Mount Holyoke College Loan

SFS Updates   |   Contacts   |   Forms & Deadlines

Requirements for disbursement of Mount Holyoke College Loans

• Master Promissory Note is available online (Please turn off any pop-up blocker software in order to access the Web site).

Student Financial Services grants Mount Holyoke College Loans to students as part of the financial aid process. Mount Holyoke College Loans are not awarded to supplement a financial aid package. The loans are administered by Mount Holyoke College through ACS Education Services.

The applicable interest rate for the Mount Holyoke College Loan is 8.0% fixed, which accrues when repayment begins. There is a six-month grace period between graduation and repayment. During any period of re-enrollment, a deferment is available. Other deferment options can be discussed with ACS Education Services.

The Master Promissory Note (MPN) is a multi-year promissory note for students awarded the Mount Holyoke College Loan.  A student signs this MPN only once at the time she first borrows this loan.  In subsequent years, she may borrow additional loans as awarded based on the originally signed MPN.  

Students will be contacted by email when the Master Promissory Note is ready for completion. If a student will be attending a Study Abroad Program, she should sign all loan documents before leaving the country.

General loan questions can be submitted via email to Student Financial Services. Mount Holyoke College Loan borrowers who have routine billing questions should contact ACS at (630) 620-2700. A loan borrower can also download forms, make payments and check an account online through ACS.