For Immediate Release
November 6, 2017
Contact: College Planning & Community Engagement
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Concord, N.H. — The EDvestinU® Student Loan Lending & Refinancing Program of the nonprofit New Hampshire Higher Education Loan Program (NHHELCO) announced today the launch of fixed rate private undergraduate and graduate student loans nationally.
Expanding upon its nonprofit mission, NHHELCO now offers fixed rates to students outside of New Hampshire or to those students attending a New Hampshire college or university with competitive interest rates, zero application fees, and student loan servicing from its nationally recognized sister organization Granite State Management & Resources (GSM&R).
"Since 1993, NHHELCO has been committed to supporting students’ postsecondary aspirations. Today, we are extremely pleased to be able to provide students nationwide with affordable financing for college," said Rich Neilsen, EDvestinU®’s Education Loan Program Manager. "Our goal is to guide students and families to make informed borrowing decisions by offering competitive interest rates and flexible repayment plans. Our Quarterly Scholarship Giveaway, which has awarded over $130,000 to current college students since 2013, also helps students reduce the amount they may need to borrow."
EDvestinU’s fixed Annual Percentage Rates (APR) range from 4.516% to 9.260% with enrollment in Autopay. Borrowers may select from three possible repayment plans during the application process. Borrowers may also choose an EDvestinU variable rate loan with APRs ranging from 3.246% to 9.164%, also with enrollment in Autopay.
For more information about NHHELCO’s loan programs or Quarterly Scholarship Giveaway, please visit edvestinu.com or call 603.227.5423.