HMF College Graduate Program

Get new Hyundai vehicle through the HMF College Graduate Program!

Eligible Vehicles

  • New and untitled 2013, 2012 and 2011 Hyundai vehicles, including demonstrators and Service Loaner vehicles with less than 6,000 miles.

Eligible Programs

  • Compatible with all standard and special programs including Special Lease. Please refer to standard or special program bulletins for Rates & Terms.

Customer Eligibility

grad program
  • Eligible students must be within six (6) months of graduation or up to twenty-four (24) months after graduation of an accredited four-year college or university, nursing school, and accredited two-year college, or an accredited masters or doctorate program in the United States.
  • Must be currently employed or have verifiable proof of employment to begin within 90 days of approval and meet minimum income and payment-to-income requirements.

Hyundai Finance Rebate

  • $400 HMF College Graduate Rebate is available with all new Hyundai Vehicles and only if the customer is financing with HMF using the College Graduate Program. The $400 HMF rebate must be applied as a down payment and listed on the retail installment contract in the "Itemization of Amount Financed" section as a manufacturer's rebate. This HMF College Graduate Rebate is in addition to HMA rebates. HMF $400 rebate will be paid to the dealer monthly by HMF.
  • Rebate will not be paid if application is not submitted as college graduate program in DealerTrack and proper documentation is not submitted prior to funding.

Hyundai Finance Rebate

  • $400 HMF College Graduate Rebate is available with all new Hyundai Vehicles and only if the customer is financing with HMF using the College Graduate Program. The $400 HMF rebate must be applied as a down payment and listed on the retail installment contract in the "Itemization of Amount Financed" section as a manufacturer's rebate. This HMF College Graduate Rebate is in addition to HMA rebates. HMF $400 rebate will be paid to the dealer monthly by HMF.
  • Rebate will not be paid if application is not submitted as college graduate program in DealerTrack and proper documentation is not submitted prior to funding.

Term:

  • Up to 72 months.

Credit Requirements

  • No adverse credit history. No bankruptcies, foreclosures, repossessions, collection accounts, charge-offs, tax liens, judgments, or any other delinquent credit.
  • Monthly payment to Applicant's gross income ratio cannot exceed 20%
  • Monthly payment to Applicant's gross income ratio cannot exceed 20%
  • Gross monthly income from the applicant's combined income sources must be greater than or equal to $2,000 per calendar month.

Program Parameters

  • No down payment required.
  • First monthly payment will be due up to 90 days from the contract date, subsequent payments will be made on the monthly due date. Interest is assessed from contract date. 90 Days to First Payment is not available in the states of Connecticut or Pennsylvania. 90 Days to First Payment is available for standard program.
  • Applications will be approved at a minimum credit tier 4 rate and standard advance level.
  • Rate Participation - Please refer to standard or special program bulletins for participation rules.

Required Documentation

  • Copy of HMF approval indicating approval is for HMF College Graduate Program.
  • Signed HMF Consent to Release of Enrollment & Degree Information.
  • Vehicle Factory Invoice.
  • Copy of valid HMF Contract.
  • Proof of Collision Insurance is required.
  • Current YTD proof of income OR verifiable proof of employment to begin within 90 days of approval.
  • Copy of the graduate's diploma or letter from the college or university registrar's office including the date and type of the degree.
  • All documentation must be included in the documentation package and sent to HMF Funding Department prior to contract funding.
  • HMF reserves the right to return any contract on which program requirements (including degree) cannot be verified.
HMF reserves the sole right to cancel, amend or revoke any program offer in full or in part for any reason at any time without incurring liability; interpret these program offers and shall not be bound by any previous interpretations made by HMF before or during the program. This announcement supersedes all previously communicated versions.