Publication Date
August 27, 2021
Posted Date
August 27, 2021
Subject
Comment Request: Third Party Authorization Form
FR Type
Notice
Interested parties are asked to comment on a third-party authorization form to be used by federal student loan borrowers to designate or revoke a designation of an individual or organization to represent the borrower in matters related to their federally held student loans. The form will continue to standardize the way that borrowers provide privacy act releases and authorization for a third party to take action on borrowers' federal student loan accounts held by various servicers. This will standardize processes and help borrowers and their third-party representatives when loans transfer between servicers.
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