Missouri Contributions

MOHELA's Contributions to Missouri Communities

As a quasi-governmental entity based in St. Louis, MOHELA is a strong contributor to its state – as a vital economic engine and as a community partner for Missourians. MOHELA is a mission-driven organization with a commitment to making higher education accessible for Missouri's students.

Who is MOHELA?

With over 40 years of experience, MOHELA has a track record of providing exceptional customer service to the eight million borrowers it assists with the management of their student loans.

MOHELA plays an essential role in the federal student loan ecosystem, providing support and assistance for around eight million federal borrowers on behalf of the U.S. Department of Education's Office of Federal Student Aid (FSA).

MOHELA's Contributions to its Communities

MOHELA is a strong economic contributor to the state of Missouri – providing employment for 470 Missourians. As MOHELA has expanded its work to support and assist more students and families, the organization has grown and now employs 2,011 employees across 35 states.

Because of the organization's care for its employees and contributions to its state and nation, MOHELA has been ranked a Top Workplace by the St. Louis Post Dispatch and USA Today. MOHELA is frequently named a top servicer in FSA quarterly surveys due to their commitment to providing high-quality customer service to their borrowers.

MOHELA Gives Back

A mission-driven organization with a commitment to making education accessible for Missouri students, MOHELA gives back to the student community through its Foundation: The Missouri Scholarship & Loan Foundation.

MOHELA's Foundation provides grants, scholarships, and zero-interest loans to support local students, families, local institutions, high schools, and nonprofit organizations in Missouri.

Over the last five years (2020-2024), the Foundation has:

  • Assisted more than 16,200 Missouri students

  • Distributed $23.1 million in scholarships and grants

  • Provided $22.8 million in interest-free loans for Missouri students


MOHELA and the Foundation also contributed more than $6 million toward Missouri programs in 2024 alone to further support student scholarships and grants, including Access Missouri, Missouri's A+ Program and Bright Flight.

The Foundation educates students and families in Missouri on the FAFSA process, college affordability, and financial aid. It also collaborates with other college access organizations to provide Missouri high school counselors with the knowledge and resources needed to guide students and families through the college financial aid process.

At the beginning of 2025, the Foundation began accepting and funding requests for its mission-driven mini-grant program. High school counselors, institutions, and nonprofit organizations can apply for these grants to help connect Missouri students with career opportunities through strategic partnerships. The goal is to strengthen career pathways by fostering connections with local businesses and providing students with career counseling, exploration, internship placements, job shadowing, mentorship, and workforce development opportunities.



Image of MOHELA's Contributions to Missouri from 2020 to 2024. Over $46 Million was given through scholarships, grants, and interest-free loan programs.