US Department of Education Pre-Authorized Debit Account Brochure and Application
Extension without change of a currently approved collection
No
Regular
Approved with change
06/27/2024
05/13/2024
table that charts list comparision
Inventory as of this Action
Requested
Previously Approved
06/30/2027
36 Months From Approved
07/31/2024
637
0
1,667
51
0
138
0
0
0
The Pre-authorized 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
This is a request for an extension of the current information collection. Due to shrinkage of the default portfolio during the COVID-19 collection suspension, there is a significant decrease of 1030 total respondents and responses and an 87 hour decrease in total burden.
$0
No
Yes
Yes
No
No
No
No
Beth Grebeldinger 202 708-8242
Reginfo record details
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.