Employment Certification for Public Service Loan Forgiveness

ICR 201407-1845-002

OMB: 1845-0110

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Supporting Statement A
2014-11-26
IC Document Collections
ICR Details
1845-0110 201407-1845-002
Historical Active 201203-1845-001
ED/FSA 1474.07
Employment Certification for Public Service Loan Forgiveness
Revision of a currently approved collection   No
Regular
Approved without change 12/10/2014
Retrieve Notice of Action (NOA) 10/21/2014
  Inventory as of this Action Requested Previously Approved
12/31/2017 36 Months From Approved 12/31/2014
122,896 0 2,073,643
61,448 0 1,036,822
0 0 0

This form serves as the means by which eligible borrowers in the William D. Ford Federal Direct Loan Program indicate eligible employment for the purpose of final forgiveness under the Public Service Loan Forgiveness Program. The Department and its Direct Loan Program servicers will use the information collected on the Employment Certification for Public Service Loan Forgiveness form to determine whether a borrower has worked for a qualified employer during the certification period and whether payments made against a borrower's outstanding Direct Loan balance were qualifying payments for the purpose of the Public Service Loan Forgiveness (PSLF) program.

US Code: 20 USC 1087(e)(m) Name of Law: Higher Education Act of 1965, as amended
   PL: Pub.L. 110 - 84 401 Name of Law: The College Cost Reduction and Access Act of 2007
   PL: Pub.L. 110 - 315 451(b)(1)-(2) Name of Law: The HIgher Education Opportunity Act of 2008
  
None

Not associated with rulemaking

  79 FR 43030 07/24/2014
79 FR 62946 10/21/2014
No

1
IC Title Form No. Form Name
Employment Certification for Public Service Loan Forgiveness 1 Employment Certification for Public Service Loan Forgiveness

  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 122,896 2,073,643 0 0 -1,950,747 0
Annual Time Burden (Hours) 61,448 1,036,822 0 0 -975,374 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
This revision represents a reduction of 975,375 burden hours. This reduction is the result of a re-estimation of the number of borrowers who will submit the form in any given year. The prior estimate greatly overestimated the number of borrowers who would submit the form.

$0
No
No
No
No
No
Uncollected
Ian foss 202 275-4552

  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.
10/21/2014


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