🏠VA Loan Service Report Information Collection Notice
In compliance with the Paperwork Reduction Act (PRA) of 1995, this notice announces that the Veterans Benefits Administration, Department of Veterans Affairs, will submit the collection of information abstracted below to the Office of Management and Budget (OMB) for review and comment. The PRA submission describes the nature of the information collection and its expected cost and burden, and it includes the actual data collection instrument.
Learn More🎓RFI on Common Manual for Federal Direct Loan Program
The U.S. Department of Education (ED), office of Federal Student Aid (FSA) is interested in developing and instituting common standards to serve as a centralized, authoritative source of servicing and collections policies and procedures under the William D. Ford Federal Direct Loan (Direct Loan) Program. This initiative will complement the current performance-based contracts and is aimed at establishing a set of clear, concise, consistent, and enforceable federal standards for the operations and oversight of the Direct Loan Program, drawing lessons from the Common Manual model used for the Federal Family Education Loan (FFEL) Program. This effort is intended to promote consistency, transparency, and effectiveness across all post-disbursement servicing and collections functions.
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