Federal Direct Loan Program: Extension of Information Collection for Forbearance and Loan Rehabilitation Regulations

The U.S. Department of Education has published a notice under the Paperwork Reduction Act (PRA) of 1995 proposing to extend, without any changes, an existing and currently approved Information Collection Request (ICR) related to the Federal Direct Loan Program. The ICR specifically covers regulations governing forbearance — a temporary postponement or reduction of loan payments — and loan rehabilitation, which is a process that allows borrowers who have defaulted on their federal student loans to restore their loans to good standing. This is a routine administrative action requiring public comment before the Office of Management and Budget (OMB) can approve the extension. No substantive policy changes are being introduced; the Department is simply seeking continued authorization to collect the information already required under existing regulations. The notice invites the public and affected stakeholders to submit comments on the burden, necessity, and utility of the information being collected. Forbearance and rehabilitation processes require borrowers to submit specific documentation and requests to their loan servicers, and this ICR captures the paperwork burden associated with those submissions. The extension ensures the Department remains in compliance with PRA requirements, which mandate periodic renewal of all federally approved information collections.

AI-generated summary. May contain errors. Refer to official sources for legal decisions.