Options to Postpone Repayment
Deferments
Deferments may be available in the following circumstances. Additional eligibility criteria and requirements may
apply. To determine if you qualify, please call us at 877.292.7470.
1 Based on the date of your loan agreement.
Forbearance
Forbearance may be available in the following circumstances. Additional eligibility criteria and requirements may
apply. To determine if you qualify, please call us at 877.292.7470.
Reduced Repayment Options
Reduced repayment options may be available in the following circumstances. Additional eligibility criteria and requirements may apply. To
determine if you qualify, please call us at 877.292.7470.
1 Based on the date of your loan agreement.
Important Information - Repayment Options may be approved at the discretion of either SoFi
or MOHELA, depending on permissions granted by SoFi. An approval or denial notification will be provided by MOHELA. For approved Repayment
Options, unpaid accrued interest may be capitalized at the end of any Repayment Option.
Customers who were residing in the states of Michigan, Minnesota, Missouri and Washington at the time the loan was originated will not have
interest capitalized on the Anticipated Cap Date.
SoFi members utilizing the following repayment options will not have interest capitalize at the end of the deferred period:
Loan Modification
A Maturity Extension Loan Modification may be available if you are experiencing financial hardship. Loan modifications are a one-time
permanent restructuring of the debt to lower future payments. Additional eligibility criteria and requirements may apply. To determine
if you qualify, please call us at 877.292.7470.