young woman making a budget

There is a scholarship (or many scholarships) out there for everyone. Every student has some skill, interest, experience, or characteristic that may make them an attractive candidate for one scholarship or another. And while we often refer to scholarships as “free money,” scholarships don’t actually come for free. It takes work to thoughtfully consider your strengths and research the scholarships that might be most appropriate for you. While the effort that goes into finding and winning scholarships may be akin to a part-time job, we at College Coach want to make your job a little easier. This ongoing scholarship series highlights a new scholarship each week. Check out the opportunity below, along with the other posts in the series, and you may discover a funding resource that will make covering that college bill a little (or a lot!) easier.

Are you feeling lucky? Or, more accurately, financially literate? The Rhode Island Student Loan Authority (RISLA) helps students cover tuition and potentially reduce the need for borrowing through this scholarship opportunity based on your knowledge of financial concepts.

Scholarship: RISLA Knowledge for College Scholarship

Amount: $2,000

Number of Scholarships Awarded: Fifty (annually)

Eligible Students: High school seniors and current college students who are Rhode Island residents or nonresidents who attend school in Rhode Island.

How to Apply: Students must register on the website and submit answers to all three financial literacy questions. Student may apply on a monthly basis.

Deadline: Ongoing


Best of luck, and please see the awarding organization’s website for full scholarship details and requirements.

Determine the Best Way to Pay for College

Written by Robyn Stewart
Robyn Stewart is a member of College Coach’s team of college finance experts. Prior to joining College Coach, she worked as a former financial aid officer at College of the Holy Cross. Visit our website to learn more about Robyn Stewart.