Federal Perkins Loan Program Regulations and General Provision Regulations

Forms and Documents

Document Name	Status
FINAL REG 1845-0019 v 6 SuppStatment 08.29.2012.docx Supporting Statement A	2012-09-17

IC Document Collections

IC ID	Document Title	Status
196067	Federal Perkins Loan Program Regulations and General Provision Regulations State, Local, Tribal Burden	Unchanged
196064	Federal Perkins Loan Program Regulations and General Provisions Individual & Household Burden	Unchanged
182411	Federal Perkins Loan Program Regulations and General Provisions Private Sector	Unchanged

ICR Details

OMB Control No: 1845-0019	ICR Reference No: 201302-1845-002
Status: Historical Active	Previous ICR Reference No: 201101-1845-002
Agency/Subagency: ED/FSA	Agency Tracking No: 4859
Title: Federal Perkins Loan Program Regulations and General Provision Regulations
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: 02/22/2013
	Date Received in OIRA: 02/22/2013
Terms of Clearance: Pre-approval contingent upon no substantive changes to this collection after adoption of the final rule. Otherwise this collection should be re-submitted to OMB for review.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	10/31/2015	36 Months From Approved	04/30/2014
Responses	11,486,794	0	11,486,761
Time Burden (Hours)	6,208,288	0	6,208,316
Cost Burden (Dollars)	0	0	0

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Abstract: This request is for approval of the proposed reporting requirements that are contained in the Federal Perkins Loan Program regulations. Under the proposed regulations, when Perkins borrowers contact the participating institution regarding a Total and Permanent Disability discharge, the institution would be required to refer the borrower to the Department rather than providing the forms and additional information to the borrower, which will decrease burden. The proposed purpose of this submission is to also renew this collection for the next three year period. The proposed information collection requirements are necessary to determine eligibility to receive program benefits and to prevent fraud and abuse of program funds.

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Authorizing Statute(s): US Code: 20 USC 1087aa 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:
1840-AD05	Final or interim final rulemaking	77 FR 66088	11/01/2012

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Federal Register Notices & Comments

Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 3

IC Title	Form No.	Form Name
Federal Perkins Loan Program Regulations and General Provisions Private Sector
Federal Perkins Loan Program Regulations and General Provisions Individual & Household Burden
Federal Perkins Loan Program Regulations and General Provision Regulations State, Local, Tribal Burden

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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	11,486,794	11,486,761	0	33	0	0
Annual Time Burden (Hours)	6,208,288	6,208,316	0	-28	0	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: Yes

Burden Reduction Due to: Changing Regulations

Short Statement: The final regulations will reduce burden by 28 hours. Institutions participating in the Perkins Loan program will no longer provide the forms to borrowers seeking a Total and Permanent Disability (TPD) discharge. The institution would instead refer the borrower to the Department who will provide the applicable discharge form to the applicant. Therefore, we estimate that burden will be reduced by 28 hours.

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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: 09/17/2012

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