Annual Report 2024–2025

Class of 2029

2.5% increase overall in applications.
First years represent 32 states plus D.C. and 10 countries; 45% from California

  • 238Entering Students
  • 51%Female
  • 20%First-generation College Students
Board of Trustees approve the Harvey Mudd College Strategic Plan
2025–2035, STEM for a Better World, developed via community-wide
engagement. The plan embodies the College’s commitment to
continuous innovation and impactful contributions.
The College receives the new Carnegie Classification for “Research
Colleges and Universities,” reinforcing its distinctive research program
that provides opportunities for its undergraduate-only student body to
engage in meaningful, leading-edge discovery.

During fall 2024, six teams present their ideas to the HMC community and external stakeholders at the College’s first Innovation Accelerator Showcase. Three projects are selected to receive funding and put their plans into action as Innovation Accelerator Laboratories: Data Science and Social Impact, Emerging Health Technology, and Thriving.

Harvey Mudd places high in rankings published by The Princeton Review (including No. 2 for Best Career Placement and No. 4 for Top 50 Best Value Colleges among private schools), PayScale (No. 1 for early career pay and No. 4 for mid-career pay), Washington Monthly (No. 2 among liberal arts colleges) and The Wall Street Journal (No. 2 in the nation for best overall student experience).
Chair of Department of Chemistry and Seeley Wintersmith Mudd Professor of Chemistry and Biology Karl Haushalter is appointed to a five-year term as vice president for academic affairs and R. Michael Shanahan Dean of the Faculty. Talithia Williams, professor of mathematics and director of the Mathematics Clinic Program, is elected to a three-year term as chair of the faculty.
Three mathematics faculty members are recognized for excellence in teaching by the Mathematical Association of America and the American Mathematical Society. Faculty members receive research funding from the National Science Foundation, American Chemical Society, USDA and the ASIANetwork.
Homework Hotline concludes after 15 years employing 180 tutors who facilitated 36,919 tutoring sessions with K–12 students in nearby communities and beyond.

President Nembhard moderates a conversation about entrepreneurship for social good with Mellody Hobson, co-CEO and president of Ariel Investments, and Ajit Singh, partner at Artiman Ventures, as part of the Annenberg Leadership Forum. The panelists discuss ways entrepreneurship can drive meaningful social impact, with a focus on achieving the United Nations Sustainable Development Goals.

Harvey Mudd students earn prestigious awards from the U.S. Department of Energy (two awardees), Astronaut Scholarship Foundation, American Physical Society, Computing Research Association, Barry Goldwater Scholarship, Thomas J. Watson Fellowship and the American Mathematical Society.
A new joint major for students interested in the highly interdisciplinary field of computer science and climate science is instituted by the Department of Computer Science and the Hixon Center for Climate and the Environment.

Alumni and Family Engagement

The Office of Alumni and Family Engagement partners with alumni and parents to provide programs and resources that cultivate lasting, meaningful relationships with the College and promote a culture of connection, engagement and support.

  • 92engagement opportunities for alumni, parents and students
  • 2,749attendees at events held virtually and in 33 cities across the U.S. and around the world
  • 359alumni and parents engaged in volunteer support of the College
After extensive community engagement, the Task Force on Clinic and Corporate Partnership releases its final report centered on aligning the Clinic program and corporate partnerships with the College’s mission of nurturing well-rounded, socially conscious leaders. Key priorities include: greater inclusivity in institutional partnerships, a curriculum that supports diverse career pathways, and robust structures that allow students to meaningfully participate in shaping their educational journey.
The Task Force on College Affordability presents its first interim report, outlining multiple steps along the path toward greater college affordability, which would allow the College to gradually step up the generosity of financial aid policies as additional funds are raised.

“We’ve had another productive and impressive year, and I’m pleased to present highlights from fiscal year 2024–2025.”

JIM BEAN ’77
CHAIR, BOARD OF TRUSTEES

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Financial Review

Harvey Mudd maintained a strong financial position while navigating an ever-changing and complex economic and political environment, including rising costs and new federal regulations. Through our continued partnership with the Claremont Investment Fund, the College’s endowment has reached its highest level to date, reinforcing our ability to deliver positive financial outcomes. This year, the College launched the Innovation Accelerator to advance our strategic plan, STEM for a Better World. Designed to foster bold, collaborative proposals that drive institutional impact, the initiative reflects our commitment to innovation and long-term priorities. As we look ahead, the College remains committed to prudent resource management while investing in initiatives that support academic excellence, innovation and sustainable growth.

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Advancement Review

Philanthropic support this year advanced the College’s strategic priorities, including STEM for a Better World, while also strengthening the annual fund. This collective investment ensured that students, faculty and programs had the resources needed to thrive throughout the academic year. Together, these results reflect our donors’ deep commitment to both the long-term vision of Harvey Mudd College and the immediate needs of our community.

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