Google+

RISLA offers a student loan refinancing program to help make repaying your education loans easier. Even if you don't live in Rhode Island or didn't go to school in Rhode Island, you can apply for this low fixed rate opportunity. 

   Apply Now

Benefits of the RISLA Refinance Loan

  • Reduce your interest rate, monthly payment amount, or both
  • Save hundreds or even thousands of dollars in interest charges
  • Combine your education loans into one easy-to-manage loan
  • Receive a 0.25% interest rate reduction for making monthly payments by auto-debit
  • No prepayment penalties
  • Instant credit decision 
  • Refinance between $7,500 and $150,000

  Rates & Fees  

 Repayment Option

Interest Rate/APR (1) 

Origination Fees

Loan Term (months)

Total Interest Charges per $10k Borrowed

Estimated Monthly Payment

With Co-signer   
5-year
4.49%
(4.24% with auto-pay)
None 60 months $1,184 $187
10-year
5.39%
(5.14% with auto-pay)
None 120 months $2,958  $108
15-year
5.99%
(5.74% with auto-pay)
None 180 months $5,180  $85
 No Co-signer
5-year
5.74%
(5.49% with auto-pay)
None 60 months $1,528  $193
10-year
6.64%
(6.39% with auto-pay)
None 120 months $3,712  $115
15-year
7.24%
(6.99% with auto-pay)
None 180 months $6,422  $92

 

 Apply Now  

Application Login Calculate Your Savings

 

Featured in:

 

  1. Rates are subject to change at any time. The Annual Percentage Rate (APR) reflects the accruing interest, the effect of capitalized interest, the origination fee, and making equal payments over the term of the loan. Minimum monthly payment is $50.00.  Loan enters repayment 30 days after the final disbursement.