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What is MOHELA Dept of Ed?

What is MOHELA Dept of Ed?

MOHELA, or Missouri Higher Education Loan Authority, is a student loan servicer that works with the U.S. Department of Education to manage billing and payments for federal student loans.

Is MOHELA student loans Federal?

MOHELA is one of eight companies that service federal student loans by collecting and tracking payments. MOHELA, or the Missouri Higher Education Loan Authority, is a nonprofit company and services both federal and private student loans.

Is MOHELA the same as FedLoan servicing?

The U.S. Department of Education (ED) has transferred the customer service of your federal student loan account from FedLoan Servicing to MOHELA, another member of ED’s federal loan servicer team.

What happens if you dont pay MOHELA?

MOHELA will attempt to contact you regarding your account to bring it current. Note that even if you are enrolled in Auto Debit, if you miss any required manual payment before the automatic withdrawals begin, your account can become past due. …

Are MOHELA loans direct loans?

MOHELA services loans under the direct loan and Federal Family Education Loan (FFEL) programs. If MOHELA is your federal student loan servicer, you’ll make payments directly to it. You can contact its customer service team to ask questions or discuss repayment options.

What is going on with FedLoan servicing?

FedLoan is expected to end all federal loan servicing after December 2022. All federal loans in the FedLoan portfolio will be split up and transferred to other servicers including EdFinancial, MOHELA, Navient and Nelnet.

What does MOHELA do?

She specializes in divorce, death, career changes, and caring for aging relatives. MOHELA is a nonprofit student loan servicer that works with the U.S. Department of Education to manage billing and payments for federal student loans.

Is MOHELA a legit student loan service?

MOHELA is a nonprofit student loan servicer that works with the U.S. Department of Education to manage billing and payments for federal student loans. The Missouri-based company is a legitimate student loan servicer that is contracted to handle nearly 20% of the Department of Education’s accounts.

Where do I Send my MOHELA Bill?

Send mail to MOHELA, 633 Spirit Drive, Chesterfield, MO 63005-1243. MOHELA, or Missouri Higher Education Loan Authority, is a student loan servicer that works with the U.S. Department of Education to manage billing and payments for federal student loans.

What is MOHELA’s address?

MOHELA 633 Spirit Drive Chesterfield, MO 63005-1243 Do not submit payments to this address.