Trying to get student loans forgiven? Here are some helpful resources Once the process is complete, the form should automatically be delivered to the Missouri Higher Education Loan Authority (MOHELA). That's the student loan servicer that currently handles PSLF borrowers (previously FedLoan di...
They specifically pointed to lawsuits brought by six Republican-led states. In these suits, the states argue that companies that service federal student loans – including the Missouri Higher Education Loan Authority (MOHELA) – would lose profits as a result of federal student loan...
Today, FSA makes all decisions about whether to approve or deny forgiveness, and so the vast majority of the backlog resides at a resource-constrained FSA.” What it means for your money This Senate hearing won’t immediately impact your student loans if MOHELA is your servicer, b...
» MORE: How to get student loan forgiveness in 2024 You can use the Education Department’s PSLF Help Tool to find out your eligibility based on the types of loans you have and your employer. If your loans are eligible, they’ll be transferred to the student loan servicer MOHELA,...
SoFi’s student loan refinancing program, serviced by the Higher Education Loan Authority of the State of Missouri (MOHELA), accepts applications for federal and private loans (including Parent PLUS and students who wish to take over their parent’s Parent PLUS loans). ...
It’s also who is eligible: Part of the states’ suit says that MOHELA will face a “number of ongoing financial harms” if forgiveness is given to commercially held Federal Family Education Loan (FFEL) borrowers. In response, the administration announced at the end of September that thos...
The appeals court focused its decision on the Higher Education Loan Authority of the State of Missouri, or MOHELA, a state-created entity that services federal student loans, finding that the financial impact on the loan servicer due to the debt discharge threatened financial harm to Missouri. ...
The appeals court focused its decision on the Higher Education Loan Authority of the State of Missouri, or MOHELA, a state-created entity that services federal student loans, finding that the financial impact on the loan servicer due to the debt discharge threatened financial harm to Missouri. ...
forgiving any more student debt under the SAVE program until he reaches a decision on the case. Ross agreed with the states that the relief plan would likely reduce the fees the government pays to the Missouri Higher Education Loan Authority, or Mohela, for servicing its federal student loans....
A blog about student loans from The Law Office of Adam S. Minsky. Student loan news, repayment plan information, and more.