83C Change Sheet

PAPERWORK REDUCTION ACT

CHANGE WORKSHEET

ED/FSA		OMB Control Number 1 8 4 5 - 0 0 1 4
	Enter only items that change Current Record	New Record
Agency form number(s)
Annual reporting and record keeping hour burden
Number of respondent	331,000	331,000
Total annual responses	331,000	331,000
Percent of these responses collected electronically	6%	6%
Total annual hours	109,230	109,230
Difference
Explanation of difference
Program change adjustment
Annual reporting and record keeping cost burden (in thousands of dollars)
Total annualized capital/startup costs	0	0
Total annual costs (O&M)	0	0
Total annualized cost requested	0	0
Difference
Explanation of difference
Program change adjustment
Other change** Slight changes made to 1845-0014 are to include references to the Income-Based Repayment (IBR) Plan, which is mandated by the College Cost Reduction and Access Act (CCRAA) that makes IBR effective on July 1, 2009. The October 23, 2008, regulations implemented the IBR Plan that was established by the CCRAA. This second, follow-up 83-C request dated July 21, 2009, is to fix some typos regarding the accrual and capitalization information on forbearances issued for IBR borrowers, to eliminate potential confusion about forbearance options for ICR borrowers, and to clarify references to eligible and ineligible loans for IBR. We do not expect any burden increase at this time for 0014. Roughly the same population of borrowers is involved, and no new collection of data is being requested from the borrower via this form.
Signature of Senior Official or designee:	Date:	For OIRA Use _________________________________ _________________________________

**This form cannot be used to extend an expiration date

OMB 83-C