Federal Student Loan Debt Relief Application and Verification Forms Request

ICR 202210-1845-001

OMB: 1845-0167

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
New
Supplementary Document
2022-10-07
Supporting Statement A
2022-10-07
ICR Details
1845-0167 202210-1845-001
Historical Active
ED/FSA
Federal Student Loan Debt Relief Application and Verification Forms Request
New collection (Request for a new OMB Control Number)   No
Emergency 10/07/2022
Approved without change 10/07/2022
Retrieve Notice of Action (NOA) 10/07/2022
OMB approves this emergency information collection request (ICR) for a period of six months. Given the inability to seek public comment in advance of OMB approval, as part of the emergency notice in the Federal Register, the Department will simultaneously solicit 60-days of public comment for the standard information collection request.
  Inventory as of this Action Requested Previously Approved
04/30/2023 6 Months From Approved
38,237,500 0 0
8,236,075 0 0
0 0 0

The Department of Education (Department) is requesting an emergency clearance for a new information collection. This collection will be used to obtain information from federal student loan borrowers to determine eligibility for loan discharge announced by the Secretary of Education on August 24, 2022 under the authority of Title IV of the Higher Education Act of 1965, as amended (HEA) (20 U.S.C. 1070 et seq.); 20 U.S.C. 1018(f) and 1087e(h); the Higher Education Relief Opportunities for Students Act of 2003 ( 20 U.S.C. § 1098 bb)) (including any waivers or modifications that the Secretary of Education deems necessary to make to any statutory or regulatory provision applicable to the federal student financial assistance programs under title IV of the HEA to achieve specific purposes listed in the section in connection with a war, other military operation, or a national emergency); and, 31 U.S.C. 7701 and Executive Order 9397, as amended by Executive Order 13478 (November 18, 2008). To implement the Secretary’s directive, the Department must, as soon as practicable, establish a process available to all federal student loan borrowers to request a discharge, attest to their income eligibility for loan discharge, and verify that income, if requested by the Department. Federal Student Aid has developed application forms (borrower and parent), an income verification form, and a parent income waiver request in compliance with this directive. As designed, each student loan borrower would complete an online or paper student loan debt relief application form to request consideration for loan discharge within 12 months of the end of the payment pause (December 31, 2022) and must verify their income, if required, by March 31, 2024. Due to the limited time between announcement on August 24, 2022, the importance of having the application available before the end of loan payment pause on December 31, 2022, and the urgency of providing financial relief from the ongoing economic impact of the COVID-19 public health emergency, we request that OMB approve the collection associated with the implementation of the application forms and verification process under the emergency clearance procedures of the Paperwork Reduction Act of 1995, outlined in 44 U.S.C. 3507(j), by October 7, 2022. If this request is not granted, the Department would be unable to implement this loan discharge before the end of the loan payment deferral on December 31, 2022 which would result in further hardship for a large number of affected borrowers being obligated to restart payment before their discharge could be processed, causing them additional financial harm. Additionally, the Department is requesting that the full clearance package be filed at the same time and that the 60-day public comment period be initiated at the same time. Upon emergency approval the Department will be able to accelerate implementation for maximum benefit to federal student loan borrowers continuing to manage the economic hardship of the COVID-19 public health emergency.
The Department has determined that this information must be collected prior to the expiration of time periods established under 44 U.S.C. 3507(j), and that this information is essential to ED’s ability to effectively implement the initiative. Due to the limited time available before the end of loan payment deferment on December 31, 2022 and the urgency of providing financial relief from the ongoing economic impact of the COVID-19 public health emergency, we request that OMB approve the collection associated with the implementation of the application forms and verification process using the emergency clearance procedures of the Paperwork Reduction Act of 1995, outlined in 44 U.S.C. 3507(j), by October 7, 2022 or as soon as possible. If this request is not granted, the Department would be unable to implement this loan discharge before the end of the loan payment deferral policy on 12/31/2022, which would result in a large number of affected borrowers being obligated to restart payment before their discharge could be processed, causing them further financial harm. Additionally, we are requesting that the full clearance package be filed at the same time and that the Department will initiate the 60-day public comment period upon notification of emergency approval.

US Code: 20 USC 1018(f) & 1087e(h) Name of Law: Higher Education Act of 1965, as amended
   US Code: 20 USC 1098bb Name of Law: Higher Education Relief Opportunities for Students Act of2003
   US Code: 20 USC 1070 et seq. Name of Law: Higher Education Act of 1965, as amended
  
None

Not associated with rulemaking

No

  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 38,237,500 0 0 38,237,500 0 0
Annual Time Burden (Hours) 8,236,075 0 0 8,236,075 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Miscellaneous Actions
No
The increase in burden is due a newly established Federal Student Loan Discharge directed by the U.S. Secretary of Education. The annual increase of burden to individuals is an estimated maximum 8,236,075 hours based on an estimated 33,000,000 borrowers with a maximum 38,237,500 responses.

$101,300,000
No
    Yes
    Yes
No
No
No
No
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.
10/07/2022


© 2024 OMB.report | Privacy Policy