokdJ559bNkDoh5Z4c4RUR%2bbbHJgOgkI%2blRfcWHg%3d\" data-type=\"link\" data-id=\"https:\/\/onbase-forms.cuc.claremont.edu\/appnetob\/UnityForm.aspx?d1=AexpO%2bs17dy7efamHzzbb90m%2fhI9XW9ecKmFpP3JvgX2B4YD%2b%2b3x1RLy5w3D%2b1%2fi9PbVQ6NbFBUOEbm9v0KyfRiGrv1m0bvmxSB%2bOHvxYDeHVWKJQWheG1c%2fz3bzVJYWWnut8ML5lF5nojEGAKxPMmN5%2fWUrEvWlxMwZcg1Zk4Z5EEWIRRuf5OVlMkKyL0Fvqcgy5p3szZHSxTcY%2bokrHhCU3UgkBTwd34bk0XGK%2fObfYOPeokdJ559bNkDoh5Z4c4RUR%2bbbHJgOgkI%2blRfcWHg%3d\">secure document upload service<\/a> or submitting documents electronically through the <a href=\"https:\/\/cssprofile.collegeboard.org\/idoc\" data-type=\"link\" data-id=\"https:\/\/cssprofile.collegeboard.org\/idoc\">College Board&#8217;s IDOC service<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Consumer Information <\/h2>\n\n\n\n<p>HMC provides information about the institution&#8217;s policies, procedures, operations, costs, and more in and effort to ensure fairness and transparency. <a href=\"https:\/\/www.hmc.edu\/institutional-research\/higher-education-opportunity-act-heoa\/\" data-type=\"link\" data-id=\"https:\/\/www.hmc.edu\/institutional-research\/higher-education-opportunity-act-heoa\/\">Consumer Information<\/a> is published by our Institutional Research Office.<\/p>\n<\/div>\n\n\n\n<p>The financial needs of our students&#8217; families are as different as the families themselves. For most students, the need-based assistance offered by Harvey Mudd is sufficient to pay for college when combined with the family&#8217;s calculated contribution.<\/p>\n\n\n\n<p>However, the reality for many families is that they are not prepared to contribute the calculated family contribution. Many parents look for low-interest financing options, such as the Federal Direct Parent Loan for Undergraduate Students (PLUS), to help reduce monthly expenses and to extend the payment of the academic year&#8217;s costs.<\/p>\n\n\n\n<p>Note: For those borrowing a Parent Loan for Undergraduate Students (PLUS),<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>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.<\/li>\n\n\n\n<li>PLUS loan borrowers must complete the <a href=\"https:\/\/studentaid.gov\/plus-app\/\" data-type=\"link\" data-id=\"https:\/\/studentaid.gov\/plus-app\/\">PLUS Loan Application<\/a> online.<\/li>\n\n\n\n<li>First time PLUS loan borrowers must complete and electronic <a href=\"https:\/\/studentaid.gov\/mpn\/\" data-type=\"link\" data-id=\"https:\/\/studentaid.gov\/mpn\/\">Master Promissory Note<\/a>. The promissory note is good for ten years.<\/li>\n\n\n\n<li>Students who have completed the loan requirements and all other financial aid requirements will have loan funds applied to their student account during the fist week of October for the fall semester and the first week of February for the spring semester. Loans then are disbursed weekly as requirements are completed.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>The financial needs of our students&#8217; families are as different as the families themselves. For most students, the need-based assistance [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":508,"menu_order":0,"comment_status":"closed","ping_status":"open","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-745","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.hmc.edu\/admission\/wp-json\/wp\/v2\/pages\/745","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hmc.edu\/admission\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.hmc.edu\/admission\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.hmc.edu\/admission\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hmc.edu\/admission\/wp-json\/wp\/v2\/comments?post=745"}],"version-history":[{"count":5,"href":"https:\/\/www.hmc.edu\/admission\/wp-json\/wp\/v2\/pages\/745\/revisions"}],"predecessor-version":[{"id":28655,"href":"https:\/\/www.hmc.edu\/admission\/wp-json\/wp\/v2\/pages\/745\/revisions\/28655"}],"up":[{"embeddable":true,"href":"https:\/\/www.hmc.edu\/admission\/wp-json\/wp\/v2\/pages\/508"}],"wp:attachment":[{"href":"https:\/\/www.hmc.edu\/admission\/wp-json\/wp\/v2\/media?parent=745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}