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In 2021, it was reported that some FedLoan (Pennsylvania Higher Education Assistance Agency) student servicing loans were transferred to MOHELA. [5] 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]
A federal judge temporarily blocked Biden's second try at broader student-loan forgiveness. Student-loan company MOHELA played a central role in the GOP-led states' argument to block the relief.
MOHELA. 1-888-866-4352. Aidvantage. 1-800-722-1300. Nelnet. 1-888-486-4722 ... The application for student loan forgiveness will close by Dec. 31 — so any federal student loans you receive after ...
Public Service Loan Forgiveness. 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 August, the Biden administration announced $10,000 in student loan forgiveness along with an additional $10,000 in forgiveness for Pell Grant recipients. Single borrowers who make less than ...
The Higher Education Relief Opportunities For Students (HEROES) Act (Pub. L. 108–76 (text) (PDF)) was legislation passed unanimously by the United States Congress and signed into law by President George W. Bush on January 16, 2002. It was extended and amended in 2003, extended in 2005, and made permanent in 2007.
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