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Granite State Management Resources has Transferred the Servicing of Student Loans As of October 21st all open loans previously serviced by Granite State Management Resources GSMR have been transferred to a new servicer. Your loans have not been sold. The lender and holder of your loans will continue to be Granite Edvance formerly named New Hampshire Higher Education Loan Corporation NHHELCO. While the lender and holder of your loans remains the same the organization servicing your loans has changed.