Welcome, Bar Harbor Bank & Trust customers!

Application & Solicitation Disclosures

• Granite Edvance Student Loan – For New Hampshire residents. Funding provided by Granite Edvance Corporation.
• Granite Edvance Student Loan – For residents of all states other than New Hampshire who are attending a New Hampshire college. Funding provided by Bank of Lake Mills.
• EdvestinU Student Loan
• Granite Edvance Parent Loan
• EdvestinU Parent Loan
• Granite Edvance Refinance Loan
• EdvestinU Refinance Loan

Granite Edvance Student Loan and EdvestinU are loan products of Granite Edvance Corporation and may be funded by Granite Edvance Corporation NMLS ID# 1527348, www.nmlsconsumeraccess.org or Bank of Lake Mills, member FDIC. Subject to credit approval and underwriting guidelines. Bank of Lake Mills does not have an ownership interest in Granite Edvance. Neither Granite Edvance nor Bank of Lake Mills is affiliated with the school you attended or are attending.

Bar Harbor Bank & Trust is not responsible for the underwriting, approval or servicing of student loans offered through Granite Edvance Corporation. Loans offered through Granite Edvance Corporation are intended to supplement, not replace, federal and institutional financial aid options.

¹ The Granite Edvance Student Loan and EdvestinU Student Loan APRs depend in part on creditworthiness. Lowest APR is only available to our most creditworthy borrowers and assumes an application with a cosigner, immediate repayment, a 7-year repayment term, and 0.25 percentage point interest rate reduction for optional automatic debit. Highest APR assumes deferred repayment, 15-year repayment term, and 0.25 percentage point interest rate reduction for optional automatic debit. For more information about automatic debit, see note 5.

² The Granite Edvance Parent Loan and EdvestinU Parent Loan APRs depend in part on creditworthiness. Lowest APR is only available to our most creditworthy borrowers and assumes an application with a cosigner, a 7-year repayment term, and 0.25 percentage point interest rate reduction for optional automatic debit. Highest APR assumes 15-year repayment term, and 0.25 percentage point interest rate reduction for optional automatic debit. For more information about automatic debit, see note 5.

³ The Granite Edvance Refinance Loan and EdvestinU Refinance Loan APRs depend in part on creditworthiness. Lowest APR is only available to our most creditworthy borrowers and assumes an application with a cosigner, a 5-year repayment term, and 0.25 percentage point interest rate reduction for optional automatic debit. Highest APR assumes a 20-year repayment term and 0.25 percentage point interest rate reduction for optional automatic debit. For more information about automatic debit, see note 5.

⁴ To be eligible for cosigner release, account is to be current, after 24 months of consecutive and on-time payments (except for states that require borrowers to have made 12 months of consecutive and on-time payments), and the remaining borrower meets the Lender’s then required credit underwriting criteria.

⁵ Borrowers with private loans that are in deferment (including Granite Edvance Student Loan and EdvestinU Student Loan borrowers who elect deferred repayment), a grace period, or forbearance are not eligible to enroll and receive the automatic debit benefit until they enter into repayment. Borrowers electing to enroll in interest-only or immediate repayment are eligible to enroll in automatic debit upon initial disbursement.