William D. Ford Federal Direct Loan Program Repayment Plan Selection Form

Forms and Documents

Document	Type	Status	Availability
Form 1845-0014 William D. Ford Federal Direct Loan Program Repayment Plan Selection Form	Form and Instruction	Modified	Available
30D_FRN_1845-0014.pdf	Supplementary Document	Uploaded 2013-10-18	Repair queued
30Day_1845-0014_Supporting Statement A_20130926.docx	Supporting Statement A	Uploaded 2013-09-30	Available

IC Document Collections

IC ID	Collection	Type	Status	Form
22174	William D. Ford Federal Direct Loan Program Repayment Plan Selection Form	Form and Instruction	Modified

ICR Details

OMB Control No: 1845-0014	ICR Reference No: 201310-1845-001
Status: Historical Active	Previous ICR Reference No: 201211-1845-004
Agency/Subagency: ED/FSA	Agency Tracking No: 1395.21
Title: William D. Ford Federal Direct Loan Program Repayment Plan Selection Form
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: 12/16/2013
	Date Received in OIRA: 10/21/2013
Terms of Clearance: The Paperwork Reduction Notice in the form associated with this collection will be revised to state the average completion time is ten minutes.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	12/31/2016	36 Months From Approved	12/31/2013
Responses	660,000	0	660,000
Time Burden (Hours)	110,220	0	110,220
Cost Burden (Dollars)	0	0	0

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Abstract: The Repayment Plan Selection form serves as the means by which Direct Loan borrowers notify us of their choice of an initial repayment plan before their loans enter repayment. The form may also be used by borrowers to request a change in repayment plans after their loans have entered repayment. If a borrower does not select an initial repayment plan, the borrower is placed on the Standard Repayment Plan in accordance with 34 CFR 685.210(a)(2).

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Authorizing Statute(s): US Code: 20 USC 1087e(d) 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:
	78 FR 45515	07/29/2013
30-day Notice:	Federal Register Citation:	Citation Date:
	78 FR 61347	10/03/2013
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 Repayment Plan Selection Form	1845-0014	RPS

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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	660,000	660,000	0	0	0	0
Annual Time Burden (Hours)	110,220	110,220	0	0	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: 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]? Yes

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: 10/21/2013

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