How do I know if I need a private loan?

Secure a strong future in the Granite State

Granite Edvance Corporation has a longstanding commitment to helping New Hampshire students find their direction and fund their future.

  • Up to a 1.5% interest rate reduction for NH students1
  • Expanded approval opportunities2
  • Multiple repayment options and terms
  • Loan 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.

Not a New Hampshire resident or attending college in New Hampshire? Head over to our EdvestinU website and learn more about the financing options we offer beyond New Hampshire.

Granite Edvance Student Loan

  • Fixed Rates

    4.500% – 9.426% APR3w/ optional .25% automatic debit discount4
  • Variable Rates5

    7.370% – 10.395% APR3w/ 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 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).
Get Started
Five college students sitting outdoors at a picnic table studying.
Smiling male college student with glasses sitting outside.
Female college student standing on campus carrying books and wearing a backpack.

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 Granite Edvance’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 6/4/2024
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 Years4.50% – 9.25% 4.500% – 8.586% $141.96 – $224.37 $11,634.80 – $18,847.08
10 Years5.50% – 9.50% 5.500% – 8.888% $109.93 – $179.68 $12,968.92 – $21,561.60
15 Years6.00% – 10.00% 6.000% – 9.426% $84.71 – $151.94$15,108.96 – $27,349.20

Variable Interest Rates

Variable interest rates effective 6/1/2024
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 Years7.37% – 10.72%7.370% – 9.813%$155.67 – $244.96$12,759.08 – $20,576.64
10 Years7.72% – 10.97%7.720% – 10.137%$121.23 – $199.06$14,302.40 – $23,887.20
15 Years7.97% – 11.12%7.970% – 10.395%$95.87 – $166.95$17,073.12 – $30,051.00

Why Choose Granite Edvance?

Nonprofit Organization

Cosigner Release7

Student Focused

Local Support & Service

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

Schedule a free consultation

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.

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