Notice2026-08746
Agency Information Collection Activities; Comment Request; Loan Rehabilitation: Reasonable and Affordable Payments
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
May 5, 2026
Issuing agencies
Education Department
Abstract
In accordance with the Paperwork Reduction Act (PRA) of 1995, the Department is proposing revision of a currently approved information collection request (ICR).
Full Text
<html>
<head>
<title>Federal Register, Volume 91 Issue 86 (Tuesday, May 5, 2026)</title>
</head>
<body><pre>
[Federal Register Volume 91, Number 86 (Tuesday, May 5, 2026)]
[Notices]
[Pages 24213-24214]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-08746]
-----------------------------------------------------------------------
DEPARTMENT OF EDUCATION
[Docket No.: ED-2026-SCC-1519]
Agency Information Collection Activities; Comment Request; Loan
Rehabilitation: Reasonable and Affordable Payments
AGENCY: Federal Student Aid (FSA), Department of Education (ED).
ACTION: Notice
-----------------------------------------------------------------------
SUMMARY: In accordance with the Paperwork Reduction Act (PRA) of 1995,
the Department is proposing revision of a currently approved
information collection request (ICR).
DATES: Interested persons are invited to submit comments on or before
July 6, 2026.
ADDRESSES: To access and review all the documents related to the
information collection listed in this notice, please use <a href="http://www.regulations.gov">http://www.regulations.gov</a> by searching the Docket ID number ED-2026-SCC-1519.
Comments submitted in response to this notice should be submitted
electronically through the Federal eRulemaking Portal at <a href="http://www.regulations.gov">http://www.regulations.gov</a> by selecting the Docket ID number or via postal
mail, commercial delivery, or hand delivery. If the <a href="http://regulations.gov">regulations.gov</a>
site is not available to the public for any reason, the Department will
temporarily accept comments at <a href="/cdn-cgi/l/email-protection#1c555f58737f777968517b6e5c7978327b736a"><span class="__cf_email__" data-cfemail="430a00072c202826370e24310326276d242c35">[email protected]</span></a>. Please include the
docket ID number and the title of the information collection request
when requesting documents or submitting comments. Please note that
comments submitted
[[Page 24214]]
after the comment period will not be accepted. Written requests for
information or comments submitted by postal mail or delivery should be
addressed to Carolyn Rose, U.S. Department of Education, Federal
Student Aid, 400 Maryland Avenue SW, Washington, DC 20202-1200.
FOR FURTHER INFORMATION CONTACT: For specific questions related to
collection activities, please contact Carolyn Rose, (202) 453-5967.
SUPPLEMENTARY INFORMATION: The Department, in accordance with the
Paperwork Reduction Act of 1995 (PRA) (44 U.S.C. 3506(c)(2)(A)),
provides the general public and Federal agencies with an opportunity to
comment on proposed, revised, and continuing collections of
information. This helps the Department assess the impact of its
information collection requirements and minimize the public's reporting
burden. It also helps the public understand the Department's
information collection requirements and provide the requested data in
the desired format. The Department is soliciting comments on the
proposed information collection request (ICR) that is described below.
The Department is especially interested in public comment addressing
the following issues: (1) is this collection necessary to the proper
functions of the Department; (2) will this information be processed and
used in a timely manner; (3) is the estimate of burden accurate; (4)
how might the Department enhance the quality, utility, and clarity of
the information to be collected; and (5) how might the Department
minimize the burden of this collection on the respondents, including
through the use of information technology. Please note that written
comments received in response to this notice will be considered public
records.
Title of Collection: Loan Rehabilitation: Reasonable and Affordable
Payments.
OMB Control Number: 1845-0120.
Type of Review: Revision of a currently approved ICR.
Respondents/Affected Public: Individuals or Households.
Total Estimated Number of Annual Responses: 139,000.
Total Estimated Number of Annual Burden Hours: 139,000.
Abstract: This is a request for an extension with change of the
information collection for the form used to obtain standardized
financial information from borrowers with defaulted Direct Loan (DL) or
Federal Family Education Loan (FFEL) Program loans. This information is
used by either the U.S. Department of Education (the Department) or a
guaranty agency to make a determination of a reasonable and affordable
monthly loan payment which if made according to the agreed schedule
would afford defaulted borrowers an opportunity for loan
rehabilitation.
The One Big Beautiful Bill Act (OBBBA) signed into law on July 4,
2025, made statutory changes that require updates to the 1845-0120 Loan
Rehabilitation: Reasonable and Affordable Payments collection. This
revision to this information collection package reflect the statutory
changes made by the OBBBA for the 2026-27 award year. The Department
plans to submit another revision to this form for public comment as
soon as practicable to make additional form changes for the
requirements that begin in the 2027-28 award year.
Ross Santy,
Chief Data Officer, Office of Planning, Evaluation and Policy
Development.
[FR Doc. 2026-08746 Filed 5-4-26; 8:45 am]
BILLING CODE 4000-01-P
</pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body>
</html>Indexed from Federal Register on May 5, 2026.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.