Federal Register #ED-2026-SCC-1519

Department of Education Requests Public Comment on Revised Loan Rehabilitation Information Collection

The Department of Education is seeking public comment on a proposed revision to its information collection process for loan rehabilitation payments: - Government Buyer: - Department of Education, Federal Student Aid (FSA) - Purpose: - Revision of the information collection request (ICR) for determining reasonable and affordable payments for borrowers with defaulted Direct Loan (DL) or Federal Family Education Loan (FFEL) Program loans - Incorporates statutory changes from the One Big Beautiful Bill Act (OBBBA) for the 2026-27 award year - No OEMs or vendors are involved, as this is not a procurement for products or services - No products or services are being requested - Unique Requirements: - Public comment is requested on the revised information collection process - The revision reflects new statutory requirements for loan rehabilitation payment calculations

Description

The Department of Education is proposing a revision of a currently approved information collection request related to loan rehabilitation payments. This collection is used to obtain standardized financial information from borrowers with defaulted Direct Loan or Federal Family Education Loan Program loans. The information helps determine a reasonable and affordable monthly loan payment for loan rehabilitation. The revision reflects statutory changes made by the One Big Beautiful Bill Act for the 2026-27 award year. Comments are invited until July 6, 2026.

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