Welcome to LoanConnect!

KCB Bank and MOHELA welcome you to a lending partnership that spells out the very best in borrower benefits.

You may enter a different loan amount than the one below and hit the ‘Next, Display Benefits’ button. Select ‘Apply’ to start the online loan process

Enter Loan Amount: (used for calculation purposes only) Minimum monthly payment is $50.00

Current Interest Rate for:
Undergrad Unsub Stafford & All Graduate Stafford Loan = 6.8%
Undergrad Sub Stafford Loan = 6.0%

Lender		Servicer	Monthly Payment	# of Payments	Total Cost of Loan
	Undergrad Unsub Stafford & All Graduate Stafford	MOHELA	57.54	119	6,847.25
Lender Code: 82620600	Undergrad Sub Stafford	MOHELA	55.51	119	6,610.33

View Benefit Details

Default Fee:

0.00%

Origination Fee:

1.00%

Interest Rate Reduction:

0.25% interest rate reduction for auto-debit payments

Principal Reduction:

None

Rebates:

None

Other Benefits:

Loan Forgiveness based on eligibility

24 hour account access via web (www.mohela.com) or voice response unit (888-866-4352)

Missouri based company dedicated to helping Missouri families finance their educational endeavors

Walk in customer service available

Flexible repayment options tailored to suit your individual needs

Comprehensive debt management and financial literacy tools to assist you available on www.mohela.com

Deferment and Forbearance options to temporarily postpone your payments

Extended repayment options for loan balances totaling $30,000 or more

Interest Rate for Undergrad Unsub Stafford & All Graduate Stafford:

6.55%

Interest Rate for Undergrad Sub Stafford:

5.75%

Undergrad Unsub Stafford & All Graduate Stafford

Fee Savings:	50.00
Reduction Savings:	107.63
# Payments Saved:	1
Total Savings:	157.63

Undergrad Sub Stafford

Fee Savings:	50.00
Reduction Savings:	100.94
# Payments Saved:	1
Total Savings:	150.94

It is each lender’s responsibility to notify MOHELA when the above benefits change. MOHELA is not responsible for determining the validity of the information the lenders supply. The lenders listed have the right to modify, expand, or discontinue borrower benefits at any time without notice.

Rates are reviewed annually on July 1. Rate Relief and Public Service Benefits are offered exclusively by MOHELA in conjunction with its Lender-Partners and are available to eligible borrowers in repayment whose loans are owned and serviced by MOHELA. These benefits are not applicable to loans placed in Consolidation. These benefits do not lower the monthly payment, but rather reduce the amount of interest that accrues and results in more dollars being applied to the principal balance of the loan. MOHELA may discontinue offering these benefits to any borrower whose account becomes delinquent or in the event an auto debit is terminated for any reason. Loans guaranteed by Missouri state guarantee agency may qualify for an increased level of Rate Relief.