William D. Ford Federal Direct Loan (Direct Loan) Program Electronic Debit Account Application and Brochure (JH)

Forms and Documents

Document Name	Status
Form OMB N0. 1845-0040 William D. Ford Federal Direct Loan (Direct Loan) Program Electronic Debit Account Application and Brochure (JS) Form and Instruction	Modified
Supporting Statement.doc Supporting Statement A	2008-03-31

IC Document Collections

IC ID	Document Title	Status
22262	William D. Ford Federal Direct Loan (Direct Loan) Program Electronic Debit Account Application and Brochure (JS) Form and Instruction	Modified

ICR Details

OMB Control No: 1845-0040	ICR Reference No: 200803-1845-005
Status: Historical Active	Previous ICR Reference No: 200502-1845-001
Agency/Subagency: ED/FSA	Agency Tracking No: 3584
Title: William D. Ford Federal Direct Loan (Direct Loan) Program Electronic Debit Account Application and Brochure (JH)
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: 05/14/2008
	Date Received in OIRA: 04/10/2008
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	05/31/2011	36 Months From Approved	05/31/2008
Responses	251,129	0	234,700
Time Burden (Hours)	8,363	0	7,816
Cost Burden (Dollars)	0	0	0

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Abstract: The EDA Application serves as the means by which a Direct Loan borrower requests and authorizes the automatic debiting of monthly student loan payments from the borrower's checking or savings account, or authorizes the debiting of an individual loan payment from the borrower's checking or savings account.

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Authorizing Statute(s): US Code: 20 USC 1087a 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
60-day Notice:	Federal Register Citation:	Citation Date:
	73 FR 7269	02/07/2008
30-day Notice:	Federal Register Citation:	Citation Date:
	70 FR 19493	04/10/2008
Did the Agency receive public comments on this ICR? No

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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 (Direct Loan) Program Electronic Debit Account Application and Brochure (JS)	OMB N0. 1845-0040	Direct Loan Program EDA Application

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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	251,129	234,700	0	16,429	0	0
Annual Time Burden (Hours)	8,363	7,816	0	547	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: ED is reporting an upward adjustment of 547 hours due to an increase in the number of borrowers entering repayment each year and because more borrowers are choosing to make loan payments through the EDA or Make a Payment options.

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Annual Cost to Federal Government: $383,400

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

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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: 04/10/2008

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