For Immediate Release
October 8, 2015

Contact: College Planning & Community Engagement
(603) 227-6612
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NHHEAF Achieves Lowest Student Loan Default Rate in the Nation for Fourth Consecutive Year

Concord, NH — The U.S. Department of Education recently released the Fiscal Year 2012 Cohort Default Rate (CDR) for student loan lenders, loan holders and guaranty agencies participating in the Federal Family Education Loan Program. Diligent default aversion activities placed New Hampshire Higher Education Assistance Foundation (NHHEAF) as the lowest 3-year CDR in the nation at 2.5%. This marks the fourth consecutive year NHHEAF has led the nation with the lowest CDR. The 3-Year National Average Cohort Default Rate fell to 11.8% from 14.7%.

Each year, the U.S. Department of Education publishes cohort default rates based on the percentage of a guaranty agency’s student borrowers who enter repayment on FFEL program loans during a federal fiscal year (October 1–September 30) and default before the end of the next two fiscal years.

“The recent addition of such borrower-friendly repayment terms from the federal government, such as income-driven repayment plans, combined with the expertise of our loan counseling staff truly allows our loan counselors to help students and parents repay their federal student loans successfully,” states Sara Tremaine, Vice President of Guarantor and Loan Management. “The commitment to borrower financial education and debt management is supported throughout our organization.”

In addition to personalized support during repayment, NHHEAF’s Campaign for Financial Education provides speakers and educational material aimed at providing local high school and college students the tools they need to make informed financial decisions. To inquire about the Campaign for Financial Education or request materials, visit the Events & Resources section of