Student Financial Services awards Mount Holyoke College Loans to U.S. and DACA/undocumented students as part of the financial aid process. The maximum amount that a student can receive in any year is listed in their aid package.

You may be offered a Mount Holyoke College Loan as part of your need-based financial aid package. The loans are administered by Mount Holyoke College through ECSI.

Requirements for disbursement of Mount Holyoke College Loans

  1. Review the sample application disclosure notice.
  2. Sign the promissory note and disclosure documents.
  3. Have, or obtain, a valid Social Security number issued by the United States Social Security Administration.

Student Financial Services grants Mount Holyoke College Loans to students as part of the financial aid process. 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 reenrollment, a deferment is available. Other deferment options can be discussed with ECSI. Standard repayment of principal and interest shall be made over a period of ten years.

You will need to sign a promissory note for each academic year that a loan is included in your financial aid package. You will need to include your Social Security number and birthdate in order to sign the promissory note online.

You will be contacted via email when the promissory note is ready for completion. If you will be studying abroad, you should complete document requirements before leaving the United States.

Who to contact with questions

General loan questions can be submitted via email to Student Financial Services. Mount Holyoke College Loan borrowers who have routine billing questions should contact ECSI at 888-549-3274. A loan borrower can also download forms, make payments and check an account online through ECSI.