Federal Student Aid announces the availability of the Loan Rehabilitation Income and Expense Information form for use by participants in the Direct Loan and Federal Family Education Loan (FFEL) programs.
The Office of Management and Budget (OMB) has approved the attached Loan Rehabilitation Income and Expense Information form under OMB Control Number 1845-0120. The expiration date of the form is June 30, 2023 and replaces the previous version of the form with an expiration date of May 31, 2020.
Guaranty Agencies may begin using the attached OMB-approved form immediately. The previous version of form with the expiration date May 31, 2020 may continue to be distributed until December 31,2020. Beginning January 1, 2021, only the revised form may be distributed. However, the previous version of the form may continue to be accepted after January 1, 2021. No substantive changes were made to the form.
The form is provided only in PDF format. Guaranty agencies are responsible for ensuring that the form they use is the form approved by OMB. No changes may be made to the form except as expressly provided below.
The form must be printed with black ink on white paper. The typeface, point size, and general presentation of the form may not be changed from the version approved by OMB. Any blank spaces at the top, bottom, or sides of the form may be used for bar coding or other information. In addition, contact and submission information can be pre-populated in the section of the form designed for that purpose.