Forbearance and Deferment Programs

MOFELP Standard Forbearance

A Standard Forbearance allows a borrower to temporarily reduce the monthly loan payment to $5 for a specific loan for a limited period of time.

MOFELP Standard Forbearance Request Form

MOFELP Reduced Payment Forbearance

A Reduced Payment Forbearance allows a borrower to temporarily reduce the monthly loan payment amount due for a specific loan for a limited period of time.

MOFELP Reduced Payment Forbearance Request Form

MOFELP In-School Deferment

An In-School Deferment allows a student borrower to temporarily reduce the monthly loan payment amount to $5 for a specific loan for a limited period of time while the student borrower is enrolled at a qualifying higher education institution at least a half-time basis.

MOFELP In-School Deferment Request Form

Contact the MOFELP Department at 800.809.0964 or mofelp@mohela.com with any questions regarding deferment and forbearance options.