Important Announcements

Starting on July 1, 2026, the interest rate reduction for borrowers enrolled in auto pay will go from 0.25% to 1%. This reduction is available to borrowers with Direct Loans disbursed on or after July 1st, 2012. Visit StudentAid.gov to learn more and enroll by 11:59 p.m. ET on Sept. 30, 2026, to receive the temporary benefit through June 30, 2028.

On March 10, 2026, a court order ended the Saving on a Valuable Education (SAVE) Plan. The U.S. Department of Education will contact impacted borrowers, who can explore and apply for other repayment plans. For more information, visit StudentAid.gov/courtactions.

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.

Important Update

Repayment Plan Changes Starting July 1, 2026: Apply Today!

The newest repayment plans—the Repayment Assistance Plan (RAP) and Tiered Standard Plan—are available effective July 1, 2026. Visit StudentAid.gov/bigupdates to learn more about these new repayment plans and other changes to the federal student aid programs.

Recently received an email from Federal Student Aid about the new RAP and Tiered Standard repayment plans and want to apply? Visit Studentaid.gov/repayment-calculator.

If you've recently submitted an IDR application on Studentaid.gov, you will be notified once your application is processed.

SAVE Plan is Ending

Borrowers who enrolled in or applied for the Saving on a Valuable Education (SAVE) Plan and have loans in forbearance must select a new repayment plan after receiving a notice from MOHELA. No need to call! For a quick and easy path to change plans or explore your options, log in to your Studentaid.gov account, and use the Repayment Calculator. For more information, visit our FAQ page.

An official website of the United States government  

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.

MOHELA Logo
Official Servicer of Federal Student Aid
Important Announcements Contact Us

Difficulty Making Your Payments?

Change Your Repayment Plan

Need lower monthly payments? Determine if your income and family size will lower your monthly payment by using Federal Student Aid's Loan Simulator   this link will open in a new window . You may qualify for a lower payment on an income-driven repayment (IDR) plan. What you pay depends on your loan’s plan eligibility, household size, loan balance, and income. You can switch to a different plan at any time to better suit your needs and goals.

Repayment Plans:

Regular Repayment Plans Income-Driven Repayment Plans (IDR)

Standard: Fixed payments for 10 years from your repayment start date (or up to 30 years for consolidated loans)

Repayment Assistance Plan (RAP): Dependent on a calculation of income and household size.

Tiered-Standard: Fixed payments for terms of 10, 15, 20, or 25 years based on your total loan balance.

Income Based (IBR): Generally 10% or 15% of discretionary income

Graduated: Begins with lowest eligible payment based on the loan, then increases every 2 years

Income-Contingent (ICR): Generally 20% or less of discretionary income

Extended Repayment: Fixed or Graduated for up to 25 years

Pay As You Earn (PAYE): Generally 10% of discretionary income

Temporarily Postpone Monthly Payments

If you prefer to stay on your current repayment plan and are unable to make payments right now, you may be able to temporarily postpone payments if you meet certain eligibility requirements. Depending on your loan type and the postponement option, interest may continue to accrue and be added to the principal balance (capitalized) when the option ends. Learn more about these deferment and forbearance options   this link will open in a new window .

Possible Reasons to Temporarily Postpone Payments
(Other Reasons MAY be Acceptable)

  • Americorps/Peace Corps

  • Cancer Treatment

  • Department of Defense Repayment Program

  • Economic Hardship

  • In-School

  • Medical/Dental Internship

  • Military Active Duty

  • Post Active Military Duty

  • Natural Disaster

  • Rehabilitation Training

  • Student Loan Debt Burden

  • Teacher Loan Forgiveness

  • Unemployment

Making Payments

Payments can be made online, by phone, using a bill pay service, through Auto Pay   this link will open in a new window (which also provides an interest rate reduction), or by mail. Log in and select "Contact Us" for the correct payment address for your account.

Note: Mailing your payment may delay its receipt by MOHELA. Your payment will be credited as of the date we receive it. However, if your account becomes delinquent before the payment is posted, or is already delinquent, you may receive additional communications from us. Always include your MOHELA account number when making payments. Do Not Send Cash. All payments must be drawn in U.S. currency on a U.S. financial institution or TD Bank.

Change Your Payment Due Date

Is your student loan payment due before you get paid?
Changing your due date to another date within the month may be a solution (excluding the 29th through 31st). If requested and approved, please allow up to two billing cycles to complete the change and be aware that your monthly payment amount may change. In some instances, this may cause you to pay more interest over the life of the loan.

Consolidate Your Loans

Do you have multiple outstanding loans or student loan servicers?
Simplify the repayment process with a Direct Consolidation Loan, which allows you to combine your federal student loans into one loan with one monthly payment. Consolidating may not be the best option for everyone. Before you decide, learn more about Consolidation, along with its potential advantages and disadvantages, at studentaid.gov/loan-consolidation   this link will open in a new window .