MOHELA Provides Updates on Federal Student Loan Repayment Plans, Confirms SAVE Plan Ending

AI-generated NewsSnap summary based on source reporting.
Published: 2026-11-11
Category: education
Source: MOHELA - Federal Student Aid

MOHELA, a federal student loan servicer, has updated its website to inform borrowers about significant changes to federal student loan repayment plans, including the availability of new options like the Repayment Assistance Plan (RAP) and Tiered Standard Plan effective July 1, 2026. The update also confirms the ending of the Saving on a Valuable Education (SAVE) Plan due to a court order on March 10, 2026, advising impacted borrowers to select new repayment plans.

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