What is the Missouri Higher Education Loan Authority?
Asked a year ago
The Missouri Higher Education Loan Authority, also known as MOHELA, is a state-based, not-for-profit organization that provides student loan services and financial aid support to help students pursue higher education in Missouri. Established in 1981, MOHELA aims to ensure affordable access to education by offering various loan programs, loan servicing, and repayment assistance options. They work in collaboration with Missouri colleges and universities, federal government, and private lenders to offer low-cost student loans and flexible repayment plans. MOHELA also educates borrowers about financial literacy and loan management, helping them make informed decisions regarding their student loans. As a trusted resource and partner for students, parents, and institutions, MOHELA strives to support the educational aspirations of individuals in Missouri.
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