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Find the Right Loan for Where You Are

Whether you're in school or paying back loans, we’ve got options designed for you.

Compare our undergraduate student loans and refinancing options side by side to see what fits your goals.

Rates Starting at

2.99%APR1,2

Student Loans

For undergraduates, graduates, and parents.

  • Low fixed interest rates

  • Flexible repayment options 

  • No annual limits

Apply for a Student Loan

Rates Starting at

3.99%APR2,3

Refinancing

Simplifying and saving on your student loans.

  • Combine your loans

  • Secure a lower rate 

  • Save money long-term

Check Your Refinance Rate
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Low Interest Rates

As a non-profit state authority, RISLA consistently offers some of the lowest rates nationwide.

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Rate Discounts

Discounts are offered when eligible for RI Advantage and when selecting auto-pay.

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No Fees

No application fees, origination fees, or late fees.

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Borrower Protections

Our borrower protections go above and beyond what most private lenders offer, including Income-Based Repayment.

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Stress Free & Easy Application

Complete your application and get your rate in minutes. Provide a few details to finalize your application.

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Is RI Advantage an option for you?

Nationwide Students

Not from Rhode Island? You can still benefit. If the proceeds of your loan, or the loan you are refinancing, were used to pay eligible expenses at eligible Rhode Island colleges and universities, you qualify for RI Advantage.

Rhode Island Students

If you are a Rhode Island resident attending school anywhere in the country, you qualify for RI Advantage if the proceeds of your loan, or loans you are refinancing, were used to pay qualified education expenses.

Apply in Minutes. Move Forward with Confidence.

Getting started is easier than you think.
Our streamlined application process takes just minutes, with clear steps and support along the way. 

Step 1

Start Your Application

Enter basic info and choose your loan type 

Step 2

Review Your Options

See your rates and select what works best 

Step 3

Sign & Submit

Complete your application, and you’re on your way 

Built to Support You—Now and Later

Because borrowing for education should come with peace of mind.

RISLA is committed to responsible lending and long-term support, offering protections that help you stay on track no matter what life brings. 

RISLA BORROWER BENEFITS & PROTECTIONS
Income-Based Repayment
Payment Forbearance
Reward Programs
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For Students, Not Profit

Helping students and families make confident financial decisions

RISLA firmly believes that the future relies on the success of today’s and tomorrow’s students. That’s why we’re committed to supporting you throughout your entire college journey—from planning and applying, to borrowing and repayment.

As a non-profit education loan lender, RISLA goes beyond lending. We provide guidance through the college planning process, help families understand financial aid, and offer tools to make informed, responsible borrowing decisions.

We offer loan programs with low fixed interest rates to students and families in all 50 states and Washington, D.C.—because access to education should come with support you can trust.

RISLA The Choice For Savings

 

Comparisons based on information obtained on lenders' websites as of February 17, 2026.

Fixed Interest Rates

Rates

Fixed Interest Rates

RISLA

2.99% APR - 8.77% APR

Sallie

2.89% APR - 17.49% APR

College Ave

2.74% APR - 17.99% APR

Citizens

3.24% APR - 13.38% APR

What customers are saying about RISLA

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Application Disclosures

Undergrad Disclosure | Parent Disclosure | Refinance Disclosure

1. STUDENT LOAN ANNUAL PERCENTAGE RATE (APR) - IMMEDIATE REPAY is 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 is made. The rate shown is for a 5-year loan, which includes a 0.25% interest rate reduction for using the auto-pay feature and the 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 APR is 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. The rate shown includes 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. The rate you will receive (ranging from 3.99% – 8.04% APR with auto-pay) is based on the term of the loan, if the loan is cosigned (which lowers your rate), if you qualify for RI Advantage (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 with a cosigner and qualifies for RI Advantage. 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.