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Student Loan Rates

Starting at 4.05% APR1,2
Let us help you reduce the stress when borrowing for college.
  • Fast & Easy Application
  • Covers Up to 100% of Costs3
  • No Fees
  • Highly Rated Service


RISLA is nationally recognized by NerdWallett as the 2024 Best of Awards for Best State Private Student Loans. RISLA provides fixed, low interest rates nationwide for graduates, students, and parents.

©2017-2024 and TM, NerdWallet, Inc. All Rights Reserved.


Preparing, Planning, and Paying for Your Education Journey


Who we are.


Student Loans


Parent Loans


Certificate Student Loans


Refinance Student Loans

Helping Students Nationwide.

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. 

Undergraduate Student Loans

  • Our undergraduate loans can cover up to the full cost of attendance, up to 100%.
  • Flexible repayment options that are suitable for your monthly budget.
  • You can apply and receive an instant credit decision in just a few minutes.
Parent Loans

  • This is another option available besides the Federal PLUS loan.
  • There are no origination fees, which means you can save from the very beginning.
  • Your student is not obligated for repayment on this loan.
  • The repayment of this loan will commence 30 days after the disbursement of funds.
Certificate Student Loans

  • Our certificate loans can cover up to the full cost of attendance, up to 100%.
  • Flexible repayment options that are suitable for your monthly budget.
  • You can apply and receive an instant credit decision in just a few minutes.
Refinance Student Loans

  • Our student loan refinancing options are designed to reduce your monthly payments and ease the burden of student loan debt.
  • With fixed interest rates, no application or origination fees, and lower interest rates when you sign up for auto-pay, our refinancing options are tailored to meet your needs.
  • Don't let student loan debt stress you out any longer. Choose RISLA and start saving today!

RISLA College Calculator

Meeting the difference after financial aid.

It's important to keep in mind that most schools may not be able to fully meet your financial need, which means you might have to find alternate ways to cover the difference between the financial aid you receive from the school and the actual cost of attending. Use our college calculator to help find how much you will need to cover the cost of college.


Cosigner For Student Loans

Better Your Chance with a Cosigner.

Applying for a loan with a co-signer is a great option. The lender will consider both your and their credit and financial history. You may need a cosigner to qualify for a loan, depending on your financial history. With a cosigner, you can increase your chances of approval and get better loan terms. 


Enter to Win!

Knowledge For College Scholarship

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!

    We are with you for the journey.

    College Planning

    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.

    Scholarship Hub

    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!

    Student Loans

    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. 

    We are here for you.
    Let's get started.

    What customers are saying about RISLA



    Fixed-Rate Student Loan 

    1. 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 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. LOAN LIMITS: Maximum loan limits may apply.