Loan Rehabilitation: Reasonable and Affordable Payments

OMB 1845-0120

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 uses 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.

The latest form for Loan Rehabilitation: Reasonable and Affordable Payments expires 2023-06-30 and can be found here.

Latest Forms, Documents, and Supporting Material

Document Name
Loan Rehabilitation: Reasonable and Affordable Payments Form Form and Instruction
1845-0120 60-Day Comment Response Table 20230509.docx Supplementary Document
1845-0120 Supporting Statement A 30D 2023.docx Supporting Statement A
Loan Rehabilitation: Reasonable and Affordable Payments Form Form and Instruction

All Historical Document Collections

202302-1845-002 Approved without change	Extension without change of a currently approved collection	2023-05-15
202001-1845-005 Approved without change	Extension without change of a currently approved collection	2020-04-02
201612-1845-011 Approved without change	Revision of a currently approved collection	2017-03-09
201402-1845-005 Approved without change	New collection (Request for a new OMB Control Number)	2014-02-20
201307-1845-006 Comment filed on proposed rule	New collection (Request for a new OMB Control Number)	2013-07-30