Federal Family Education Loan (FFEL) Program Income Based Repayment (IBR) Plan Request and Alternative Documentation of Income

ICR 201506-1845-010

OMB: 1845-0102

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Supporting Statement A
2015-06-15
IC Document Collections
IC ID
Document
Title
Status
191675 Modified
ICR Details
1845-0102 201506-1845-010
Historical Inactive 201402-1845-001
ED/FSA
Federal Family Education Loan (FFEL) Program Income Based Repayment (IBR) Plan Request and Alternative Documentation of Income
Revision of a currently approved collection   No
Regular
Comment filed on proposed rule and continue 09/02/2015
Retrieve Notice of Action (NOA) 07/09/2015
OMB files this comment in accordance with 5 CFR 1320.11( c ). This OMB action is not an approval to conduct or sponsor an information collection under the Paperwork Reduction Act of 1995. This action has no effect on any current approvals. If OMB has assigned this ICR a new OMB Control Number, the OMB Control Number will not appear in the active inventory. For future submissions of this information collection, reference the OMB Control Number provided. Resubmit when proposed rule is finalized.
  Inventory as of this Action Requested Previously Approved
11/30/2015 36 Months From Approved 11/30/2015
3,159,132 0 3,159,132
1,042,514 0 1,042,514
0 0 0

This form serves as the means by which borrowers in the William D. Ford Federal Direct Loan (Direct Loan) and Federal Family Education Loan (FFEL) Programs may request an Income-Based or Income-Contingent Repayment Plans if they meet certain statutory and regulaotry criteria. The U.S. Department of Education uses the information collected on these forms to determine whether a borrower meets the eligibility requirements for the specific Income-Based or Income-Contingent Repayment Plan that the borrower has requested. The burden hours associated with this collection is increasing for one reason; namely, that the collection is being combined with all Income-Based or Income-Contingent materials contained in the soon-to-be revised 1845-0014 (Direct Loan Repayment Plan Selection Form) and soon-to-be discontinued 1845-0016 (Direct Loan IBR/ICR Alternative Documentation of Income Form), so that the forms associated with this collection may be used in both the FFEL and Direct Loan Program. However, because the form has been greatly streamlined, there is a significant burden reduction associated with this clearance that is masked by the increased respondent population.

US Code: 20 USC 1098e Name of Law: Higher Education Act of 1965, as amended
  
None

1840-AD18 Proposed rulemaking 80 FR 39608 07/09/2015

No

1
IC Title Form No. Form Name
Income-Driven Repayment Plan Request N/A Income-Driven Repayment Plan Request - Form IDR

Yes
Miscellaneous Actions
No
The Department is requesting a revision of the current information collection caused by a program change due to agency discretion. We estimate that the number of respondents will increase by 2,930,868 due to the addition of the new REPAYE plan as well as an estimated increase of the number of borrowers who wish to utilize an IDR plan to ease the repayment of their federal debt. However we do not believe that the time estimated to complete the required request form will increase due to improved skip-logic and the ability to import income information directly from the Internal Revenue Service.

$0
No
No
No
No
No
Uncollected
Ian Foss 202 377-3681

  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.
07/09/2015


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