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

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. To apply, visit Studentaid.gov/repayment-calculator.

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 once notified by 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  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 is reaching out to borrowers. Our notification informs you of the deadline to choose a new plan. Once you hear from us by email or mail (based on your communication preference), you must make a switch within 90 days of the day of the notice.

MOHELA is notifying millions of MOHELA borrowers, so we're reaching out in waves. You'll receive your notice between July 2026 and October 2026.

Borrowers enrolled in SAVE 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.

We are processing new plan requests in the order they're received. Once your request is processed and you move into your new repayment plan, you'll no longer be in the SAVE Plan, and your SAVE forbearance will end, even if you haven't reached the end of your 90-day period. 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.

No, you don't have to wait for our notice to move forward. Taking action now to choose a new plan can help you feel in control and give you peace of mind.

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.