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2. Student loan servicer MOHELA penalized for sending late bills

   www.aol.com/student-loan-servicer-mohela...

   More than 800,000 federal student loan borrowers were late making their payment as a result of the mistake made by the servicer MOHELA (Missouri Higher Education Loan Authority), the Department of ...

3. Warren hammers student loan servicer MOHELA at hearing ... - AOL

   www.aol.com/news/warren-hammers-student-loan...

   April 11, 2024 at 12:34 PM. The Missouri Higher Education Loan Authority (MOHELA) took a drubbing at a Senate hearing Wednesday after a report from Democrats accused the student loan servicer of ...

4. FedLoan is no longer handling federal student loans: Here’s ...

   www.aol.com/finance/fedloan-no-longer-handling...

   The Department of Education announced that MOHELA would be the new servicer for participants in those programs. If you previously used autopay with FedLoan, the information will automatically ...

5. Higher Education Loan Authority of the State of Missouri

   en.wikipedia.org/wiki/Higher_Education_Loan...

   Following the program's abolition in 2010, MOHELA began to expand its presence in the student loan servicing industry. In 2011, it was granted a contract with the Department of Education (DOE) to service over 100,000 federal student loans in 2011. Operations during loan forbearance period (2020-2023)

6. Education Department withholding payment to student loan ...

   www.aol.com/education-department-withholding...

   The Department of Education announced Monday that it is withholding millions of dollars in payment to the student loan servicer Missouri Higher Education Loan Authority (MOHELA) over billing ...

7. MOHELA can’t escape the student loan spotlight - AOL

   www.aol.com/news/mohela-t-escape-student-loan...

   MOHELA did have trouble when student loans were turned back on and was fined more than $7 million by the Department of Education for sending out the wrong balances to 2.5 million borrowers.

8. Student loans in the United States - Wikipedia

   en.wikipedia.org/wiki/Student_loans_in_the...

   In the United States, student loans are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans to cover some or all of their expenses. [1] With notable exceptions, student loans must be repaid, in contrast to other forms of financial aid such as scholarships ...

9. What to know about the loan servicer at the center of the ...

   www.aol.com/news/know-loan-servicer-center...

   MOHELA has been in the student loan business for more than 40 years. Missouri state legislators created it in 1981 to provide low-cost loans for students and a source of revenue for the state.