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For premium support please call: 800-290-4726 more ways to reach us. Mail. ... FedLoan accounts were transferred to MOHELA, Edfinancial, Aidvantage and Nelnet. ... bills or emails about your account.
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 loan borrowers. [1] This increased to over 7.5 million borrowers by August 2023. [7] As of December 2022, MOHELA has a 1.01 star rating from the Better Business Bureau. [8]
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.
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For premium support please call: 800-290-4726 more ways to reach us. Mail. ... the department announced it is withholding a $7.2 million payment to student loan servicer MOHELA for not providing ...
Many borrowers are reporting their college debts have been forgiven and are breathing a sigh of relief. From Yvette Walker: