NHHEAF Network Building

The NHHEAF Network

The New Hampshire Higher Education Assistance Foundation (NHHEAF) Network has nearly 60 years of experience in helping New Hampshire families plan and pay for higher education. The NHHEAF Network aspires to be recognized as a capable, trusted, and innovative leader in educational loan services that enhance the promotion, advancement, and support of higher education for our state and our region. As such, we provide K – 12 and postsecondary students and schools with expertise in every aspect of the student loan industry.

In April 2020, The NHHEAF Network was formed as two of our entities – the New Hampshire Higher Education Loan Corporation (NHHELCO) and Granite State Management & Resources (GSM&R) - merged together, resulting in one combined nonprofit organization. Our loan servicing operations continue to do business as GSM&R nationwide. Our guaranty agency, the New Hampshire Higher Education Assistance Foundation (NHHEAF), is a wholly-owned subsidiary of The NHHEAF Network. This reorganization allows us to be more efficient and provides significant benefits operationally, financially, and strategically.

As a 501(c)(3) nonprofit agency, our earnings are reinvested in the greater New Hampshire community. Reinvestment is achieved through free college planning services, default prevention expertise, cost-saving borrower benefits, and charitable giving.

Two newly-formed boards of directors guide the important work of The NHHEAF Network. These new members bring a wealth of experience in higher education, financial services, financial audit, regulatory compliance, public affairs, non-profit management, and legal services.

Our Network

Default Prevention Leader

As a student loan guaranty agency, New Hampshire Higher Education Assistance Foundation (NHHEAF) works diligently to support borrowers in the successful repayment of federal student loans. NHHEAF is responsible for default prevention, default collections, and repayment support services. NHHEAF provides borrower support during the EDvestinU loan application process.

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NHHELCO

EDvestinU® is the private student loan program of the nonprofit New Hampshire Higher Education Loan Corporation (NHHELCO). EDvestinU’s mission is to provide affordable college funding options to students nationwide. As a nonprofit lender, proceeds are reinvested in borrower benefits which reduce the cost of borrowing, scholarship programs which reduce the need to borrow, and educational outreach which increases aspirations for higher education.

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Nationally Recognized Loan Servicing

Granite State Management & Resources (GSM&R) is a nonprofit student loan servicer. Nationally recognized loan servicing expertise is a source of pride. As a sister agency of NHHELCO, GSM&R provides borrower support once EDvestinU loans are fully disbursed.

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Focused Nonprofit Mission

The Center for College Planning is dedicated to providing students and families with valuable information about the college planning process - from savings options and college admissions requirements, to applying for financial aid and scholarships. CCP promotes higher education as the means to achieving personal, career and life goals in 100% of the public high schools in New Hampshire. CCP provides FAFSA assistance and education- related content for EDvestinU borrowers.

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NHHEAF Network Cares

NHHEAF Network Cares Logo

NHHEAF Network Cares, an employee initiative through which food and monetary donations would be voluntarily collected in exchange for the opportunity to dress in casual attire, was created in 2014.

In addition to supporting “Casual Days for Charity”, we also began offering one “Volunteer Day” per calendar year to each employee. Staff members are encouraged to perform community service throughout the state of New Hampshire and may use their “Volunteer Day” to support an organization of their choice. This allows our employees to expand their involvement with a favorite nonprofit, or to perhaps volunteer with an organization for the first time.

We are proud of the difference our employees make in their communities, whether through this initiative or their own individual efforts.