New Hampshire Student Loan
Do you live or attend school in New Hampshire? Take advantage of this private student loan program’s special benefits.
Not a NH Resident or attending a NH college?
Head over to our general Student Loan Program page.
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.
Loan Application Process
- .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 - .02
Complete the application
Review the loan details and complete the secure online application. (This may affect your credit score.)6 - .03
Upload documentation
Upload required loan documentation to your account. - .04
Customize and sign
Review your rates, configure your loan terms, and sign loan documentation. - .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).
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| Term | Interest Rates | Annual Percentage Rate (APR) | Monthly Payments | Total Cost of $10,000 Loan |
|---|---|---|---|---|
| In Years | Low – High | Low – High | Low – High | Low – High |
| 7 Years | 5.00% – 9.00% | 5.000% – 8.368% | $145.47 – $221.93 | $11,807.86 – $18,442.11 |
| 10 Years | 5.50% – 9.25% | 5.500% – 8.668% | $111.17 – $178.37 | $12,922.41 – $21,040.73 |
| 15 Years | 6.00% – 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| Term | Interest Rates | Annual Percentage Rate (APR) | Monthly Payments | Total Cost of $10,000 Loan |
|---|---|---|---|---|
| In Years | Low – High | Low – High | Low – High | Low – High |
| 7 Years | 7.36% – 10.71% | 7.360% – 9.795% | $156.85 – $245.65 | $12,724.86 – $20,403.16 |
| 10 Years | 7.71% – 10.96% | 7.710% – 10.122% | $122.49 – $200.95 | $14,220.68 – $23,677.62 |
| 15 Years | 7.96% – 11.11% | 7.960% – 10.373% | $97.28 – $168.36 | $16,834.88 – $29,284.37 |
Why Choose EdvestinU?
Nonprofit
Our student loans are funded by a nationally recognized nonprofit provider.
Local Support
Our Concord-based team is here to help you with your loan every step of the way.
Want to talk through your loan options?
Schedule a free consultationStrategic 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.
Apr 05, 2023
Service is top notch. Always available to answer questions and quick with approving any applications
needed.
Reviews may have been written in exchange for an entry into a promotion. Content of the review did not increase or decrease a person’s chance of winning.