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SimpleTuition Adds Student Loans for New Hampshire Families: Partnership with New Hampshire Non-profit Loan Corporation Expands Student Lo

NEWTON, Mass. & CONCORD, N.H. (BusinessWire EON) August 7, 2007 -- NHHELCO is one of four organizations that comprise the NHHEAF (New Hampshire Higher Education Assistance Foundation) Network Organizations. Also included are the Granite State Management & Resources and NHHEAF Network Educational Foundation. Together, they are the largest source for college funding within New Hampshire and have a more than 40-year history of helping families plan for and fund higher education.

"Our partnership with SimpleTuition enables us to provide better information for potential borrowers as they navigate the often confusing path to financing a higher education," said Tori Berube, the Organizations' vice president of product marketing and business services.

The New Hampshire Higher Education Loan Corporation's (NHHELCO) Stafford, PLUS, GradPLUS and Federal Consolidation loans can easily be researched and compared with more than 100 different loan types from 45 other lenders at SimpleTuition.com. Search results can be sorted by monthly payment, total cost of the loan, number of payments, first payment due date, with or without borrower benefits and APR. Results contain detailed information about loan processing, borrower benefits and other attributes. As NHHELCO loans are selected by the borrower, the borrower is redirected to the NHHELCO site, where the entire application process can be completed online.

"Parents and students have a difficult time navigating the student loan landscape," said Kevin Walker, CEO of SimpleTuition. "We strive to provide the most comprehensive list of loans from various lenders, including nonprofit organizations like NHHELCO, to help parents and students make the best choice for their unique financial situation."

SimpleTuition is an independent, online resource to help families compare and analyze federal and private student loans. SimpleTuition is not a lender.

About SimpleTuition, Inc.

Founded in 2005, SimpleTuition is dedicated to helping students and parents make sense of education financing options. Recently featured as one of Fast Company's Top 12 Web 2.0 sites, SimpleTuition offers the leading independent and interactive solution for researching and comparing over 100 private, PLUS, Stafford, GradPLUS and Federal Consolidation loans from more than 45 lenders. SimpleTuition is headquartered in Newton, Massachusetts and is funded by Atlas Venture, IDG Ventures Boston and North Hill Ventures. For more information, visit www.SimpleTuition.com.

About NHHEAF

The NHHEAF Network Organizations are comprised of four nonprofit corporations dedicated to helping New Hampshire students and families plan for and fund higher education. As a guarantor, lender and servicer of student loans, the Organizations are consistently recognized for providing outstanding service before, during and after the college experience. The NHHEAF Network Education Foundation administers the charitable giving programs of the Organizations. Since their inception, the Organizations have made the higher education dreams of more than 270,000 students a reality. To learn more visit www.nhheaf.org.

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