Federal Register #ED2026SCC1222

Department of Education seeks public comment on revision to Direct Loan Program promissory notes and forms

The Department of Education's Federal Student Aid (FSA) office is seeking public comment on proposed revisions to the William D. Ford Federal Direct Loan Program promissory notes and related forms. - Government Buyer: - Department of Education - Federal Student Aid (FSA) office - Purpose: - Update information collection to align with statutory changes from the One Big Beautiful Bill Act (OBBBA) and recent court decisions - Ensure promissory notes and forms reflect new borrower eligibility, loan terms, and borrower rights - Scope: - Affects individuals, households, private sector entities, and state, local, and tribal governments - Seeks feedback to minimize reporting burden - Notable Details: - No products, OEMs, or vendors are being procured - This is an information collection activity, not a solicitation for goods or services - Public comments are requested to assess the impact of the proposed changes

Description

This notice from the Department of Education announces a proposed revision to the currently approved information collection request related to the William D. Ford Federal Direct Loan Program promissory notes and related forms. The revision aligns the promissory note with recent statutory changes made by the One Big Beautiful Bill Act (OBBBA) and court actions affecting borrower eligibility and loan terms. The Department invites public comments on the proposed changes by June 8, 2026, to assess the impact and minimize reporting burden. The collection affects individuals, private sector, and government entities involved with the Direct Loan Program.

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