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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