Check mohela.com/covid19 for updates about student loan processing and COVID-19.
New Message For Direct Loan Borrowers Serviced by MOHELA:
President Trump directed the Secretary of Education to extend federal student loan flexibilities for the COVID-19 emergency through Dec. 31, 2020.
The 0% interest rate and Administrative Forbearance scheduled to end Sept. 30, 2020 is now extended through Dec. 31, 2020. During this time no interest is accruing and no payments are due (unless you opted out of the forbearance).
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There are options to lowering your payment.
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