R.I. Student Loan Authority partners with Preparatory Enrollment Program

The Office of Student Support Services at Rhode Island College has again partnered with the Rhode Island Student Loan Authority (RISLA) to incorporate a financial literacy class into its Preparatory Enrollment Program (PEP).

PEP is a pre-college academic program, open to first-generation, low-income students and/or students with disabilities who are Rhode Island high school graduates. Students apply, then are rigorously screened and selected for participation. During the summer proceeding their freshman year, the students take part in seven weeks of intensive academic study.

“Students need basic financial literacy information on topics such as budgeting, credit cards and identity theft. RISLA is the perfect partner to provide this valuable service,” said Julia Nesbitt, interim director of RIC’s Student Support Services.

The Student Support Services (SSS) program at Rhode Island College provides opportunities for academic development and serves to motivate students towards the successful completion of their postsecondary education. The goal of SSS is to increase the college retention and graduation rates of its participants.

“Over the past five years, RISLA has become the ‘go to’ resource for accurate, unbiased financial literacy information for students, parents and school administrators,” said Bill Bianchi, financial literacy coordinator. “During that time, it has helped over 13,000 individuals through group educational programs, one-on-one sessions and a full suite of informational materials.”

“The RISLA team of experts customized its core offering and financial tools to meet the student needs of PEP,” Nesbitt said.

RISLA, a state authorized non-profit organization, provides college planning, financial aid and financial literacy programs through the College Planning Center of Rhode Island. Since 1981, the Authority has helped more than 100,000 students to achieve the education that they deserve.

For more information, contact Bill Bianchi, Rhode Island Student Loan Authority, at (401) 468-1755; wbianchi@risla.com.

PEP program