Important Announcement

The U.S. Department of Education is reviewing the recent Executive Order regarding the Public Service Loan Forgiveness Program. The Program is not changing today, and borrowers do not need to take any action. To learn more about the current program requirements, see your progress and payment counts, or submit a PSLF form, visit StudentAid.gov/publicservice.

A federal court issued an injunction preventing the U.S. Department of Education from implementing the Saving on a Valuable Education (SAVE) Plan and parts of other income-driven repayment (IDR) plans.

Income Driven Repayment (IDR) Status - As Directed by Federal Student Aid

Status of IDR Applications – No Action Required from You.

IDR esign is now available for submission on StudentAid.gov but still cannot be processed.
Pending IDR applications cannot be processed.
Forbearances are automatically being placed for borrowers on the SAVE Repayment Plan through 7/31/2025. Borrowers that have a pending IDR application may also be placed on a forbearance until no later than 7/31/2025.
Visit StudentAid.gov/Save-Action for more information or log in to check your loan status information.

Extending IDR Recertification of Family Size and Income (Anniversary Dates) – No Action Required from You.

Recertification of IDR plans will not be required until at least February 2026.
SAVE plan recertification dates were already extended.
Income Based Repayment (IBR), Pay As You Earn (PAYE), and Income Contingent Repayment (ICR) plans are in the process of being extended. Please allow a few weeks for this extension to occur. We will notify borrowers when this is complete.

Changing Your IDR Plan

You can choose to exit your IDR plan and move into a fixed payment repayment plan. Moving between IDR plans is not currently available as processing is still paused, but you can apply for an IDR plan online. Please visit StudentAid.gov/loan-simulator to review your options.

If you're having trouble making payments, please visit StudentAid.gov/loan-simulator to review your options. You can download a forbearance or deferment form, from StudentAid.gov/forms, and upload the form to your online MOHELA account.

An official website of the United States government Here's how you know

Official websites use .gov

A .gov website belongs to an official government organization in the United States

Secure .gov websites use HTTPS

A lock () or https:// means you've safely connected to the .gov website. Share sensitive information only on official, secure websites.

Official Servicer of Federal Student Aid

Important Announcements Contact Us



Additional Resources

MOHELA offers a list of resources to assist you in college, throughout your career and as you budget and set your personal finance goals. These sites are intended to be a convenient way to find information pertaining to these topics. MOHELA does not endorse these sites and is not responsible for the privacy practices or content of these sites. We regularly review and ensure links to the sites are working properly; however, links may break or be redirected to another site between reviews.

360 Degrees of Financial Literacy – Helps Americans understand their personal finances and develop money management skills throughout their lives
Bankrate.com - Resources and calculators for a broad range of financial topics including Mortgages, Bank Accounts, Credit Cards, Insurance, Auto, Investments, Taxes, Retirement and Financial Planning
Federal Reserve Bank of St. Louis – Classroom resources for educators to use to teach about money and banking, economics, personal finance and the Federal Reserve
Navigating Your Financial Future – Provides a variety of budgeting and financial resources for students and their families as they plan for life after college
MyMoney.gov – Provides information about how your paycheck really works, including deductions and withholdings
Spendster.org - Tools to help you make decisions about how you spend and save your money – Quizzes, calculators, smart money guides, worksheets, budget wizard, and more

Calculators

Repayment Amortization
You can estimate your payments with various interest rates and loan terms using this calculator.
Repayment Plan
Co-borrowers may view account information, change their contact information and make payments through our website. Other functions may be limited.

You can estimate your payments under various repayment plans using this calculator.

Student Loan Industry Glossary

Campus Career Center – Job and internship resources for students, recent graduates and alumni
College Central Network – Connects students to employers and opportunities
Explore Health Careers - Learn about more than 85 health careers and explore hundreds of health-related educational funding sources
www.monster.com - Browse jobs by Company, Location or Industry
Nursing Explorer - Provides education and career resource information for nursing students and professionals
SalaryList - A free, real job salary information site
Science Buddies – Learn about careers in earth and physical sciences
Simply Hired - Job search
My Next Move Career Search Tool, Sponsored by the U.S. Department of Labor

The College Board – Find colleges, explore careers, get tips to get into college, find ways to pay for college and more
The College Board – Compare your aid awards
College Navigator – Find the schools that fit your needs
College Preparation Checklist
Collegesavings.org – Learn about and compare 529 college savings plans
Department of Education – Information about scholarship scams
FAFSA ® – Submit a Free Application for Federal Student Aid
Fastweb – Free scholarship search
Junior Achievement Student Center – Explore careers, find a college, pay for college, manage your money and learn how to plan a business.
Knowhow2go.org – Learn about the steps you need to take to be college-ready
Mapping Your Future – Explore careers, prepare for college, find ways to pay for college, get money management tips and tools
CareerOneStop Scholarship Finder, Sponsored by the U.S. Department of Labor
U.S. News & World Report – Paying for College

Complete FAFSA ® – Complete your Free Application for Federal Student Aid (FAFSA®) to see what aid may be available to help you pay for college
Federal Student Aid - Get ready for college or career school; learn about federal student aid and how to apply using the FAFSA®. Manage your loans; get information on repayment student loans, complete your Master Promissory Note, complete entrance and exit counseling; Apply online for Income Driven Repayment plans, consolidate federal student loans, complete your Master Promissory Note, complete entrance and exit counseling, and more
Federal Student Aid: Loan Forgiveness, Cancellation and Discharge - Find out whether you qualify due to your job, disability, the closure of your school, or other circumstances
Federal Student Aid: Military Student Loan Benefits – Information Members of the U.S. Armed Forces need to know about their federal student loan benefits
National Student Loan Data System (NSLDS) - Lets you retrieve your loan information for your federally-owned or federally-guaranteed loans including any balances and which company is servicing them
U.S. Department of Education - Provides information about the Department's offices, programs, information and assistance services, funding opportunities, education statistics, publications and more

FDIC – Banking and Money, Financial Education & Literacy, Protect Yourself from Identity Theft and Fraud
The Motley Fool - Helpful investment tools
www.mymoney.gov - Information, games and fun facts about money, saving and planning for the future. Also includes resources for educators and researchers
www.salary.com - Resources include job postings, U.S. Salary Wizard, Education Finder, Career Self Tests, Work & Life, and more
The Wall Street Journal - Financial news and data

Important Announcement

Income Driven Repayment (IDR) Status - As Directed by Federal Student Aid

Status of IDR Applications – No Action Required from You.

Extending IDR Recertification of Family Size and Income (Anniversary Dates) – No Action Required from You.

Changing Your IDR Plan

Official websites use .gov

Secure .gov websites use HTTPS

Additional Resources

Federal Student Loan Management

Help & Support

About Us

Additional Resources

Budgeting and Personal Finance

Calculators and Glossary

Career Guidance and Job Search Resources

College Preparation and Funding

Credit Reporting

Federal Student Loan Websites

Financial News and Information