19 May 2025
📚Revision of Borrower Defense to Loan Repayment Forms Announced
Agency Information Collection Activities; Submission to the Office of Management and Budget for Review and Approval; Comment Request; Borrower Defense to Loan Repayment Universal Forms
Summary
In accordance with the Paperwork Reduction Act (PRA) of 1995, the Department is proposing a revision of a currently approved information collection request (ICR).
Agencies
- Education Department
Business Impact
$$ - Med
The notice involves a revision of the information collection related to Borrower Defense to Loan Repayment, which impacts businesses associated with higher education and student loans. It outlines requirements for compliance that could influence financial institutions and educational institutions dealing with loan repayment claims.