Search results
Results From The WOW.Com Content Network
MOHELA was founded by Missouri lawmakers in 1981 to oversee loans guaranteed by the U.S. federal government through the Federal Family Education Loan Program. Following the program's abolition in 2010, MOHELA began to expand its presence in the student loan servicing industry.
Servicer Mohela plays a key role. A Missouri judge blocked student-loan forgiveness under the SAVE plan and will soon hear oral arguments on the case. ... of $12,000 or less and made as few as 10 ...
The decision came down a month ago, but something new seems to be happening with lender Mohela and at studentaid.gov. Last week, there was a lot of celebrating going on in social media.
A Mohela spokesperson told BI that the servicer "is surprised by FSA's sudden change in direction and communication" after the Education Department recently gave it new borrower accounts.
He serves as a deacon at the Trinity Church and works at the Missouri Higher Education Loan Authority (MOHELA). [2] In the 2022 Missouri House of Representatives election, Oehlerking was elected in District 100. [3]
Missouri in particular also asserted that it had standing because the Higher Education Loan Authority of the State of Missouri (MOHELA) is a public entity that would lose revenue from student loan forgiveness and become less able to fund Missouri's student financial aid program.
In response, the department announced it is withholding a $7.2 million payment to student loan servicer MOHELA for not providing student loan bills on time. The Education Department said 2.5 ...
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.