Loan Cancellation in the Federal Perkins Loan Program

Forms and Documents

Document	Type	Status	Availability
Supporting Statement 1845 0100 v2 30 day comment period.docx	Supporting Statement A	Uploaded 2013-01-30	Available

IC Document Collections

IC ID	Collection	Type	Status	Form
205623	Loan Cancellation in the Federal Perkins Loan Program	Other-Burden Table	New
191201	Loan Cancellation in the Federal Perkins Loan Program	Other-Burden Table	Modified
191200	Loan Cancellation for Federal Perkins Loan Program	Other-Burden Table	Modified
191192	Loan Cancellation in the Federal Perkins Loan Program	Other-Burden Table	Modified

ICR Details

OMB Control No: 1845-0100	ICR Reference No: 201301-1845-002
Status: Historical Active	Previous ICR Reference No: 200911-1845-001
Agency/Subagency: ED/FSA	Agency Tracking No: 1464.03
Title: Loan Cancellation in the Federal Perkins Loan Program
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 without change	Conclusion Date: 03/15/2013
	Date Received in OIRA: 01/31/2013
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	03/31/2016	36 Months From Approved	03/31/2013
Responses	123,022	0	117,162
Time Burden (Hours)	46,135	0	43,938
Cost Burden (Dollars)	0	0	0

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Abstract: This is a request for the renewal of the OMB approval for the recordkeeping requirements contained in 34 CFR 674.53, 674.56, 674.57, 674.58 and 674.59. The information collections in these regulations are necessary to determine Federal Perkins Loan borrower's eligibility to receive certain cancellation benefits and to prevent fraud and abuse of program funds.

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Authorizing Statute(s): US Code: 20 USC 1087ee Name of Law: Higher Education Act of 1965, as amended
   US Code: 20 USC 425 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 71584	12/03/2012
30-day Notice:	Federal Register Citation:	Citation Date:
	78 FR 6082	01/29/2013
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 4

IC Title	Form No.	Form Name
Loan Cancellation for Federal Perkins Loan Program
Loan Cancellation in the Federal Perkins Loan Program
Loan Cancellation in the Federal Perkins Loan Program
Loan Cancellation in the Federal Perkins Loan Program

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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	123,022	117,162	0	0	5,860	0
Annual Time Burden (Hours)	46,135	43,938	0	0	2,197	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: $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: 01/31/2013

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