Auto Debit

Tired of sending in a check every month to make your student loan payment? With MOHELA's Auto Debit program, you can have your payments automatically withdrawn from a checking or savings account without ever having to think about it. Some borrowers may be eligible to receive a .25% interest rate reduction for using this service.

Download an Auto Debit Application

MOHELA provides benefits and/or interest rate reduction programs for loans owned and serviced by MOHELA in the Chesterfield, Missouri location. MOHELA’s lender partners may, at their option, choose to honor our benefits and/or interest rate reduction programs on loans that are not owned or serviced by MOHELA. Some lenders may choose to offer interest rate reduction or other benefit programs that differ from those offered by MOHELA. For more information, please contact our Customer Service Department at service@mohela.com or by calling 888-866-4352.

The borrower benefit programs described herein (collectively the “Programs”) may be modified, revoked or eliminated by MOHELA without notice to the borrower or to any other party at any time and from time to time in MOHELA’s sole discretion. Furthermore, the summary of the Programs contained herein is not intended as a comprehensive description of the Programs. The Programs are subject to certain additional terms and conditions. For additional information about the Programs, please contact MOHELA at 633 Spirit Drive, Chesterfield, MO 63005, toll free 1-888-866-4352.