Edu Dept Fine-Tunes Third-Party Loan Data Requests
Published Date: 12/29/2025
Notice
Summary
The Department of Education wants to update how it collects info from companies that help manage student loans. If you’re involved with these third-party servicers, this change might affect you by asking for new or different data. You’ve got until February 27, 2026, to share your thoughts, and this update aims to keep things smooth without adding extra costs or hassle.
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
New Data Request for Loan Servicers
If you run a company that helps manage federal student loans (a third-party servicer), the Department of Education is revising the Third Party Servicer Data form and may ask for new or different information. The notice estimates 75 annual responses and a total of 48 annual burden hours for this collection; public comments are due on or before February 27, 2026.
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Key Dates
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Previous / Next Documents
Previous: 2025-23906, Agency Information Collection Activities; Comment Request; DCIA Aging and Compliance Data Requirements for Guaranty Agencies
The Department of Education wants to keep collecting important data from guaranty agencies that help manage student loans, without changing the current process. This affects those agencies and anyone interested can share their thoughts by February 27, 2026. No new costs or changes are planned, just a smooth extension to keep things running.
Next: 2025-23908, Proposed Information Collection Activity; Generic Program-Specific Performance Progress Report
The Administration for Children and Families wants to keep using a flexible report that helps grant recipients show how well they’re doing. This report lets different programs ask for the specific info they need without changing the main form. No big changes or extra costs are planned, but public comments are open until February 27, 2026.