For Immediate Release
March 5, 2014

Contact: Tara Payne
(603) 227-5318
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SNHU Financial Literacy Expert Elected to NH Higher Education Assistance Foundation Board

Concord, NH - New Hampshire Higher Education Assistance Foundation (NHHEAF) recently elected Mr. Jeffrey Penta, Associate Director for Financial Literacy at Southern New Hampshire University (SNHU), to its board of directors. “Jeff’s financial aid and strategic communications expertise and passion for financial education will forward the important mission of NHHEAF,” stated René A. Drouin, President & CEO of NHHEAF.

Jeff joined SNHU in 2008 as Assistant Director of Financial Aid, before becoming Communications Manager in 2010. Prior to joining SNHU, he served as an advisor and career counselor at Hesser College. Jeff has consistently emphasized financial education as a critical component of the college experience, particularly for student recipients of federal student aid. Jeff received his undergraduate degree in Sports Management, MS degree in Organizational Leadership and MBA. Currently, Jeff is working towards his Doctorate of Education in Higher Education Administration from Northeastern University.

NHHEAF was established by the banking community in 1962 to guarantee student loans, and from 1965 until 2010, was the designated guarantor for the Federal Family Education Loan Program (FFELP) in New Hampshire. Within the Organizations, NHHEAF is responsible for default prevention, default collections, and oversight of the federal loan programs. NHHEAF consistently ranks first among guarantors with the nation's lowest default rates.


New Hampshire Higher Education Assistance Foundation (NHHEAF), is a 501(c)(3) nonprofit agency that provides students and families with the resources to pursue higher education aspirations and manage student loan repayment. NHHEAF is one of three active nonprofit companies that comprise The NHHEAF Network Organizations. Funds generated by the Organizations make its charitable mission possible as student loan earnings are reinvested in programs and services that benefit citizens of New Hampshire.