Rhode Island Treasurer Seth Magaziner will attend tomorrow's Rhode Island Student Loan Authority's training session to speak with college financial aid professionals about Treasury programs that assist students and families as they save for college, as well as Rhode Island's new Student Loan Bill of Rights - which he proposed last year.
"Rhode Island's college financial aid professionals are a valuable resource for students and their families," said Treasurer Magaziner. "While saving for college, it is important that students understand the resources that are available to them."
The Rhode Island Treasurer's office administers the state's CollegeBound Saver program, a tax-advantaged savings plan designed to encourage Rhode Islanders to affordably save for college and vocational schools.
The Student Loan Bill of Rights was proposed by Treasurer Magaziner in 2019. The law sets standards for student loan servicing, both prohibiting predatory behavior and requiring best practices for protecting consumers' rights and empowers the Attorney General to mediate complaints on behalf of borrowers and enforce violations of the law.
# # #
For more information about CollegeBound, visit collegeboundsaver.com
The Rhode Island Student Loan Authority (RISLA) is a non-profit quasi-state authority which has been providing affordable higher education solutions since 1981. More information at risla.com
Evan England, Director of Communications (401) 222-2240 | (401) 439-2199 (mobile) firstname.lastname@example.org