For those impacted by Hurricane Helene and/or Milton, RISLA offers a natural disaster deferment to assist during this time of hardship. Please contact RISLA for more information and to request a deferment.
Requesting a rate will not impact your credit score.
©2017-2024 and TM, NerdWallet, Inc. All Rights Reserved.
Requesting a rate will not impact your credit score.
©2017-2024 and TM, NerdWallet, Inc. All Rights Reserved.
Who we are.
Student Loans
Parent Loans
Certificate Student Loans
Refinance Student Loans
RISLA's non-profit education loan programs provide low fixed interest rates for students to borrow responsibly in all 50 states and Washington, DC. Investing in your education is a crucial step in securing a bright future. At RISLA, we understand the importance of responsible borrowing and are here to help make your dreams a reality.
Did you know college scholarships are free money to help pay for college expenses? Well, it's true! And the RISLA Scholarship Hub is here to help students and parents find extra funds to help pay for college.
💸 The best kind of funds . . . the kind you don't have to pay back!
Check out Knowledge for College Scholarship! We award $2,000 each to four deserving students every month. Whether you need help covering tuition, books, or living expenses, our scholarship can help ease the burden.
🤩 Take your chance to win - enter every month for your prize!
Discover an abundance of local scholarships waiting for you. The search is fast and simple, making it effortless to find your perfect match!
A free service aimed at helping students achieve their goal of attending college and paying for it. The CPC assists thousands of students and families each year in planning for higher education.
Check out how to prepare for college—access free tools and resources. Find local scholarships for college, and parents and students can enter to win $2,000 in college scholarships!
Our student loans offer flexible repayment options, competitive interest rates, and a simple application process, making them an ideal choice for parents and students.
With our refinancing options, you can enjoy the benefits of low fixed interest rates, no fees, and an auto-pay discount. Take advantage of this opportunity to save money and simplify your finances.
1. STUDENT LOAN ANNUAL PERCENTAGE RATE (APR) - IMMEDIATE REPAY: The Annual Percentage Rate (APR) reflects the estimated total cost of the loan, including origination fees ($0), accruing interest, and the effect of capitalized interest. Interest begins accruing after each loan disbursement. The rate shown includes the 0.25% interest rate reduction for using the auto-pay feature and RI Advantage Discount.
2. RI ADVANTAGE DISCOUNT: applies to any Rhode Island resident students attending school in any state or non-Rhode Island resident students attending a school in Rhode Island.
3. REFINANCE LOAN: 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% – 8.29% 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.