A Harvey Mudd education is a public good with a private intensity. It transforms the lives of not just our graduates, but also of their families. With graduates having among the highest earning potential of any institution, we prepare our graduates to thrive in a complex and interdisciplinary workforce, which is one key reason Harvey Mudd alumni have always had a disproportionate impact on society. They are at the forefront of solving the world’s greatest challenges, and their technical skills—coupled with their talents as collaborators and communicators—are precisely what the world needs now. To continue our impact into the future, we must be able to recruit the world’s most capable students based on their intellectual ambition and their potential to lead. Philanthropy is the essential engine behind this promise, ensuring that the Harvey Mudd community remains a concentrated hub of talent, ready to solve the most pressing challenges of our time.
The Cost of Excellence in STEM
The demand for cutting-edge facilities and world-class faculty has made STEM the most expensive undergraduate degree to deliver. According to the American Institutes for Research, engineering degrees require nearly double the average spending of other disciplines.
The Harvey Mudd Promise
Financial aid is our most strategic tool for securing talent. The Harvey Mudd Promise eliminates loans from our financial aid packages, making the College more attractive to families and more empowering for our students. Instead of managing the burden of debt, Harvey Mudd alumni will be free to choose their next steps based on their individual interests and aspirations. The College has recently achieved its goal to become loan-free for families earning $100,000 or less and through The Campaign for Harvey Mudd College, our ambitious goal is to become loan-free for all students and families.
Funding Needed to Remove Loans for all Students
Additional annual financial aid needed: $1.16 million
Endowment needed to fully fund: $25.8 million
Impact Scholars Program
The Impact Scholars Program is the umbrella for a family of scholarship opportunities that includes research opportunities to support students and faculty, both need- and merit-based scholarships, and an opportunity to connect students with mentors and experiences in a variety of areas. Through The Campaign for Harvey Mudd College, we envision new initiatives being added to the Impact Scholars program based on student and faculty academic interests, societal relevance and impact, and donor interest and commitment. Our goal is to create additional Impact Scholarship opportunities, allowing us to further expand access and affordability to today’s brightest students.
Mudd Opportunity for Research Experience (MORE) Program
The MORE program would include a yearly scholarship tentatively set at $25,000 as well as a guaranteed research experience for one summer during a student’s years at Harvey Mudd. Students would receive a summer research stipend and resources would also be provided for a faculty stipend.
Funding Needed to Support the MORE Program
Annual funding needed with 8 students per year $1 million
Endowment needed to fully fund: $22.2 million
President’s Scholars Program
The President’s Scholars Program has been a flagship program for identifying and attracting the thinkers and doers who will define the next half-century of scientific progress by providing full tuition scholarships. The program promotes excellence and belonging at Harvey Mudd by recognizing incoming first-year students who are committed to making an impact in their own community and in the world. The award is intended to foster these students’ potential as future leaders in the fields of science, engineering, mathematics, and technology. President’s Scholars will receive a full-tuition scholarship to Harvey Mudd, renewable for four years.
To ensure a strong future pipeline of STEM graduates with a solid grounding in the “Harvey Mudd way,” we have launched the Advanced STEAM Pre-college Immersion for Research and Exploration (ASPIRE) High School Summer Academy. This intensive, residential program invites high-achieving high school students into our classrooms and labs to work alongside faculty and student mentors. The two-week, immersion program provides students with hands-on academic experiences, college preparation workshops, field trips and career exploration opportunities and opportunities to use collaborative creativity spaces such as HMC’s makerspace and The Hive.
Advanced STEAM Pre-collegiate Immersion for Research and Exploration
A two-week residential program where students build real problem-solving, critical-thinking and collaboration skills through hands-on STEAM projects, labs and community experiences. The program is a reflection of Harvey Mudd’s mission to develop well-rounded scientists, engineers and thinkers grounded in both STEM and the humanities.