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.

  • In-School1 - You are enrolled at least half time at an eligible school for the purpose of obtaining a graduate degree.

  • Disability Rehabilitation Training - You are enrolled in an approved full-time disability rehabilitation program.

  • Unemployment1 - You have lost your job through no fault of your own.

  • Economic Hardship1 - You are experiencing financial hardship such as (but not limited to): medical expenses, medical leave from work, relocation for employment purposes, damage expenses to your home or automobile (not regular wear and tear), and legal fees.

  • Military - You are serving on active duty during a war or other military operation or national emergency, or performing qualifying National Guard duty during a war or other military operation or national emergency.

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.

  • Unemployment1 - You have lost your job through no fault of your own

  • Economic Hardship1 - You are experiencing financial hardship such as (but not limited to): medical expenses, medical leave from work, relocation for employment purposes, damage expenses to your home or automobile (not regular wear and tear), and legal fees.

  • Military Mobilization - If you are involved in a Military Mobilization which is not covered under the Military Deferment option.

  • Natural Disaster - If your ZIP code of residence is declared as an Individual Assistance zone by FEMA due to a natural disaster.

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.