[Federal Register Volume 88, Number 93 (Monday, May 15, 2023)]
[Notices]
[Page 30956]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-10305]


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DEPARTMENT OF EDUCATION

[Docket No.: ED-2023-SCC-0041]


Agency Information Collection Activities; Submission to the 
Office of Management and Budget for Review and Approval; Comment 
Request; Loan Rehabilitation: Reasonable and Affordable Payments

AGENCY: Federal Student Aid (FSA), Department of Education (ED).

ACTION: Notice.

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SUMMARY: In accordance with the Paperwork Reduction Act (PRA) of 1995, 
the Department is proposing an extension without change of a currently 
approved information collection request (ICR).

DATES: Interested persons are invited to submit comments on or before 
June 14, 2023.

ADDRESSES: Written comments and recommendations for proposed 
information collection requests should be submitted within 30 days of 
publication of this notice. Click on this link www.reginfo.gov/public/do/PRAMain to access the site. Find this information collection request 
(ICR) by selecting ``Department of Education'' under ``Currently Under 
Review,'' then check the ``Only Show ICR for Public Comment'' checkbox. 
Reginfo.gov provides two links to view documents related to this 
information collection request. Information collection forms and 
instructions may be found by clicking on the ``View Information 
Collection (IC) List'' link. Supporting statements and other supporting 
documentation may be found by clicking on the ``View Supporting 
Statement and Other Documents'' link.

FOR FURTHER INFORMATION CONTACT: For specific questions related to 
collection activities, please contact Beth Grebeldinger, 202-377-4018.

SUPPLEMENTARY INFORMATION: 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: An extension without change of a currently approved 
ICR.
    Respondents/Affected Public: Individuals and households.
    Total Estimated Number of Annual Responses: 139,000.
    Total Estimated Number of Annual Burden Hours: 139,000.
    Abstract: Borrowers who have defaulted on their Direct Loan or FFEL 
Program loans may remove those loans from default through a process 
called rehabilitation. Loan rehabilitation requires the borrower to 
make 9 payments within 10 months. The payment amount is set according 
to one of two formulas. The second of the two formulas use the 
information that is collected in this form. The form makes it easier 
for borrowers to complete through simplified language, and easier for 
loan holders through a uniform, common format.

    Dated: May 10, 2023.
Kun Mullan,
PRA Coordinator, Strategic Collections and Clearance, Governance and 
Strategy Division, Office of Chief Data Officer, Office of Planning, 
Evaluation and Policy Development.
[FR Doc. 2023-10305 Filed 5-12-23; 8:45 am]
BILLING CODE 4000-01-P