Income Driven Repayment Plan Request for the William D. Ford Federal Direct Loans and Federal Family Education Loan Programs
Extension without change of a currently approved collection
No
Regular
12/11/2023
Requested
Previously Approved
36 Months From Approved
01/31/2024
9,500,000
9,500,000
3,135,000
3,135,000
0
0
The Department of Education (Department) is requesting an extension of the information collection, 1845-0102. This collection was approved under an emergency clearance on July 27, 2023, and the Department is now requesting the 30-day public comment period. The Department updated the Income Driven Repayment (IDR) Request Form used by a borrower to enroll, recertify, or change their IDR plan to support the provisions identified for early implementation in the final rule published July 10, 2023, and the provisions in the FUTURE ACT related to borrower consent to use tax information for IDR participation. Specifically, the form was updated to include a new section related to the borrowers consent to use tax information for this application and on an ongoing basis and to reflect the name change of the REPAYE Plan to the SAVE Plan. The form was also updated to remove the need for spousal income information in the situation where a borrower files taxes separately from their spouse. This removes the need to collect the signature of the spouse as the spouses information is no longer necessary to participate in any IDR plan. Other updates were made to improve readability and the borrower experience. There have been no further changes to the form since the emergency clearance was approved.
US Code:
20 USC 1098e
Name of Law: Higher Education Act of 1965, as amended
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.