Helpful Links
RIHEAA's Most Popular
For a complete list, visit our Helpful Links page.
Popular External Links
The following are links to external sites that prove helpful to most students.
Social Links
Payment Plans
Standard
- Minimum monthly payment is $50, but may be higher depending on balance
- Maximum repayment period of 10 years
Graduated
- Begins with lower payment amounts that increase over time
- More interest will accrue over the life of the loan because the principal balance decreases at a slower rate
Income-sensitive
- An adjusted payment amount based on gross income
- Payment will be greater of your monthly interest amount of 4 percent of your gross monthly income
- Eligibility and payment amount verified annually
- More interest will accrue over the life of the loan because the principal balance decreases at a slower rate
Extended
- Available to new borrowers on or after October 7, 1998, who have a minimum balance of $30,000 in loans
- Payment amounts can be either fixed annually or graduated
- Maximum repayment term is 25 years
