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:
201211-1845-004
Status:
Historical Active
Previous ICR Reference No:
201104-1845-001
Agency/Subagency:
ED/FSA
Agency Tracking No:
1395.20
Title:
William D. Ford Federal Direct Loan Program Repayment Plan Selection Form
Type of Information Collection:
No material or nonsubstantive change to a currently approved collection
Common Form ICR:
No
Type of Review Request:
Regular
OIRA Conclusion Action:
Approved without change
Conclusion Date:
12/07/2012
Retrieve Notice of Action (NOA)
Date Received in OIRA:
11/27/2012
Terms of Clearance:
Inventory as of this Action
Requested
Previously Approved
Expiration Date
11/30/2013
11/30/2013
11/30/2013
Responses
660,000
0
660,000
Time Burden (Hours)
110,220
0
217,800
Cost Burden (Dollars)
0
0
0
Abstract:
the Department has undertaken to streamline and simplify the application process for all repayment plans, but in particular the income-driven repayment plans, which include the Income-Based Repayment plan, the Income-Contingent Repayment plan, and the newly regulated Pay As You Earn repayment plan. When the Department set out to combine and streamline the application process for the selection of income-driven repayment plans, our intent was to remove as much language as possible from the Direct Loan Repayment Plan Selection Form (1845-0014) relating to those plans, and place it exclusively in 1845-0102. This was to ensure that borrowers would only need to submit one form to request a repayment plan for all of their eligible loans. Indeed, when the Department submitted the Department specifically called out that burden with 1845-0102 was appearing to increase because it was "being combined with 1845-0014 to the extent that it contained information regarding" income-driven plans. This information was also reflected in the Supporting Statement that was made available to the public. Therefore, the Department specifically solicited public comment on our approach to 1845-0014. The public has had the opportunity to comment on the proposal, no comments have been received to date, and no comments are expected.
Authorizing Statute(s):
US Code:
20 USC 1087e(d)
Name of Law: Higher Education Act of 1965, as amended
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
Did the Agency receive public comments on this ICR?
Yes
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
NA, N/A
Direct Loan Repayment Plan Selection
,
The Tepayment 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
660,000
660,000
0
0
0
0
Annual Time Burden (Hours)
110,220
217,800
0
0
-107,580
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:
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]?
Yes
Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]?
No
Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)?
No
Is this ICR related to the Pandemic Response?
Uncollected
Agency Contact:
Ian foss 202 275-4552
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:
11/27/2012
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