Student Loans

Granite Edvance Corporation, located in Concord, New Hampshire is Ledyard Bank's exclusive nonprofit student lending partner. Offering the Granite Edvance Student Loan and the EdvestinU Refinance Loan, Granite Edvance provides Ledyard's clients with affordable and responsible student financing options.
 

Granite Edvance Student Loan Program

This loan program is intended for undergraduate and graduate students currently enrolled in school and seeking additional funding after exhausting all other financial aid resources. The student acts as the primary borrower but may require a cosigner to meet eligibility requirements.

Eligible borrowers must be a NH resident or enrolled at least half-time at a NH-based Title IV degree-granting institution. 
 

Key Features

• Fixed and variable interest rates available

• Deferred, interest-only, or immediate repayment

• Interest rate discount for enrolling in automatic debit

• No upfront fees or prepayment penalties

• Cosigner Release available

• Loan Minimum: $2,001

• Loan Maximum: Up to the Cost of Attendance minus any financial aid accepted

• Loan origination support from local student loan experts

• Quick and easy online application process – including finding your rate in under 3 minutes!

Private student loans are intended to supplement, not replace, federal and institutional financial aid options. Students are encouraged to file the Free Application for Federal Student Aid (FAFSA) and to consult their post-secondary institution’s financial aid office to discuss all available options.

EdvestinU Refinance Loan Program

This loan program provides existing student loan borrowers the option of combining multiple student loans into a new loan with the potential of reducing your interest rate(s) and/or lowering your monthly payment(s).

Eligible loans include federal and private student loans used for attendance at a Title IV degree-granting institution.

Key Features

• Fixed and variable interest rates available

• Interest rate discount for enrolling in automatic debit

• No upfront fees or prepayment penalties

• Multiple repayment terms available

• Cosigner Release available

• Loan minimum: $7,500

• Loan maximum: $200,000

• Ability to refinance Federal Parent PLUS loans

• Loan origination support from local student loan experts

• Quick and easy online application process – including finding your rate in under 3 minutes!

Refinancing a federal loan means forfeiting the benefits associated with federal loans. We encourage you to speak with your federal loan servicer and research the options before choosing to refinance a federal student loan.

For More Information

For more information or to schedule an in-office appointment to discuss the programs, please contact Granite Edvance’s friendly and knowledgeable loan counseling team. 

855-887-5430
loansupport@graniteedvance.org
3 Barrell Court
Concord, NH 03301

 
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.
 

 Loans subject to credit and property approval. Additional terms and conditions may apply. Program subject to change or discontinuation. 
Ledyard National Bank NMLS# 407525