Return to Federal Student Loan Repayment

Providing important updates and information.

PREPARING, PLANNING & PAYING

FOR YOUR EDUCATION JOURNEY.

RISLA NATIONAL RECOGNITION

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Refi, Simplify, & Save

Discover the potential savings you can achieve by refinancing your private student loans. 

 

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  • Zero Fees
  • Income-Based Repayment
  • Repayment Flexibility
  • Borrower Protections

WHO WE ARE

RISLA is a non-profit State agency offering students and families nationwide college planning services,  low-cost student loans, scholarships, and student refinancing options.  RISLA has been a non-profit state agency providing affordable education solutions since 1981.  We offer free college planning services and scholarships to Rhode Island residents and offer employer student loan repayment services, low-cost student loans, and student refinancing options to students and families nationwide. 

We are with you every step of the way on your education journey.

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COLLEGE PLANNING
CENTER

Free service for parents and students to plan, prepare and pay for higher education.

 

 

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EDUCATION
LOANS

We offer low cost, fixed rate education loans for students and parents nationwide.

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REFINANCE
STUDENT LOANS

Whether you are still in school or are a former student or parent with student loans, we offer low fixed-rate refinance options.

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EMPLOYER
REPAY

A tax-free benefit for employers to contribute to the repayment of employee student loans.

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WIN A $2,000 SCHOLARSHIP

Enter for your chance to win a $2,000 college scholarship!

WHAT CUSTOMERS SAY ABOUT RISLA

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Immediate Refinance Disclosure

1. THE ANNUAL PERCENTAGE RATE (APR) IMMEDIATE REPAY: Reflects the estimated total cost of the loan, including upfront fees ($0), accruing interest, and the effect of capitalized interest ($0). Interest begins accruing after each loan disbursement. Rates shown include the 0.25% interest rate reduction for using the auto-pay feature. If the monthly payment is calculated to be less than $50 per month for the full term, the lowest payment is $50 per month with the term reduced. Not all borrowers qualify for the lowest rate. The rate you will receive (ranging from 6.34% – 8.24% APR with auto-pay) is based on the term of the loan, if the loan is cosigned (which lowers your rate), if you are a Rhode Island resident (which lowers your rate), your credit score & financial history, your cosigner's credit score (if applicable), and other factors. The rate shown is for a 5-year term. The first payment will be due approximately 30 days after the loan is completely disbursed. The rates and terms disclosed above are available while funds last. New funds may be subject to different rates and/or terms.