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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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