US Department of Education Pre-Authorized Debit Account Brochure and Application

ICR 201504-1845-002

OMB: 1845-0025

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Supporting Statement A
2015-07-08
IC Document Collections
ICR Details
1845-0025 201504-1845-002
Historical Active 201208-1845-002
ED/FSA
US Department of Education Pre-Authorized Debit Account Brochure and Application
Extension without change of a currently approved collection   No
Regular
Approved without change 09/02/2015
Retrieve Notice of Action (NOA) 07/14/2015
  Inventory as of this Action Requested Previously Approved
09/30/2018 36 Months From Approved 11/30/2015
1,600 0 1,600
133 0 133
0 0 0

The Preauthorized Debit Account Brochure and Application (PDA Application) serves as the means by which an individual with a defaulted federal education debt (student loan or grant overpayment) that is held by the U.S. Department of Education (ED) requests and authorizes the automatic debiting of payments toward satisfaction of the debt from the borrower's checking or savings account. The PDA Application explains the automatic debiting process and collects the individual's authorization for the automatic debiting and the bank account information needed by ED to debit the individual's account.

US Code: 15 USC 1601 Name of Law: Consumer Credit Protection Act
  
None

Not associated with rulemaking

  80 FR 23792 04/29/2015
80 FR 41018 07/14/2015
No

1
IC Title Form No. Form Name
Electronic Debit Payment Option for Student Loans n/a FSA PDA Application

  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 1,600 1,600 0 0 0 0
Annual Time Burden (Hours) 133 133 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$170,000
No
No
No
No
No
Uncollected
Beth Grebeldinger 202 708-8242

  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.
07/14/2015


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