William D. Ford Federal Direct Loan Program Repayment Plan Selection Form

Forms and Documents

Document Name	Status
William D. Ford Federal Direct Loan Program Repayment Plan Selection Form Form and Instruction	Modified
83C.pdf Justification for No Material/Nonsubstantive Change	2012-11-27

IC Document Collections

IC ID	Document Title	Status
22174	William D. Ford Federal Direct Loan Program Repayment Plan Selection Form Form and Instruction	Modified

ICR Details

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
	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

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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.

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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

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments

Did the Agency receive public comments on this ICR? Yes

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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

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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:

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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

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Common Form ICR:  No

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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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