Missouri Higher Education Loan Authority

MOHELA is recognized as one of the largest nonprofit student loan servicers and secondary markets in America. MOHELA is a leading holder and servicer of student loans, managing a portfolio in excess of $46 Billion.

MOHELA was created by the General Assembly of the State of Missouri through passage of House Bill (HB) 326, signed into law on June 15, 1981, in order to ensure that all eligible post-secondary education students have access to guaranteed student loans (most recently known as the FFELP).

Enactment on March 10, 2010 of the Health Care and Education Reconciliation Act of 2010 (HCERA) which included the Student Aid and Fiscal Responsibility Act (SAFRA), eliminated the Federal Family Education Loan Program (FFELP) effective July 1, 2010.

MOHELA executed a contract with the U. S. Department of Education to service Direct Loans in accordance with the HCERA/SAFRA, Public Law 111-152 in 2011 and has been servicing loans on behalf of the Department of Education since October 2011.

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Posting guidelines:

Posts that are blatantly off topic may be removed.

Posts that do not permit MOHELA to add comments may be removed.

Personal attacks will not be tolerated.

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We do not allow graphic, obscene, explicit or racial comments or submissions nor do we allow comments that are abusive, hateful or intended to defame anyone or any organization.

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MOHELA's community managers are not equipped or permitted to discuss or moderate discussions about threatened or current litigation against the company. Communications of this nature must be conducted through secure and private channels. As a result, posts that mention litigation will be promptly removed.

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