RISLA - The Rhode Island Student Loan Authority





Pharmacy Reward Program     

WHAT IS THE PHARMACY REWARD PROGRAM?

Qualified Stafford Loan borrowers can receive an interest free loan during the first 48 months of repayment. That means that all payments made on the loan will be applied to principal, no interest is due during the first 48 months of repayment. The goal in this program is simple... to encourage students to study pharmacy and keep prospective pharmacists in Rhode Island where they can make a difference in the lives of many Rhode Islanders.

HOW DO I QUALIFY FOR THE PHARMACY REWARD PROGRAM?

  • You have a Stafford loan with the Rhode Island Student Loan Authority or one of our participating lenders.
  • Your loans were issued after July 1, 2000.
  • You are a licensed pharmacist in Rhode Island.
  • You are employed full time by a licensed pharmacy in Rhode Island.
  • Consolidation loans are not eligible for this program.

HOW DO I APPLY FOR THE PHARMACY REWARD PROGRAM?

If you are starting college or still in school, contact us at 800-758-7562 for a Stafford Loan application. If you want to start the loan application process right now, press here . If you want us to mail you an application, press here. If you have graduated and are working, contact our College Planning Center of Rhode Island at 401-736-3170 and ask for certification instructions for the Pharmacy Reward Program. You can also request a certification from the College Planning Center by sending an email to ddeblois@cpcri.org.

WHO ARE RISLA’S PARTICIPATING LENDERS?

Participating Lenders
Rhode Island Student Loan Authority
Anchor Federal
Bank of Newport
Bank RI
Bayside Federal CU
Centreville Savings Bank
Coastway Credit Union
Columbus Credit Union
Cottrell Credit Union
Coventry Credit Union
Credit Union Central Falls
Greenwood Credit Union
Newport Federal Savings Bank
Peoples Credit Union
Postal Employees Credit Union
RI Credit Union
Sovereign Bank
Teachers and Community CU
Washington Trust
Wave Federal Credit Union
Westerly Community Credit Union
Lender Code
828577
833241
823641
833365
832229
727998
829914
832979
832738
832048
832094
817859
823089
832135
832056
832082
828707
833748
810243
822407
830179
Teacher Reward Program
Nursing Reward Program

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560 Jefferson Blvd., Suite 200, Warwick, RI 02886
1-800-758-7562 | TDD: 401-468-1750 | contact
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