



New Hampshire Higher Education Loan Corporation (NHHELCO) was designated by the State of New Hampshire in June of 1993 to be a lender and holder exclusively for student loans. NHHELCO grew out of recognition that demand for student loans and a declining number of active lenders created a need for a loan corporation dedicated exclusively to funding education loans. All FFELP loans originated by NHHELCO are guaranteed by NHHEAF and serviced by GSM&R. NHHELCO is both a lender and secondary market for education loans and has consistently demonstrated its commitment to life-of-loan servicing. For fiscal year 2008, NHHELCO funded FFELP loans for 23,000 borrowers, totaling $180 million; representing students at 508 two and four-year public and private institutions, proprietary institutions and other postsecondary institutions.