Income Contingent Repayment Plan Consent to Disclosure of Tax Information

ICR 199605-1840-004

OMB: 1840-0699

Federal Form Document

Forms and Documents
Document
Name
Status
No forms / supporting documents in this ICR. Check IC Document Collections.
IC Document Collections
ICR Details
1840-0699 199605-1840-004
Historical Active 199410-1840-007
ED/OPE
Income Contingent Repayment Plan Consent to Disclosure of Tax Information
Revision of a currently approved collection   No
Regular
Approved without change 06/12/1996
Retrieve Notice of Action (NOA) 05/28/1996
Approved as amended by ED's memoranda to OMB of 6/10/96 and 6/11/96.
  Inventory as of this Action Requested Previously Approved
06/30/1999 06/30/1999 10/31/1997
235,288 0 12,350
47,058 0 2,470
75,292,000 0 0

This form is the means by which a William D. Ford Federal Direct Loan Program borrower (and, if married, the borrower's spouse) choosing to repay under the income Contingent Repayment Plan provides written consent to the disclosure of certain tax return information by the Internal Revenue Service to the Department of Education and its agents for the purpose of calculating the borrower's monthly repayment amount.

None
None


No

1
IC Title Form No. Form Name
Income Contingent Repayment Plan Consent to Disclosure of Tax Information

  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 235,288 12,350 0 222,938 0 0
Annual Time Burden (Hours) 47,058 2,470 0 44,588 0 0
Annual Cost Burden (Dollars) 75,292,000 0 0 75,292,000 0 0
Yes
No

$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected

  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:
 
 
 
 
 
 
 
    (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;
 
 
 
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.
05/28/1996


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