View Information Collection Request (ICR) Package
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Please note that the OMB number and expiration date may not have been determined when this Information Collection Request and associated Information Collection forms were submitted to OMB. The approved OMB number and expiration date may be found by clicking on the Notice of Action link below.
View ICR - OIRA Conclusion
OMB Control No:
1845-0014
ICR Reference No:
200707-1845-001
Status:
Historical Active
Previous ICR Reference No:
200410-1845-003
Agency/Subagency:
ED/FSA
Agency Tracking No:
3404
Title:
William D. Ford Federal Direct Loan Program Repayment Plan Selection Form
Type of Information Collection:
Revision of a currently approved collection
Common Form ICR:
No
Type of Review Request:
Regular
OIRA Conclusion Action:
Approved without change
Conclusion Date:
08/28/2007
Retrieve Notice of Action (NOA)
Date Received in OIRA:
07/10/2007
Terms of Clearance:
Approved contigent on the following terms: If Federal Student Aid cannot implement this provision by September 9 they must (a) inform OMB of the delay and (b) provide a plan with detailed timeline by which they will implement these provisions no later than the end of September.
Inventory as of this Action
Requested
Previously Approved
Expiration Date
08/31/2010
36 Months From Approved
11/30/2007
Responses
331,000
0
971,000
Time Burden (Hours)
109,230
0
320,430
Cost Burden (Dollars)
0
0
0
Abstract:
Borrowers who receive loans through the William D. Ford Federal Direct Loan Program may use this form to select a repayment plan or to change repayment plans for their loans.
Authorizing Statute(s):
US Code:
20 USC 1087e(d)
Name of Law: Higher Education Act of 1965, as amended
PL:
Pub.L. 109 - 171 8008(b)
Name of Law: Higher Education Reconciliation Act of 2005
Citations for New Statutory Requirements:
None
Associated Rulemaking Information
RIN:
Stage of Rulemaking:
Federal Register Citation:
Date:
Not associated with rulemaking
Federal Register Notices & Comments
60-day Notice:
Federal Register Citation:
Citation Date:
71 FR 45666
08/09/2006
30-day Notice:
Federal Register Citation:
Citation Date:
72 FR 37520
07/10/2007
Did the Agency receive public comments on this ICR?
No
Number of Information Collection (IC) in this ICR:
1
IC Title
Form No.
Form Name
William D. Ford Federal Direct Loan Program Repayment Plan Selection Form
ICR Summary of Burden
Total Approved
Previously Approved
Change Due to New Statute
Change Due to Agency Discretion
Change Due to Adjustment in Estimate
Change Due to Potential Violation of the PRA
Annual Number of Responses
331,000
971,000
0
0
-640,000
0
Annual Time Burden (Hours)
109,230
320,430
0
0
-211,200
0
Annual Cost Burden (Dollars)
0
0
0
0
0
0
Burden increases because of Program Change due to Agency Discretion:
No
Burden Increase Due to:
Burden decreases because of Program Change due to Agency Discretion:
No
Burden Reduction Due to:
Short Statement:
There a decrease due to a refinement in the method used to estimate the number of respondents. In addition, the number of borrowers completing the Repayment Plan Selection form has decreased.
Annual Cost to Federal Government:
$718,184
Does this IC contain surveys, censuses, or employ statistical methods?
No
Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002?
No
Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]?
Uncollected
Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]?
Uncollected
Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)?
Uncollected
Is this ICR related to the Pandemic Response?
Uncollected
Agency Contact:
Jon Utz 202 377-4040
Common Form ICR:
No
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(a) It is necessary for the proper performance of agency functions;
(b) It avoids unnecessary duplication;
(c) It reduces burden on small entities;
(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;
(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;
(f) It indicates the retention periods for recordkeeping requirements;
(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.
(i) It uses effective and efficient statistical survey methodology (if applicable); and
(j) It makes appropriate use of information technology.
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
Certification Date:
07/10/2007
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