What is MOHELA?
Asked 6 months ago
MOHELA stands for the Missouri Higher Education Loan Authority. It is a not-for-profit organization that serves as a loan servicer for student loans. MOHELA works in collaboration with the Department of Education and various colleges and universities to manage and administer federal student loans. They assist borrowers with loan repayment options, processing payments, and managing loan forgiveness programs. In addition to loan servicing, MOHELA also offers resources and tools to help borrowers understand their loans and make informed financial decisions. They prioritize customer service and strive to provide assistance to borrowers throughout the life of their loans. MOHELA's mission is to support students in achieving their educational goals by providing exceptional student loan services.
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