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Student Loans & Refinancing

Granite Edvance Corporation, located in Concord, New Hampshire is the exclusive nonprofit student lending partner of St. Mary’s Bank. Offering the Granite Edvance Student Loan and the EdvestinU Refinance Loan, Granite Edvance provides St. Mary’s Bank customers access to responsible student financing options. Granite Edvance offers borrowers competitive interest rates, discount programs, multiple repayment options, and college and career planning with a mission to support New Hampshire students and families in navigating their education and career pathways.

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 a resident of an eligible state enrolled at least half-time at a NH-based Title IV degree-granting institution.

Features:
  • Fixed and variable interest rates available
  • Deferred, interest-only, or immediate repayment
  • Interest rate discounts based on type of repayment and enrolling in automatic debit
  • No upfront fees or prepayment penalties
  • Cosigner Release available
  • Loan Minimum: $1,000
  • 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!
 
Loans offered through Granite Edvance are private student loans and 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. Applicants must be a resident of an eligible state.

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 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.com
3 Barrell Court
Concord, NH 03301
 
Granite Edvance and EdvestinU student loan products are offered and originated by Granite Edvance Corporation. NMLS ID# 1527348