search facebook-square linkedin-square twitter envelope

The Missouri Higher Education Loan Authority (MOHELA) is a federal student loan service provider and a third-party servicer for private student loans.

The organization offers online tools for loan repayment as well as educational resources. MOHELA is headquartered in Chesterfield, Missouri.


  • Over 30 years in loan servicing experience
  • Auto-debit interest rate reduction
  • Dedicated loan counselors to answer questions
  • Paperless account management
  • Accredited and rated A+ by the BBB


One of the 10 largest loan servicers in the U.S., MOHELA has been involved in the student loan servicing sector for over 30 years. MOHELA characterizes its staff as well-trained in federal policy and regulations regarding student loans, and the company prides itself on offering a personalized service to meet the needs of each student loan borrower.

MOHELA does not offer loans itself but specializes in loan servicing which includes disbursement, payment, counselling, and loan benefit management.

Repayment plans

MOHELA services multiple repayment plans whose guidelines are established by the Federal Office of Student Aid. Repayment plans are based on interest rates and length of payment term for private student loans. For borrowers that have qualifying federal loans, income-driven plans are available.

MOHELA can help guide borrowers if there is a need to postpone payments through deferment or forbearance.

MOHELA’s Repayment Plan Evaluator is a convenient online tool designed to create a repayment plan customized to each borrower’s needs.

Auto-debit interest rate reduction

For borrowers who arrange to have payments automatically debited from their bank account, MOHELA offers a 0.25 percent interest rate reduction. This benefit applies only to federally-owned loans.

Payment options

Payment can be made by auto-debit or by mailing payment by check to MOHELA. Loan payments can also be made via online banking services or the MOHELA website.

Info center

MOHELA provides a wide range of online resources to help educate borrowers about the different aspects of student loans. Topics include:

  • Finance essentials
  • Preventing default
  • Student loan interest
  • Account management
  • Disaster assistance
  • Loan forgiveness and discharge programs
  • Military benefits
  • Repayment
  • Mobile options

MOHELA offers mobile access to student loan account holders. Borrowers can check their balance and make payments on their smartphone. There is even a mobile messaging service in order to communicate with customer service professionals.

Paying ahead

If borrowers make payments in advance or greater than the amount due, there is no advanced payment fee. MOHELA applies advance payments first towards outstanding fees, then towards interest, and finally toward the principal balance. However, if a borrower is under an income-based repayment plan, advanced payments are applied to interest before outstanding fees.

Borrowers can also specifically target which loans they wish to pay off through advanced payments. This allows for faster payoff of loans that may have higher interest rates.

MOHELA reviews

MOHELA has been accredited by the Better Business Bureau (BBB) since 2010 with a current A+ rating. The bureau has closed 189 complaints it received about MOHELA in the last three years, including 45 in the last three months. Factors that raised MOHELA’s BBB rating include:

  • Length of time MOHELA has been operating
  • Low complaint volume for a business its size
  • Proper response to complaints filed against MOHELA
  • Resolution of complaints filed against MOHELA