Student and Parent Loans
Our private loans make higher education more accessible, with competitive rates, helpful benefits, and more.
Are you a NH Resident or applying to a NH School?
Head over to our Granite Edvance Student Loan page.
Considering a cosigner?
If you need a private student loan but don’t have a strong credit history, you may want to consider a cosigner.
- Cosigners on student loans are very common because students usually have limited credit history and may have lower income. However, students are also welcome to apply without one.
- A cosigner with a strong credit history may actually save you money over the life of the loan. With a cosigner, you may qualify for a lower interest rate than you’d get on your own. It’s best to explore all options and make the best decision for your circumstances.
- Your cosigner needs to understand that they will be equally responsible for your student loan.
- As you make on-time payments on the loan and your credit history improves, you may be able to remove the cosigner through our cosigner release option.3
Loan Application Process
- .01
Start the loan process
Click ‘Check your loan rate’ 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 handle the rest
Your loan information will be sent to your school for certification. Once your loan is certified, it’ll be disbursed directly to your school on their preferred date(s).
Select a repayment term that works best for you
The tables below show you how much a $10,000 private student loan or parent loan would cost in different scenarios. 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 affect the monthly payments and overall cost.
Sample Student Loan Rates & Terms
Fixed interest rates effective 1/28/2025| Term | Interest Rates | Annual Percentage Rate (APR) | Monthly Payment | Total Cost of $10,000 Loan |
|---|---|---|---|---|
| In Years | Low – High | Low – High | Low – High | Low – High |
| 7 Years | 3.49% – 11.39% | 3.490% – 10.367% | $137.32 – $255.92 | $11,254.32 – $21,497.28 |
| 10 Years | 3.59% – 11.49% | 3.590% – 10.581% | $100.72 – $208.14 | $11,883.52 – $24,976.80 |
| 15 Years | 3.84% – 11.74% | 3.839% – 10.927% | $73.38 – $176.49 | $13,114.88 – $31,768.20 |
Sample Parent Loan Rates & Terms
Fixed interest rates effective 4/9/2026| Term | Interest Rates | Annual Percentage Rate (APR) | Monthly Payment | Total Cost of $10,000 Loan |
|---|---|---|---|---|
| In Years | Low – High | Low – High | Low – High | Low – High |
| 7 Years | 4.49% – 8.90% | 4.489% – 8.900% | $141.91 – $163.28 | $11,630.72 – $13,383.16 |
| 10 Years | 4.59% – 9.00% | 4.590% – 9.000% | $105.49 – $128.03 | $12,445.00 – $15,104.84 |
| 15 Years | 4.84% – 9.25% | 4.841% – 9.250% | $78.51 – $103.46 | $14,017.76 – $18,414.80 |
Why Choose EdvestinU?
Nonprofit
Our student loans are offered by a nationally recognized nonprofit provider.
Focused on You
We’re fully focused on serving the needs of hard-working college students across the U.S.
Want to talk through your loan options?
Our Customer Experience Team is available Monday–Thursday, 8 AM–8 PM EST, and Friday, 8 AM-5 PM EST
Strategic Partnerships
Granite Edvance Corporation has established strategic partnerships to provide you with an optimal borrowing experience. Granite Edvance works with the following partners to support you: Campus Door to originate your loan through the Sparrow online loan application process and Bank of Lake Mills to fund your loan products.
What People Say About Us
Tens of thousands of people have entrusted us with their student loans. Many borrowers have praised our friendly team and the easy application process.
Trusted Partner Across Generations
We have been using EdvestinU for many years and children now and always found the process to be
smooth. They keep you informed of the progress from application to disbursement. Always helpful for
calls too!
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.