Important Announcement

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.

Important Update on the SAVE Administrative Forbearance

In July 2024, a federal court injunction blocked parts of the Saving on a Valuable Education (SAVE) Plan. As a result, eligible federal student loans were placed in forbearance with a 0% interest rate. Because interest has not accrued, loan balances (which includes principal and interest) have not grown during this forbearance. In February 2025, a second federal court injunction ended this 0% interest rate. To comply with this injunction, loan(s) in the SAVE forbearance will begin accruing interest on Aug. 1, 2025.

MOHELA is working to update interest rates- once updated, you can view your interest rate, outstanding interest amounts, or make payments towards interest on your online account. For more information, view our FAQs!

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



Info Center

There are a variety of resources and services to assist you and make your student loan account management easy. Learn more below!

About Student Loans

Learn about student loans and what steps you need to take to successfully repay your loan.

Account Management Tools

We offer several web services that can help you manage your student loan account.

Additional Resources

Access calculators and external resources. Learn about scholarships, the FAFSA® and more.

Auto Pay Rate Reduction

Signing up for automatic monthly payment withdrawals may qualify you for a 0.25% interest rate reduction.

Beware of Scams

You never have to pay for student loan help.

Borrower Correspondence

Assistance with correspondence you received.

Credit Reporting

Stay informed with key insights into credit reporting.

Difficulty Making Your Payments?

Learn about the options available to help manage your monthly payments.

Disaster Assistance

Have you been impacted by a natural disaster? If so, you may be able to postpone your payments.

Finance Essentials

Find tips, articles, and calculators to help manage your debt and protect your financial future.

Forms

Looking for a form? Find a list, along with links to learn more and download what you need.

Loan Consolidation

A Direct Consolidation Loan allows you to consolidate (combine) one or more federal education loans into a new Direct Consolidation Loan for the purpose of lowering your monthly payment amount or gaining access to federal forgiveness programs.

Loan Forgiveness & Discharge Programs

Learn about Public Service Loan Forgiveness, Teacher Loan Forgiveness, and other qualifying reasons for student loan discharge.

Making Payments

Find information about the ways in which you can make your federal student loan payments, how your payments are applied, how to obtain a payoff for your loan, how federal student loan payments are managed, and what happens if you don't make a payment.