Important Announcements

On Oct. 30, 2025, the U.S. Department of Education published final Public Service Loan Forgiveness (PSLF) program regulations that will be effective on July 1, 2026. We'll provide updates when the regulations are implemented. For now, there are no impacts to borrowers, payment counts, or discharges.

Visit StudentAid.gov/publicservice for more information about PSLF and current program requirements.

For more information about employer eligibility, visit StudentAid.gov/pslf/employer-search.

To apply for PSLF, use the PSLF Help Tool at StudentAid.gov/pslf.

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.

Thanksgiving

In observance of Thanksgiving, we will be closed for business on Thursday, November 27. Our offices will reopen during normal business hours on Friday, November 28.

Due to the federal holidays, payments may take up to five business days to post to your account. This delay will not change the effective date of your payment.

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Important Announcements Contact Us

Auto Pay Interest Rate Reduction

Save yourself time and ensure your scheduled payments will be made on-time each month by setting up automatic payments. There is no need to rush to the mailbox each month or worry about logging in to make a manual payment online. It’s free to apply!

Enrolling in Auto Pay means we will automatically withdraw your monthly payment each month from a bank account you designate. This also provides an interest rate reduction benefit of 0.25% . Auto Pay saves time and saves you money by lowering your interest rate.

Keep in mind this reduction remains in effect while you are actively participating in the Auto Pay program. Please note:

  • During periods of deferment or forbearance, Auto Pay will not be in effect and you will not receive the 0.25% interest rate reduction during these periods. Auto Pay will resume at the end of your deferment or forbearance, as will the 0.25% interest rate reduction. You will receive a monthly payment reminder at least 21 days prior to your due date.

  • Auto Pay will be removed if three consecutive payments are returned due to insufficient funds, this will result the loss of the 0.25% interest rate reduction. (Other conditions may apply.)

Apply for Auto Pay through your online account and review the Auto Pay Authorization Agreement for complete information. Please be advised, per Section 2 of the Auto Pay Authorization Agreement, MOHELA is not able to apply an additional withdrawal amount (more than your monthly payment amount) on your behalf. To apply an additional withdrawal amount, you will need to edit your agreement through your online account. After logging in, select "Payments and Billing" from the top menu. Then, select "Auto Pay", enter your desired Requested Auto Pay Amount for each loan, select "Preview", and then "Submit". Any additional withdrawal amount applied to your Auto Pay Agreement will continue to be withdrawn until you notify us to make a change.