HMFC College Graduate Program
Student loan payments got you down? Don't believe you can afford the brand-new car of your dreams? Believe it! Here at Hyundai Motor Finance Company we recognize the hard work and dedication that goes into earning a degree in any field.
Customer Eligibility
- 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.
HMFC College Graduate Program Parameters
- HMFC Rebate - $400 HMFC College Graduate Rebate is available with all new Hyundai Vehicles and only if the customer is financing with HMFC using the College Graduate Program. The $400 HMFC 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.
- Down Payment - No down payment required.
- Term - Up to 60 months.
- 90 Days to First Payment - 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.
Credit Requirements
- No adverse credit history. No bankruptcies, foreclosures, repossessions, collection accounts, charge-offs, tax liens, judgments, or any other delinquent credit.
- Gross monthly income from the Applicants primary job - must be greater than or equal to $2,000 per month.
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