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Higher Education Loan Authority of the State of Missouri

Higher Education Loan Authority of the State of Missouri 2025

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The document presents the financial statements and independent auditors' reports for the Higher Education Loan Authority of the State of Missouri for the years ended June 30, 2009 and 2008. It includes management's discussion and analysis, financial statements detailing net assets, revenues, expenses, cash flows, and supplementary schedules related to federal awards. The Authority is a significant player in the student loan market with over $4.7 billion in assets and aims to ensure access to guaranteed student loans for eligible students. The report highlights changes in financial position, operating results, compliance with federal regulations, and ongoing developments affecting the Authority's operations.

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Click ‘Get Form’ to open it in the editor.
Begin by reviewing the Management’s Discussion and Analysis section, which provides an overview of the Authority's financial performance. This will help you understand the context of the form.
Fill out the Statements of Net Assets section. Enter your current assets, including cash and student loans receivable, ensuring accuracy in amounts.
Proceed to the Statements of Revenues, Expenses, and Changes in Net Assets. Input your operating revenues from interest on loans and any other income sources.
Complete the Statements of Cash Flows by detailing cash flows from operating activities, noncapital financing activities, and investing activities.
Review all entries for accuracy before saving your changes. Utilize our platform's features to highlight or annotate important sections as needed.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Is Missouri Higher Education loan the same as MOHELA?

The Higher Education Loan Authority of the State of Missouri, also known as the Missouri Higher Education Loan Authority or MOHELA is one of the largest holders and servicers of student loans in the United States. Its headquarters are in St. Louis, Missouri. Chesterfield, Missouri, U.S.

How do I know if my student loans are forgiven?

Your student loan servicer(s) will notify you directly after your forgiveness is processed. Make sure to keep your contact information up to date on StudentAid.gov and with your servicer(s). If you havent yet qualified for forgiveness, youll be able to see your exact payment counts in the future.

Will MOHELA loans be forgiven?

If you work in certain public service jobs and make 120 payments on your Direct Loan(s), you may be eligible to have your loans forgiven. If you are a teacher in a low-income school or educational service agency, you may be eligible for Teacher Loan Forgiveness.

Why is Missouri against student loan forgiveness?

Opinion: Missouri leads the charge against Bidens unconstitutional student loan forgiveness. This legal victory underscores Missouris commitment to upholding the rule of law and ensuring that executive actions do not bypass legislative processes.