Forbearance Information
MOHELA offers a variety of payment options along with deferments and forbearances for those who qualify. Please use the
My Options
wizard to see what may be available to you.
Please click on the questions to see/hide the respective answers.
Forbearance Quick Facts
Payments can be made anytime during a forbearance.
You may request a forbearance anytime during the life of the loan
Interest on your loans continues to accrue during the Forbearance period.
Explore Available Options
What is a forbearance?
It is a period of time during which you may postpone your monthly payments or reduce the amount of your
payments. You are responsible for the interest that accrues on your loan during the forbearance period. Some
forbearances are entitlements for eligible borrowers; others are granted at the discretion of the lender.
Can payments be made during my forbearance?
Yes, payments may be made at any time during the forbearance.
What is the benefit of a deferment over a forbearance?
The primary advantage is the potential interest savings.
During a forbearance, you are responsible for the accrued interest.
During a deferment, only borrowers with Unsubsidized Stafford, Parent PLUS and GradPLUS loans are
responsible for the interest that accrues.
How do I request a forbearance?
It is your responsibility to complete a forbearance request and to provide MOHELA with any
necessary documentation to support your eligibility.
What types of forbearances are available?
Forbearances are available for a variety of situations including the following:
- Financial Hardship
- Internship/Residency
- Teacher Loan Forgiveness
Please login and view the available forms that contain the list of options available for your loan program.
Will I be notified when a forbearance is placed on my loan?
Yes, MOHELA will send a letter advising you if the forbearance was approved or denied on your loan(s).