Final regulations for the Public
Service Loan Forgiveness (PSLF) Program were published in the
Federal Register on October 23, 2008 (73 FR 63256) and were
codified in 34 CFR 685.219. These regulations require a borrower to
submit an application for loan forgiveness to the U.S. Department
of Education (the Department). To determine whether a borrower is
eligible for loan forgiveness, the Department must confirm that the
borrower was employed full-time by a qualifying public service
organization at the time each of the required 120 payments was
made. Because borrowers must make 120 payments on or after October
1, 2007 before becoming eligible for forgiveness, the earliest that
any borrower could apply for forgiveness under PSLF would be
October 1, 2017. The Department is creating an application for
forgiveness and revising the Employment Certification Form which is
already part of this collection. Pages 2 through 6 of the current
Employment Certification Form will also be embedded in the
application. Slight changes have been made to the language on the
Employment Certification Form to increase consistency and
understanding.
US Code:
20 USC 1087(e)(m) Name of Law: Higher Education Act of 1965, as
amended
This revision represents an
increase of 302,762 burden hours. The burden increase is the result
of two factors. First, there is a new form—the Application form—for
borrowers to submit as part of this collection. Second, more and
more borrowers have been submitting the Employment Certification
Form than when the collection was previously approved.
$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.