Concord, NH - Finding a student loan has become more complicated in recent months.
Market turmoil has altered the student loan industry in drastic ways, only further
complicating an already confusing process for students and parents looking to finance a
college education. The New Hampshire Higher Education Loan Corporation (NHHELCO)
took a major step in reducing the stress of this process for New Hampshire students and
families by partnering with SimpleTuition, Inc.
SimpleTuition.com is an independent, online resource for families to compare and
analyze student loan options. SimpleTuition remains committed to objective reporting of
student loan products by not offering loan products themselves. Students and families
can search for loan options to meet their education needs and sort them by monthly
payment, total cost of loan, number of payments, first payment due date and annual
percentage rate. Borrowers have the opportunity to do a side-by-side comparison of the
top loans based on rates and borrower benefits. Once a certain lender is chosen, users
are redirected to the lender's Web site to complete a loan application.
"This partnership will ease a stressful situation for parents and students searching for
student loan options," said Tori Berube, Vice President of Product Marketing.
"SimpleTuition gives students and families the essential information they need to make an
educated and sound financing decision."
NHHELCO will be offering federal loan options including Stafford, Graduate PLUS and
parent PLUS loans for New Hampshire residents and all students attending a New
Hampshire college. To learn more about loan options available through NHHELCO, visit
www.nhstudentloans.org or contact us at 1-800-719-0708.
The NHHEAF Network Organizations are comprised of four 501(c) (3) nonprofit organizations that
provide students and families with the resources and funding to pursue higher education
aspirations. Funds generated by the Organizations make their charitable mission possible as
student loan earnings are reinvested in programs and services that benefit citizens of New
Hampshire. For more information, visit www.nhheaf.org.
Posted 06/25/08 to www.NASFAA.org. Posting of press releases is done as a service to Members and does not imply endorsement or support by NASFAA. NASFAA does not review this information for content or accuracy.