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).
Register to access your loan details, account information, make your payment, learn about different repayment plans, sign up for paperless delivery and more.
In observance of Thanksgiving, we will be closed for business on Thursday, November 26 and Friday, November 27. Our offices will reopen during normal business hours on Monday, November 30.
If you have been impacted by a natural disaster, you may be able to postpone your payments. Learn More about repayment options
If your PSLF application was denied because some or all of your payments were not made on a qualifying repayment plan for PSLF, you may be able to receive loan forgiveness under a temporary opportunity. Learn More
Repayment Options - A variety of repayment plans are available to meet your needs, including plans based on your income and family size.
Deferment & Forbearance - Once in repayment, there may be times when you are unable to make your monthly payment. You may be eligible to postpone your payments.
Forgiveness & Discharge - In certain situations, you may qualify to have your student loan forgiven or discharged, meaning that you will no longer be required to repay some or all of your loan.
Pick a Student Loan Repayment Option external link
How to Repay Your Loans external link
Repayment Options - A variety of repayment plans are available to meet your needs, including Income-Based Repayment, which is based on your income and family size.
Loan Modification - If you are experiencing hardship making your monthly payment, you may be eligible for a CASHLoan Modification.
Forgiveness & Discharge - In certain situations, you may qualify to have your student loan discharged, meaning that you will no longer be required to repay some or all of your loan.
CASHLoan Info Center
Now you can keep tabs on your student loan account right from your phone. View your account summary, see recent and scheduled payments + more.