We have options to help you where you are.
MOHELA offers you a variety of options to manage the repayment of your loans including repayment plans and ways to lower or postpone your payments. We understand
that some borrowers want to pay off their loan as quickly as possible, and we encourage those borrowers to make extra payments. (It’s easy through your online account!)
Those same borrowers could encounter a time when they become unemployed or ill and they need to lower or temporarily postpone their payments.
As your dedicated resource expert we will ensure you have an accurate understanding of your account so you can successfully repay your loans.
A variety of repayment plans are available to meet your needs, including plans based on your income and family size.
Income-Driven Repayment Plans
Income-driven repayment plans may offer lower payments because they are based on your income and family size. Payments can be as low as $0 per
month, depending on your circumstances.