Federal Perkins Loan Program Regulations and General Provision Regulations

ICR 201302-1845-002

OMB: 1845-0019

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2012-09-17
ICR Details
1845-0019 201302-1845-002
Historical Active 201101-1845-002
ED/FSA 4859
Federal Perkins Loan Program Regulations and General Provision Regulations
Revision of a currently approved collection   No
Regular
Approved without change 02/22/2013
Retrieve Notice of Action (NOA) 02/22/2013
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
10/31/2015 36 Months From Approved 04/30/2014
11,486,794 0 11,486,761
6,208,288 0 6,208,316
0 0 0

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.

US Code: 20 USC 1087aa Name of Law: Higher Education Act of 1965, as amended
  
None

1840-AD05 Final or interim final rulemaking 77 FR 66088 11/01/2012

No

  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
No
Yes
Changing Regulations
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.

$0
No
No
No
No
No
Uncollected
Dan Klock 202 377-4026

  No

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:
 
 
 
 
 
 
 
    (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;
 
 
 
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.
09/17/2012


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