William D. Ford Federal Direct Loan Program (DL) Regulations - Servicemembers Civil Relief Act (SCRA)

Forms and Documents

Document Name	Status
Att_30 Day FR Notice 1845-0094.pdf Supplementary Document	2012-11-26
Revised 1845 0094 v2 suppstatptA 30 day comment period 1 31 2013.docx Supporting Statement A	2013-01-31

IC Document Collections

IC ID	Document Title	Status
190880	William D. Ford Federal Direct Loan Program (DL)-State, Local, and Tribal Gov't Other-Table	Removed
190879	William D. Ford Federal Direct Loan Program (DL)-Private Sector Other-Table	Removed
190876	William D. Ford Federal Direct Loan Program (DL)- Individuals	Modified

ICR Details

OMB Control No: 1845-0094	ICR Reference No: 201211-1845-003
Status: Historical Active	Previous ICR Reference No: 200910-1845-001
Agency/Subagency: ED/FSA	Agency Tracking No: 1458.04
Title: William D. Ford Federal Direct Loan Program (DL) Regulations - Servicemembers Civil Relief Act (SCRA)
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved with change	Conclusion Date: 01/31/2013
	Date Received in OIRA: 11/26/2012
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	01/31/2016	36 Months From Approved	01/31/2013
Responses	2,723	0	4,500
Time Burden (Hours)	681	0	743
Cost Burden (Dollars)	1,234	0	0

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Abstract: Upon a loan holder's receipt of a written request from a borrower and a copy of the borrower's military orders, the regulations at 34 CFR 685.202 provide that the maximum interest rate (as defined in 50 U.S.C. 527, App. Section 207 (d)) that may be charged on Federal Family Education Loan (FFEL) Program loans made prior to the borrower entering active duty status is six percent while the borrower is on active duty status. This request is for an extension of the approved recordkeeping requirements contained in the regulations related to the administrative requirements of the Direct Loan Program.

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Authorizing Statute(s): US Code: 20 USC 1078 Name of Law: Higher Education Act of 1965, as amended
   US Code: 20 USC 1087-1 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:
	77 FR 58818	09/24/2012
30-day Notice:	Federal Register Citation:	Citation Date:
	77 FR 70422	11/26/2012
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 Program (DL)- Individuals
William D. Ford Federal Direct Loan Program (DL)-Private Sector
William D. Ford Federal Direct Loan Program (DL)-State, Local, and Tribal Gov't

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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	2,723	4,500	0	-2,250	473	0
Annual Time Burden (Hours)	681	743	0	-180	118	0
Annual Cost Burden (Dollars)	1,234	0	0	0	1,234	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: Yes

Burden Reduction Due to: Miscellaneous Actions

Short Statement: This request is to extend the current information collection. There has been no revision to the required recordkeeping to assure accurate application of the Servicemembers Civil Relief Act interest rate calculation. The changes to the burden hour estimates are a result of an decrease in the number of servicemembers who have requested relief under this regulation.

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Annual Cost to Federal Government: $0

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]? No

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: 11/26/2012

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