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Toll-free phone number: (800) 699-2908, available Monday through Friday 8:00 a.m. to 9:00 PM EST ... PSLF loans were transferred to MOHELA beginning in July 2022. Loan forgiveness under PSLF is ...
MOHELA became the sole servicer for the Public Service Loan Forgiveness (PSLF) program in July 2022, following the decision of FedLoan to break its ties with the Department of Education. [ 6 ] By August 2022, MOHELA was responsible for overseeing some 6.7 million student borrower accounts on the DOE's behalf, along with around 330,000 private ...
Key takeaways. FedLoan Servicing stopped handling federal student loan accounts on December 14, 2021. After the decision, FedLoan accounts were transferred to MOHELA, Edfinancial, Aidvantage and ...
The Public Service Loan Forgiveness (PSLF) program is a United States government program that was created under the College Cost Reduction and Access Act of 2007 signed into law by President George W. Bush to provide indebted professionals a way out of their federal student loan debt burden by working full-time in public service. [1]
A Missouri judge blocked student-loan forgiveness under the SAVE plan and will soon hear oral arguments on the case. Servicer Mohela plays a key role.
Student loan forgiveness for public-sector workers like teachers and nurses will be temporarily paused beginning May 1 as the Department of Education moves management of the program in-house.
In the news. Have non-qualifying loans but want your past payments counted toward Public Service Loan Forgiveness? You now have until June 30, 2024 to apply to consolidate ineligible loan types ...
MOHELA. Aidvantage. Nelnet. ECSI. Default Resolution Group. There’s also a chance that you originally had federal student loans through a lender that no longer works with the federal government ...