New Hampshire Postsecondary Education Commission

Now that this program is canceled (replaced by Direct loans) they no longer originate loans but they still provide financial aid administration services for their borrowers.

The NH Postsecondary Education Commission administers 8 state financial aid programs.

Five of these programs are grants or scholarships for college:

• Granite State Scholars Program
• Leveraged Incentive Grant Program
• NH Incentive Program
• Medical Education Program
• Scholarships for Orphans of Veterans

Eligibility for the first two programs will be determined by your college. The NH Incentive Program uses the FAFSA as its only application. This form will also be used to qualify you for and/or a federal Pell grant.

To make sure your federal application for financial aid is received on time, check your New Hampshire FAFSA deadline .

You can download free grant applications for the last two programs on the list.

Make sure that you find all the New Hampshire college grants and scholarships that you should apply for.

Student Loan Forgiveness Programs

1. The Veterinary Grant Program
• offers $12,000 per year paid directly to the college for students enrolled in veterinary medicine programs
• if student does not complete the program- it becomes an interest-free loan
2. Workforce Incentive Program (Forgivable Loan Component)
• for careers in Special Education, Foreign Language Education, and Nursing (LPN through Graduate)
• award amount is determined by the college (uses state and college matching funds)- average award is $838
• repayment is by service in New Hampshire or as as an interest-free loan

New Hampshire also has a program that will repay student loans:

The Workforce Incentive Program (Loan Repayment Component)

• for graduates who have completed 1 year of employment in NH in Special Education, Foreign Language Education, and Nursing (LPN through Graduate)
• award amount is: up to $1,500 (Yrs 1 & 2); $2,000 (Yrs 3 & 4); $3,000 (Yr 5) - Total up to $10,000
• award amount must be matched by employer

This program is for paying college loans of any kind- federal student loans, private student loans, and even educational loans for a different field.

If you are thinking about private loans for additional funding, remember to also check credit union lenders that offer college loans.


Here's some useful pages about college funding for you to see:

FAFSA

College PLUS loans

Cheap college textbooks