PREPARING

PLANNING

& PAYING

 For Your Education Journey 

COMING SOON

New Student Loan Rates For 2022/23

 

SUBSCRIBE TODAY!

to get your rate notification

SIGN-UP

PREPARING, PLANNING & PAYING

FOR YOUR EDUCATION JOURNEY.

WIN A $2,000 SCHOLARSHIP

RISLA OFFERS STUDENTS A CHANCE TO WIN MONTHLY!
ENTER TO WIN!
SEARCH SCHOLARSHIPS
Summer Loans-1
2023
SUMMER LOANS

Start your application for your summer education loan today.

LEARN MORE
CONSIDERING  STUDENT  LOANS?
SEE HOW RISLA CAN HELP.
LEARN MORE
NOW AVAILABLE
New Student Loan Rates for 2022-2023
CHECK OUT OUR NEW RATES!

IMPORTANT INFORMATION FOR FEDERAL STUDENT LOANS

As a State-based, non-profit private lender, RISLA loans are not eligible for the recently announced federal student loan forgiveness or updated COVID-19 loan payment pause program.  To learn more about the Biden Administration's federal student loan forgiveness or COVID-19 student loan payment pause program please click on the links below.

Department of Education also cautions borrowers to be aware of scams. Learn More.

10-YEAR

For Students

IMMEDIATE REPAYMENT

4.99%1

WITH RI ADVANTAGE2 & AUTO-PAY

4.99% APR3

LEARN MORE
15-YEAR

For Students

DEFERRED REPAYMENT

6.74%

WITH RI ADVANTAGE & AUTO-PAY

6.49% APR

LEARN MORE
10-YEAR

For Parents

IMMEDIATE REPAYMENT

6.34%

WITH AUTO-PAY

6.34% APR

 

 

LEARN MORE
2022 SUMMER LOANS
2022 SUMMER LOANS

Thinking of taking a summer class?

Learn more about summer loans!

LEARN MORE
Thinking of taking a summer class?

Learn more about summer loans!

LEARN MORE
Ready to Start your Application?

Get start your application today!

APPLY NOW

FEDERAL UPDATE

IMPORTANT INFORMATION FOR FEDERAL STUDENT LOANS

As a State-based, non-profit private lender, RISLA loans are not eligible for the recently announced federal student loan forgiveness or updated COVID-19 loan payment pause program.  To learn more about the Biden Administration's federal student loan forgiveness or COVID-19 student loan payment pause program please click on the links below.

STUDENT DEBT RELIEF PLAN
ONE-TIME DEBT RELIEF
PAUSE PAYMENT EXTENDED
INCOME DRIVEN ACCOUNT ADJUSTMENT
PROTECT YOURSELF FROM SCAMS
UPDATES TO FEDERAL STUDENT LOAN FORGIVENESS

WHO WE ARE

RISLA been providing students and families with assistance to responsibly obtain financing to help make post-secondary education more accessible and affordable for over 40 years.  RISLA is a non-profit agency offering, college planning services,  low cost student loans, scholarships, and student refinancing options to students and families nationwide.

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

RISLA-SocialMedia-Avatar_WHITE_CIRLCE
COLLEGE PLANNING
CENTER

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

 

 

RISLA-SocialMedia-Avatar_WHITE_CIRLCE
EDUCATION
LOANS

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

RISLA-SocialMedia-Avatar_WHITE_CIRLCE
REFINANCE
STUDENT LOANS

If you are in-school, a former student, or a parent, we offer low fixed rate refinance options.

RISLA-SocialMedia-Avatar_WHITE_CIRLCE
EMPLOYER
REPAY

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

FEDERAL UPDATE

IMPORTANT INFORMATION FOR FEDERAL STUDENT LOANS

As a State-based, non-profit private lender, RISLA loans are not eligible for the recently announced federal student loan forgiveness or updated COVID-19 loan payment pause program.  To learn more about the Biden Administration's federal student loan forgiveness or COVID-19 student loan payment pause program please click on the links below.

STUDENT DEBT RELIEF PLAN
STUDENT DEBT
RELIEF PLAN
ONE-TIME DEBT RELIEF
ONE-TIME
STUDENT LOAN RELIEF
PAUSE PAYMENT EXTENDED
PAUSE PAYMENT
EXTENDED
IDR ACCOUNT ADJUSTMENT
INCOME DRIVEN REPAYMENT
ACCOUNT ADJUSTMENT
DEPT. OF EDUCATION SCAM PROTECTION
DEPT. OF EDUCATION
SCAM PROTECTION
DEPT. OF EDUCATION FEDERAL STUDENT AID
LEARN MORE ABOUT
FEDERAL STUDENT AID
RISLA PELL GRANT EVENT

PELL GRANT

CELEBRATES 50TH ANNIVERSARY!

RISLA was proud to have co-led this event to recognize and celebrate the direct benefits Pell Grants offer students who need financial assistance to pursue higher education.  A great highlight included the following statistic shared by Senator Reed’s office.

“Last year, 23,752 Rhode Island students received more than $96.9 million in Pell Grants, and nationwide over 6.35 million American students utilized $26.45 billion in Pell Grant funding to help pay for college.”

LEARN MORE

RISLA_LOGO_500X2135_RGB

SCHOLARSHIP OPPORTUNITIES

RISLA has two great opportunities for students seeking scholarships to help pay for college.

  • Our Knowledge For College Scholarship awards 4 - $2,000 college scholarships each month.  Visit our Knowledge for College Scholarship page to learn more and enter today!
  • RIScholarships.org is a free scholarship online tool to search through hundreds of hard-to-find local scholarships. Visit RIScholarships.org today to see if there is a good scholarship match for you.
START SEARCHING

NATIONAL RECOGNITION

Forbes Advisor ranked RISLA as having one of the best education loan programs in the country. Recognizing that for decades RISLA’s fixed rate education loan programs are among the most affordable of any in the nation.

WHAT CUSTOMERS SAY ABOUT RISLA

TRUSTPILOT_LOGO

Trustpilot
Application Disclosures | Fixed Rate Student Loan  |  Parent Loan
TERMS & CONDITIONS

1. INTEREST RATES: Rates are for loans first disbursed on or after July 1, 2022, for the 2022/23 academic year and include 0.25% reduction for making automatic monthly payments (auto-pay feature). Each repayment option is subject to funds availability. Funds will be awarded on a first-come, first-served basis. The rates and terms disclosed above are available while funds last. New funds may be subject to different rates and/or terms. 

2. RHODE ISLAND ADVANTAGE applies to any Rhode Island Students attending school in any state or Non-Rhode Island Students attending a school in Rhode Island who select an Immediate or Deferred Repayment loan.

3. APR: 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. If a monthly payment is calculated to be less than $50 per month for full term, the lowest payment is $50 per month with term reduced.

2021 Award from Forbes Advisor, ©2021 Forbes Marketplace Operations, Inc.

 

2022 recognition from Forbes Advisor, ©2022 Forbes Media LLC.