Consolidating a PLUS Loan through RISLA
Minimum amount required to consolidate: $7500
Payment incentives: If you choose to electronically sign your
on-line application you will receive an automatic 1.0% interest rate
reduction after you make your initial 36 monthly payments on-time;
if you choose to complete a paper application you will receive an
automatic 1.0% interest rate reduction after you make your initial
48 monthly payments on-time.
Optional incentives: 0.25% interest rate reduction through
automatic debit of payments from a bank account.
Apply by calling 1-888-758-7562; Monday through Thursday, 9AM
- 9PM(ET) and Friday 9AM - 4PM; or apply on-line.
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