EDvestinU Reviews: Student Loan Refinancing and Private Student Loans
EDvestinU offers refinancing and private student loans issued and serviced by the nonprofit New Hampshire Higher Education Loan Corp.
Student loan ratings

Student loan refinancing
Private student loan
The bottom line: EDvestinU is a student loan program from the nonprofit New Hampshire Higher Education Loan Corp. Despite its regional affiliation, EDvestinU offers refinancing and private student loans nationwide. Its refinancing loan is best for students who didn't graduate, and EDvestinU's private loans are best for New Hampshire residents.
Student loan refinancing review

EDvestinU Student Loan Refinance
5.0
NerdWallet ratingFixed APR
3.91 - 6.28%
Variable APR
1.86 - 4.23%
Min. Credit Score
700
Pros
- You can refinance without a degree.
- You can see if you’ll qualify and what rate you’ll get without a hard credit check.
Cons
- You cannot refinance parent PLUS loans in your name.
- Maximum loan amount is lower than most lenders offer.
Best for students who don’t have a degree.
Full Review
You don’t need a degree to refinance student loans with EDvestinU, making the lender a good option for borrowers who didn’t finish school. You must have a minimum income of $30,000 and a credit score in the low 700s to qualify. If you don’t meet those criteria, you’ll need a co-signer who does.
You can refinance up to $200,000 of eligible loans with EDvestinU, which is less than most lenders offer. If you owe more than that — for example, from a medical or professional degree program — you may want to consider other lenders. EDvestinU also does not let students take over parent PLUS loans borrowed on their behalf.
edvestinu STUDENT LOAN REFINANCING AT A GLANCE
You can refinance without a degree.
Refinancing is available nationwide.
Loan maximum is $200,000.
HOW edvestinu COULD IMPROVE
Like other five-star lenders, EDvestinU isn't perfect. It could improve by:
Letting students refinance their parents' PLUS loans.
Increasing the maximum loan amount.
Discharging loans for borrowers who become totally and permanently disabled.
How much can refinancing save?
EDvestinU student loan refinancing details
Before refinancing with EDvestinU
Before deciding on a student loan refinance lender, compare student loan refinance options to make sure you’re getting the best rate you qualify for. In addition to interest rates, compare lenders’ repayment options and the flexibility they offer for borrowers who are struggling to make payments.
If you aren’t eligible to refinance with EDvestinU
If EDvestinU denies your refinance application, the lender will let you know why. Depending on the reason, you may want to consider other lenders or need a co-signer.
NerdWallet recommends prequalifying with multiple refinance lenders before you apply. This will let you know which lenders you may be eligible with, without affecting your credit.
How does this loan compare?
Check Rate | Check Rate |
Fixed APR2.97 - 9.15% | Fixed APR2.99 - 5.15% |
Variable APR2.24 - 8.90% | Variable APR2.16 - 4.46% |
Min. Credit ScoreDoes not disclose | Min. Credit Score670 |
Private student loan review

EDvestinU Private Student Loan
4.5
NerdWallet ratingFixed APR
3.91 - 6.28%
Variable APR
1.86 - 4.23%
Min. Credit Score
675
Pros
- In-person support and counseling are available.
- Deferment/forbearance of 24 months is longer than many lenders.
Cons
- You can’t see if you’ll qualify and what rate you’ll get without a hard credit check.
Best for students from New Hampshire.
Full Review
EDvestinU offers undergraduate and graduate student loans to U.S. citizens and permanent residents, as well as international students with an eligible co-signer. Loans are available nationwide, but students in New Hampshire — home of the lender’s parent company, the nonprofit New Hampshire Higher Education Loan Corp. — may benefit most from EDvestinU’s in-person support and community work.
EDvestinU encourages visits to its office for one-on-one assistance from a student loan counselor. The lender also invests proceeds from its loan programs into scholarship and college access initiatives in New Hampshire, further helping the local community.
EDvestinu private student loans at a glance
Loans are available nationwide.
No soft credit check to see what rate you'll qualify for.
Economic hardship deferment and discretionary forbearance are both available.
How edvestinu could improve
EDvestinU could improve by:
Letting borrowers find out their rates without impacting their credit.
Discharging loans if the borrower becomes totally and permanently disabled.
EDvestinU private student loan details
Before applying for an EDvestinU student loan
Before taking out an EDvestinU student loan or any other private student loan, exhaust your federal student loan options first. Submit the Free Application for Federal Student Aid, known as the FAFSA, to apply.
» MORE: NerdWallet’s FAFSA Guide
Compare your private student loan options to make sure you’re getting the best rate you qualify for. In addition to interest rates, look at lenders’ repayment alternatives and the flexibility they offer to borrowers who struggle to make payments.
If you aren’t eligible for an EDvestinU student loan
If EDvestinU denies your student loan application, the lender will let you know why. Depending on the reason, you may want to consider other lenders or, if you haven’t already, try applying with a co-signer.
If you don’t have access to a co-signer — or still aren’t eligible with one — consider lenders that don’t require co-signers or specialize in bad or no credit student loans.
Student loans ratings methodology
NerdWallet believes the best student loan is one you can repay at the lowest interest rate you can get. That’s why NerdWallet’s student loan ratings reward lenders that offer a variety of loan terms, limit their fees and penalties, and extend borrowers multiple options to avoid default. Points are also awarded for soft credit checks, underwriting transparency and other consumer-friendly features. Use these ratings as a guide, but we encourage you to shop around for the lowest interest rate you can qualify for. NerdWallet does not receive compensation for its reviews. Read our editorial guidelines.
Find the Right Student Loan
Frequently asked questions
EDvestinU is a student loan program offered by the nonprofit New Hampshire Higher Education Loan Foundation. NHHEAF has close to 60 years' experience in higher education.
NerdWallet rates EDvestinU as a 5-star lender for student loan refinancing and a 4.5-star lender for private student loan product based on more than 50 data points.
EDvestinU offers undergraduate and graduate student loans nationwide. International students can qualify with an eligible co-signer. EDvestinU also refinances existing student loans.