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ED/OPE RIN: 1840-AD05 Publication ID: 2012 
Title: Federal Perkins Loan Program, Federal Family Education Loan Program, and William D. Ford Federal Direct Loan Program 
Abstract: The Secretary amends the Federal Perkins Loan (Perkins Loan) program, Federal Family Education Loan (FFEL) program, and William D. Ford Federal Direct Loan (Direct Loan) program regulations. The regulations would implement a new Income Contingent Repayment (ICR) plan in the Direct Loan program based on the President's "Pay As You Earn" repayment initiative, incorporate recent statutory changes to the Income Based Repayment (IBR) plan in the Direct Loan and FFEL programs, and streamline and add clarity to the total and permanent disability discharge process for borrowers in the title IV, HEA loan programs. The regulations implementing a new ICR Plan and the statutory changes to the IBR plan would assist borrowers in repaying their loans while the proposed changes to the total and permanent disability discharge process would reduce burden for borrowers who are disabled and seeking a discharge of their title IV debt. 
Agency: Department of Education(ED)  Priority: Economically Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: Yes  Unfunded Mandates: No 
CFR Citation: 34 CFR ch VI     (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: 20 USC 1070a    20 USC 1071 to 1087-4    20 USC 1087a to 1087j    20 USC 1098e    PL 111-152   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  07/17/2012  77 FR 42085   
NPRM Comment Period End  08/06/2012 
Final Action  11/01/2012  77 FR 66088   
Additional Information: Includes Retrospective Review under E.O. 13563.
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
Public Comment URL: www.regulations.gov  
RIN Data Printed in the FR: No 
Agency Contact:
David Bergeron
Department of Education
Office of Postsecondary Education
Room 8022, 1990 K Street NW.,
Washington, DC 20006
Phone:202 502-7815
Email: david.bergeron@ed.gov