Secure a strong future in the Granite State

The nonprofit New Hampshire Higher Education Loan Corporation (NHHELCO) has a longstanding commitment to helping New Hampshire students find and fund their paths.

  • Up to a 1.5% interest rate reduction for NH students1
  • Expanded approval opportunities2
  • Multiple repayment options and terms
  • Origination support from local student loan experts

U.S. citizens or permanent resident students: State residency restrictions apply. Visit our State Eligibility page to see a listing of currently eligible states.

Annual Percentage Rate (APR) Range3

  • Fixed Rates

    5.000% – 9.197%w/ optional .25% automatic debit discount4
  • Variable Rates5

    7.360% – 10.373%w/ optional .25% automatic debit discount4

Loan Application Process

  1. .01

    Start the loan process

    Click ‘Get Started’ to pre-qualify and receive custom rates in under 3 minutes without affecting your credit score.6
  2. .02

    Complete the application

    Review the loan details and complete the secure online application. (This may affect your credit score.)6
  3. .03

    Upload documentation

    Upload required loan documentation to your account.
  4. .04

    Customize and sign

    Review your rates, configure your loan terms, and sign loan documentation.
  5. .05

    We do the rest

    We’ll send your loan information to your school for certification. Once your loan is certified, we’ll disburse it directly to your school on their preferred date(s).
Get Started

Sample Private Loan Rates & Terms

The tables below show you how much a $10,000 private student loan would cost in different scenarios with fixed and variable interest rates. These tables include EdvestinU’s optional .25% automatic debit discount, which borrowers can enroll in upon entering repayment. Notice how a loan’s rates and terms can affect the monthly payments and total cost.

Fixed Interest Rates

Fixed interest rates effective 6/6/2023
How Much a $10,000 Private Student Loan Would Cost with Fixed Interest Rates
TermInterest RatesAnnual Percentage Rate (APR)Monthly PaymentsTotal Cost of $10,000 Loan
In YearsLow – HighLow – HighLow – HighLow – High
7 Years5.00% – 9.00% 5.000% – 8.368% $145.47 – $221.93 $11,807.86 – $18,442.11
10 Years5.50% – 9.25% 5.500% – 8.668% $111.17 – $178.37 $12,922.41 – $21,040.73
15 Years6.00% – 9.75% 6.000% – 9.197% $86.08 – $150.27 $14,968.14 – $26,205.52

Variable Interest Rates

Variable interest rates effective 9/1/2023
How Much a $10,000 Private Student Loan Would Cost with Variable Interest Rates
TermInterest RatesAnnual Percentage Rate (APR)Monthly PaymentsTotal Cost of $10,000 Loan
In YearsLow – HighLow – HighLow – HighLow – High
7 Years7.36% – 10.71%7.360% – 9.795%$156.85 – $245.65$12,724.86 – $20,403.16
10 Years7.71% – 10.96%7.710% – 10.122%$122.49 – $200.95$14,220.68 – $23,677.62
15 Years7.96% – 11.11%7.960% – 10.373%$97.28 – $168.36$16,834.88 – $29,284.37

Why Choose EdvestinU?

Outline of hand and hear


Our student loans are funded by a nationally recognized nonprofit provider.

outline of new hampshire

Local Support

Our Concord-based team is here to help you with your loan every step of the way.

outline of pen

Cosigner Release

Cosigner release is available after 24 months of consecutive and on-time payments.7

Female student wearing headphones smiling at laptop

Want to talk through your loan options?

Schedule a free consultation

Strategic Partnerships

As a lender of private student loans, New Hampshire Higher Education Loan Corporation has established strategic partnerships to provide you with an optimal borrowing experience. One of those partnerships includes our loan originator Campus Door who partners with Sparrow for the online loan application process.

What People Say About Us

Tens of thousands of students have entrusted us with their student loans. Many of our borrowers have praised our friendly team and easy application process.

View all TrustSpot reviews

Apr 05, 2023

Service is top notch. Always available to answer questions and quick with approving any applications

M.A., Verified Buyer

Frequently Asked Questions

It takes 3-5 business days for the processing of required documents.

No. There are no application, origination, deferment, disbursement, or repayment fees.

Yes! You can meet with a loan counselor at our Concord, NH, location by appointment. Click here to make an appointment.

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