Granite Edvance Student Loan Program Now Available to SBW Customers

Partnering to support student loan programs for students & families in NH and the Monadnock Region.

Granite Edvance Corporation, located in Concord, New Hampshire is the nonprofit student lending partner of the Savings Bank of Walpole. In partnering with Granite Edvance, Savings Bank of Walpole is able to connect customers to responsible student loan products designed to meet their unique needs. In addition to the student loan products featured below, Granite Edvance provides college and career planning resources to New Hampshire students and families.

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. State residency restrictions apply.

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: $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 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.

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. 

Granite Edvance and EdvestinU student loan products are offered and originated 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.