MOHELA offers a variety of CASHLoan benefits and repayment options for customers experiencing financial hardship. Check out whether you may be eligible.

Deferment and Forbearance

Once in repayment, there may be times when you are unable to make your monthly payment. You may be eligible to postpone your monthly payment with a short term deferment or forbearance option.

Loan Modification

If you are experiencing long term hardship impacting your ability to make your monthly payment, you may be eligible for a CASHLoan Modification.

Loan Discharge (Forgiveness) Options

You may qualify for the following types of loan discharge: Borrower Total and Permanent Disability Discharge or Borrower Death Discharge.

Auto Debit Interest Rate Reduction

Signing up for automatic monthly payment withdrawals may qualify you for a 0.25% interest rate reduction.

Cosigner Release

You may be eligible for a cosigner release.

Military Benefits

If you have served or are serving our country, you may qualify for student loan benefits and assistance.