Over the past 10 years (2014-2023), the average number of students who received grants aid/scholarships is 590, which is 68.70 % of all undergraduate students. 327 students which is 38.10% of undergraduate students received federal student loans and the average loan amount is $6,663.

For full-time, first-time beginning students (freshmen), 67.00% of students received grants or scholarships and 39% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Harvey Mudd College since 2013.

For that period, the average number of students who received grants aid/scholarships is 590, which is 68.70 % of all undergraduate students. 327 students which is 38.10% of undergraduate students received federal student loans and the average loan amount is $6,663.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14589 (73%)$28,001112 (14%)$4,115325 (40%)$7,306
2014-15589 (73%)$29,138102 (13%)$4,277320 (40%)$7,138
2015-16586 (71%)$30,71499 (12%)$4,354325 (39%)$7,442
2016-17587 (71%)$32,159106 (13%)$4,184340 (41%)$7,172
2017-18586 (68%)$34,661115 (13%)$4,170332 (39%)$7,122
2018-19611 (68%)$36,443120 (13%)$4,620348 (39%)$6,024
2019-20605 (67%)$38,365117 (13%)$5,007337 (37%)$6,110
2020-21560 (66%)$32,162103 (12%)$4,877296 (35%)$5,961
2021-22592 (65%)$39,264117 (13%)$5,109330 (36%)$6,105
2022-23599 (65%)$41,737130 (14%)$5,546321 (35%)$6,253
Average590 (68.70%)$34,264112 (13.00%)$4,626327 (38.10%)$6,663
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 11 years, on average, 147 (67.00 % of students) received grants or scholarships and its average amount is $36,269. It can cover 54.74% of tuition & fees ($66,255).

In addition, 86 (39.00 % of students) students get helped from the students loans (average amount : $6,510).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14152 (70%)$30,72384 (39%)$6,092
2014-15135 (70%)$32,09882 (42%)$6,966
2015-16156 (73%)$33,89590 (42%)$6,383
2016-17149 (69%)$33,78291 (42%)$7,236
2017-18151 (67%)$35,66082 (36%)$7,001
2018-19164 (70%)$37,54297 (41%)$5,870
2019-20140 (63%)$42,34776 (34%)$6,143
2020-21130 (63%)$32,18879 (38%)$5,816
2021-22129 (57%)$42,38695 (42%)$7,481
2022-23162 (68%)$42,07080 (34%)$6,112
Average147 (67.00%)$36,26986 (39.00%)$6,510
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table shows the trends of grants or scholarships over time. For the last 11 years, on average, 30 (13.50 % of students) received Pell (federal) grants and its average amount is $4,760.

In addition, 21 students received State/local government grants/scholarships (9.70 % of students).

Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1427 (12%)$4,18625 (12%)$1,70024 (11%)$9,084152 (70%)$28,266
2014-1525 (13%)$4,11819 (10%)$2,05316 (8%)$9,084135 (70%)$29,970
2015-1624 (11%)$4,54817 (8%)$2,32423 (11%)$8,887153 (71%)$32,252
2016-1729 (13%)$4,08628 (13%)$1,66915 (7%)$9,084149 (69%)$31,759
2017-1831 (14%)$4,28928 (12%)$1,64316 (7%)$9,084151 (67%)$33,513
2018-1932 (14%)$4,85928 (12%)$1,78525 (11%)$9,084164 (70%)$34,904
2019-2031 (14%)$5,00924 (11%)$1,64618 (8%)$9,084139 (62%)$40,074
2020-2126 (13%)$5,07996 (46%)$2,87119 (9%)$8,845128 (62%)$28,193
2021-2232 (14%)$5,62329 (13%)$2,17225 (11%)$9,220129 (57%)$38,716
2022-2341 (17%)$5,80237 (16%)$1,83832 (14%)$9,212161 (68%)$38,600
Average30 (13.50%)$4,76033 (15.30%)$1,97021 (9.70%)$9,067146 (66.60%)$33,625
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 11 years, on average, 86 (39.00 % of students) get any students loan help and its average loan amount is $86.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1484 (39%)$6,09284 (39%)$6,092--
2014-1582 (42%)$6,96681 (42%)$5,8293 (2%)$33,017
2015-1690 (42%)$6,38389 (42%)$5,8243 (1%)$18,715
2016-1791 (42%)$7,23689 (41%)$5,7089 (4%)$16,713
2017-1882 (36%)$7,00181 (36%)$6,0396 (3%)$14,163
2018-1997 (41%)$5,87095 (41%)$4,9496 (3%)$16,536
2019-2076 (34%)$6,14375 (33%)$5,0126 (3%)$15,150
2020-2179 (38%)$5,81679 (38%)$4,8218 (4%)$9,820
2021-2295 (42%)$7,48193 (41%)$5,22310 (4%)$22,490
2022-2380 (34%)$6,11280 (34%)$4,9507 (3%)$13,286
Average86 (39.00%)$6,51085 (38.70%)$5,4456 (3.00%)$17,766

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