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.
Very quick, easy, and pretty simple. Great experience
My cosigner has a near perfect credit score, is a disabled veteran and is doing well financially. With all of that, I was still given a high percentage offer. This is a money grabbing organization do not work with them.
Amazing customer service. Underwriting came back a few times for additional documents which delayed the process a tad bit. Would have been nice to have them request everything at once. Overall, this was an excellent experience and would highly recommend RISLA to anyone looking to refinance student loans.
The process was simple and straight forward. One of the few loan agencies that will let you re-finance while still in school - we had variable rate loans that have been going thru the roof - currently at 10%.
Great interest rate for student loan refinancing
It was a great experience from start to finish, the representative was very open to our questions, and fully understood the uneasiness and difficulty of choosing to major the study in future college.
Very easy and satisfying service.
I have used Risla for several school loans for my children. They are professional , easy to use, and reasonable rates.
Navigating through the FAFSA Application isn’t a desirable process, but working with the support of a RISLA Member made it extremely smooth and stress-free. This is a valuable service to take advantage of to eliminate any resistance you may have in the going (back) to school process. Thank you to the RISLA team for being a great help!! Your patience, clarity, and dedication brought ease, and for that, I am grateful.
Have used risla for years and always great. Customer service phenomenal. Live people, no wait, great breadth of knowledge. Any issue I have had was settled with a two minute phone call.
Every time I go with questions, I leave there feeling better. The guidance and support is amazing!
Both times I have had to speak with someone from the CPCRI, they have been exceptionally nice and very helpful and they always put me at ease. So appreciative of this service!!
Mike Donnelly was very informative and went above and beyond to answer all of our questions and concerns. He also returned two voicemails promptly. Great experience!
Best in class customer service, always professional and willing to help and answer any and all questions. Thank you
Excellent and easy
This experience was seamless. I would recommend everyone use the college planning program when you need help. Don’t do it alone. Use this free resource.
Risla was there for us, very efficient,professional and caring during the whole process. it was a very fast process to completion. Would recommend them to others. thank you James Roos
Helpful and understanding every single time I need help.
Getting my daughters loan was easily managed and processed quickly! Getting a reply in a timely manner is extremely helpful!
John V
Aug 13,2023With my good credit I got a 7% rate on the loan and paying $4000 a year of interest on the loan which is very unfair for a first-year student.