Federal Register #ED-2026-SCC-1222

Request for Comment: Revision of Direct Loan Program Promissory Notes and Forms

This opportunity is a request for public comment from the Department of Education regarding a proposed revision to the information collection for the William D. Ford Federal Direct Loan Program promissory notes and related forms. - Government Buyer: - Department of Education - Office of Federal Student Aid - Purpose: - Seeking feedback on revisions to the information collection process for Direct Loan Program promissory notes and forms - Revision aligns forms with statutory changes from the One Big Beautiful Bill Act (OBBBA) - Scope: - Affects private sector, state, local, and tribal governments, as well as individuals and households - Estimated 12,422,843 annual responses and 6,211,424 burden hours - Notable Details: - No OEMs or vendors are involved, as this is not a procurement of products or services - Focus is on the necessity, accuracy, and burden of the collection, and suggestions for improvement - Unique Requirements: - Comments are requested on the information collection's necessity, accuracy, and ways to minimize burden

Description

The Department of Education is proposing a revision of a currently approved information collection request (ICR) related to the William D. Ford Federal Direct Loan Program promissory notes and related forms. This revision aligns the promissory note with statutory changes made by the One Big Beautiful Bill Act (OBBBA) effective July 1, 2026, impacting borrower eligibility, terms, conditions, and rights. The collection involves private sector, state, local, tribal governments, and individuals, with an estimated 12,422,843 annual responses and 6,211,424 burden hours. Public comments are invited until July 27, 2026.

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