Pharmacy Reward Program     

Notice to 2008/09 Borrowers

WHAT IS THE PHARMACY REWARD PROGRAM?

Qualified Stafford Loan borrowers can receive an interest free loan during the first 48 months of repayment. That means that all payments made on the loan will be applied to principal, no interest is due during the first 48 months of repayment. The goal in this program is simple... to encourage students to study pharmacy and keep prospective pharmacists in Rhode Island where they can make a difference in the lives of many Rhode Islanders.

HOW DO I QUALIFY FOR THE PHARMACY REWARD PROGRAM?

• You have a Stafford loan with the Rhode Island Student Loan Authority or one of our participating lenders.
• Your loans were issued after July 1, 2000 and prior to the 2008/09 academic year.
• You are a licensed pharmacist in Rhode Island.
• You are employed full time by a licensed pharmacy in Rhode Island.
• Consolidation loans are not eligible for this program.
• Please note Stafford loans for the 2008/09 academic year are not eligible for this program. Qualifying loans made prior to this academic year still remain eligible for program benefits.

HOW DO I APPLY FOR THE PHARMACY REWARD PROGRAM?

If you have graduated and are working, contact our College Planning Center of Rhode Island at 401-736-3170 and ask for certification instructions for the Pharmacy Reward Program. You can also request a certification from the College Planning Center by sending an email to ddeblois@cpcri.org.

WHO ARE RISLA’S PARTICIPATING LENDERS?