Competitive and Comprehensive Benefits
Why choose MOHELA? Because we offer more than just benefits! At MOHELA, you’ll have the distinction of working for a leader
in the student loan industry.
MEDICAL, DENTAL and VISION
MOHELA offers a comprehensive medical plan that includes prescription coverage for employees and their dependents. A health
savings account is available for employees to save for the future or to pay current medical expenses. We share the cost of
insurance premiums with our employees. Vision coverage is available at no cost and offers free eye exams, and discounts on
glasses and contacts. Dental insurance offers preventive care, dental work, and orthodontics (for dependent children) at various
coverage percentages. MOHELA offers an incentive for employees who waive MOHELA’s medical plan and obtain medical coverage with
another group medical plan.
EARNED TIME OFF
And the clock starts now! Time off begins to build when your employment starts. We observe 6 holidays a year: New Year’s Day, Memorial
Day, Fourth of July, Labor Day, Thanksgiving and Christmas. We also offer 4 Personal Holidays for you to use!
You will receive at least 17 days of available time off in Personal Time Off (PTO) and Vacation benefits. The days roll over from year to
year, if unused.
Family is very important to MOHELA. Birth and adoption time off benefits are also available to employees.
One of MOHELA’s core values is education. We support helping our employees and their dependents reach their educational goals. After 3
months of employment, you can qualify for up to $12,000 per calendar year in tuition reimbursement.
401(k) MATCH UP to 8%
After you complete six months of service, MOHELA will match each dollar you contribute up to the first 8% of your salary. You can
contribute up to 50% of your annual salary. It’s simple to contribute through payroll deduction. This benefit is in addition to the
MOHELA’s Pension Plan is designed to provide a monthly income to participants who meet the plan’s retirement requirement. All
benefits are 100% funded by MOHELA – with NO cost to employees. Benefits are determined by the plan’s benefit formula, based on
years of service.
HEALTH AND WELLNESS
In addition to our comprehensive medical plan, MOHELA offers a comfortable working environment. From state of the art technology
to the chair you sit in, MOHELA offers a variety of active workspace options, including Varidesk, Under Desk Elliptical
Exerciser and Yoga Ball Desk Chairs. You can also stay healthy by visiting our on-site gym facility.
LOCATION AND WORK ENVIROMENT
MOHELA’s offices in Chesterfield and Columbia, Missouri, are located in close proximity to nearby shopping, restaurants, schools, county
parks and public transportation. Both are located near interstate highways, to allow for more of a direct commute.
Our federal satellite office is located in Washington, DC.
All locations offer a professional and pleasant work environment, with an exceptional team of employees.
MOHELA supports the social and economic well-being of our local communities. Through company initiatives, we support local charities
via fundraisers, participating in food drives or collecting supplies. We also established a MOHELA Cares program that supports
our own employees that may need a helping hand.