Important Announcements

On July 1, 2026, the interest rate reduction for borrowers enrolled in auto pay went from 0.25% to 1%. This reduction is a temporary benefit available through June 30, 2028. Learn more and enroll by 11:59 p.m. ET on Dec. 31, 2026.

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.

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Important Announcements Contact Us

End of the SAVE Plan

FAQ's

Yes, a court order ended the SAVE Plan in March 2026. As a result of this change, if you're currently enrolled in SAVE or have a pending SAVE application, you must select a new repayment plan.

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  this link will open in a new window. There, you can provide consent for the Department of Education (ED) to use your federal tax information directly from the IRS for quicker results.

The office of Federal Student Aid (FSA) has already sent notices to affected borrowers with an overview about the need to switch plans.

In addition, MOHELA reached out to borrowers advising to choose a new plan within 90 days of the day of the notice. These notifications were sent between July and September 2026.

If you have not yet selected a new repayment plan, you will receive a final notice reminding you to do so.

If you have not yet selected a new repayment plan, you will receive a final notice reminding you to do so.

Borrowers enrolled in SAVE that do not select a new repayment plan will be automatically placed in either the Standard Repayment Plan or the new Tiered Standard Plan, depending on your loan disbursement dates.

Borrowers with pending SAVE applications may be moved to the plan they were in before submitting their application.

Log in to your Studentaid.gov account and use the Repayment Calculator  this link will open in a new window.