Can I consolidate my student loans with MOHELA?

Asked a year ago
Yes, you can consolidate your student loans with MOHELA. Consolidating your loans with MOHELA can be a smart financial move that simplifies your repayment process. MOHELA offers a federal Direct Consolidation Loan program, allowing you to combine multiple federal student loans into one loan with a fixed interest rate. This consolidation option can lower your monthly payments by extending the repayment term, making it more manageable. It also provides you with a single monthly payment instead of multiple ones. Moreover, MOHELA offers various repayment plans, including income-driven options, which can further assist you in tailoring your repayment strategy to your financial circumstances. Consolidating your student loans with MOHELA is a convenient and beneficial way to manage and repay your educational debt efficiently.
Adam Goldkamp is the editor / author responsible for this content.
Answered May 3, 2024

Need further help?

Type out your followup or related question and we will get you an answer right away.

Need to call MOHELA?

If you need to call MOHELA customer service, now that you have the answers that you needed, click the button below. You can either call them on your phone or use our free AI-powered phone to dial for you, get a rep for you, and more.
Call MOHELA

MOHELA

Find a list of many popular MOHELA questions with answers or step by step guides on our FAQ page below. Or ask a whole new question and get an answer right away.
Call MOHELAMOHELA Customer Service FAQAsk a Question
Was this page helpful?YesNeeds work
Sharing is what powers GetHuman's free customer service contact information and tools. You can help!