With reasonable fixed interest rates and borrower-friendly features, RISLA (Rhode Island Student Loan Authority) provides a variety of refinancing and student loan solutions.

Below is a thorough explanation of the many loan kinds, their interest rates, and some of the main advantages:

RISLA Student Loan for Undergraduate Students
1) Fixed interest rates with auto-pay range from 4.05% to 8.64% APR.
2) Terms of Repayment: 15 years for delayed repayment, 10 years for immediate payback.
3) Loan amounts range from $1,500 to $45,000 annually, with each borrower's total loan amount not to exceed $150,000.

Loans to Parents
1) APRs for fixed interest rates range from 5.74% to 8.74%.
2) Terms of Repayment: 15 years for delayed repayment, 10 years for immediate payback.
3) Unique Qualities: The student is under no obligation to repay the loan; repayment starts 30 days after it is disbursed.​