Rhode Island Student Loan Authority (RISLA) is a non-profit quasi-state authority that has been providing lower-cost higher education financing solutions since 1981 and free college planning services since 1998. Also provided by RISLA is RIScholarships.org, a free online scholarship search tool to help match students with local scholarships. Additionally, RISLA also offers the Knowledge for College Scholarship, which awards 50 students $2,000 each to help pay for college expenses. For students trying to reduce their interest rates on existing student loans, RISLA also offers low-cost student loan refinancing options. RISLA is with you every step of your college journey, walking you through the college planning process, educating families on obtaining financial aid, and providing tools and resources that help families make informed and responsible borrowing choices to help pay for education.
From my experience, the company earned my trust with their honesty and disclosure of the interest to be charged on the loan. Once the company received the required documents, I received the approval documentation within an hour.
Very very smooth!!
Easy process. Quick loan approval
Everyone I spoke with were helpful and informative. They explained the process and were very knowledgeable. I had never taken out a school loan before, I trusted their advice and felt well taken care of.
Always available to take my phone calls, assisted me through the entire process thoroughly and answered all my questions honestly.
whoever works with us to get through our troubles was great!!! She should get a raise
We've been using RISLA for years and always happy with the convenience of the process, rates and ease at which the process goes.
RISLA was great to work with, when I’d call to touch base they were very helpful and nice. I did have to upload A LOT of paperwork before they got what they wanted. Usually your lender just sends a payoff amount and that’s good enough, but RISLA needed each loan with names, school, loan #, amount owed, interest rate, etc. I had issues because sallie mae didn’t have loan numbers on the final disclosures because those are done during the application process. Then I couldn’t upload the info when I found it on laptop, because it had to be a picture or pdf file. I did take pictures of info and that did work, because loan finally went through. Was told it’s best to do on a laptop/pc and not on your phone. It all worked out and went through. Much better interest rate, and if you do auto debit even lower. Very happy with RISLA would recommend to anyone trying to refi loans.
Quick efficient process. Decent fixed APR given the increase in interest rates.
Very efficient! The website is very user friendly. We are greatly satisfied with their service.
The user interface was easy to use.
Amazing company to work with!
RISLA is great but I feel having an 819 FICO should qualify me for the best rate, but it wasn't. Seems the advertised rate is for only the 1%.
Excellent info from the RISLA rep, easy application process.
Easy online application experience. Ease to access and understand processing status and follow ups
My experience with Risla has been nothing but great.
Easy loan application. Easy to reach someone with questions if needed.
Easy to contact to have questions answered! Always helpful and pleasant to speak with. Made the process easy!
Rates not as competitive and not great rate w good credit scores.
Emily M
Sep 08,2023Very easy to get through the process