Once your Private Student Loan has been approved, and the final disbursement has occurred, you can set-up and or adjust autopay via your online profile at www.sofi.MOHELA.com.
More Information: There is no payment due until the loan is fully disbursed. Once the loan is fully disbursed you can sign up for autopay.
To set-up autopay please follow these simple steps:
- Go to www.sofi.MOHELA.com and 'Log in' to your account
- From the 'Payment Tools' drop-down select 'Auto pay.'
- On the 'Autopay Information' screen click 'Enroll Now.'
- Read and E-sign the Disclosure and Consent form. Select the box and click 'Continue.'
- Modify Member information if necessary by selecting 'Modify Profile.
- Enter bank information, complete all fields, and click 'Continue.'
- Agree to terms, enter your name, your sofi.mohela.com password, and click 'Continue.'
- Your autopay request is complete!
Important: The approval process may take one to two billing cycles. Please continue to make manual payments until you receive confirmation that your request has been approved.