The Missouri Family Education Loan Program (MOFELP) is a private loan program awarded on a first come, first served basis to qualified students. The annual loan limit is $5,000 with a 0% interest rate. There are no additional fees. Borrowers are responsible for a $5 monthly keep-in-touch payment while they are enrolled in school. Qualified students must meet the following criteria:

  • Be enrolled full-time
    • Exceptions - (1) students graduating and in their last semester. (2) students attending summer classes and were full-time the previous term
  • Making Satisfactory Academic Progress (SAP)
  • EFC of $20,000 or less
  • At least 17 years of age
  • U.S. citizen
  • Permanent Missouri resident
  • Not have a bachelor’s degree
  • At least 21 on ACT or 1500 on SAT; or have an overall cumulative GPA of 2.5 or higher earned at Southeast Missouri State University
    • New Freshmen and New Transfer students can now qualify with a 2.50 cumulative GPA from high school (freshman) or as a transfer GPA to Southeast – this is for the first semester immediately after the transfer. After that, the student needs to have a 2.50 at Southeast going forward.
  • Not have a conviction of fraud
  • Two-year credit history (or have a cosigner with two-year credit history)
  • Must receive annual loan limits for Federal Direct Subsidized and Unsubsidized Loans

For additional information and to request an application, visit the MOHELA website.

Academic Hall 019
Mailing Address
One University Plaza, MS 3740
Cape Girardeau, MO 63701
/ Weekdays: 9 a.m. - 4 p.m.