Federal Student Loan Program: Internship/Residency and Loan Debt Burden Forbearance Forms

ICR 202407-1845-002

OMB: 1845-0018

Federal Form Document

ICR Details
1845-0018 202407-1845-002
Received in OIRA 202104-1845-003
ED/FSA ED-2024-SCC-0092
Federal Student Loan Program: Internship/Residency and Loan Debt Burden Forbearance Forms
Revision of a currently approved collection   No
Regular 09/30/2024
  Requested Previously Approved
36 Months From Approved 10/31/2024
2,215,812 27,042
181,495 6,393
0 0

These forms serve as the means by which borrowers in the William D. Ford Federal Direct Loan (Direct Loan), Federal Family Education Loan (FFEL) and the Federal Perkins Loan (Perkins Loan) Programs may request forbearance of repayment on their loans if they meet certain conditions. The U.S. Department of Education and other loan holders uses the information collected on these forms to determine whether a borrower meets the eligibility requirements for the specific type of forbearance. The Service forbearance (SERV Forb) and the Student Loan Debt forbearance (SLDB Forb) forms are currently approved under OMB No. 1845-0018. The General forbearance (GEN Forb) form is currently approved under OMB No. 1845-0031. For greater simplicity and to make it easier to maintain consistency among the various forbearance forms, the Department is consolidating the two current collections into a single collection under OMB No. 1845-0018. This review request merges the number of respondents/responses/burden hours for both collections.

US Code: 20 USC 1087 e(a)(1)1078 Name of Law: Higher Education Act of 1965, as amended
  
None

Not associated with rulemaking

  89 FR 58356 07/18/2024
89 FR 79580 09/30/2024
Yes

  Total Request 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 2,215,812 27,042 0 2,188,770 0 0
Annual Time Burden (Hours) 181,495 6,393 0 175,102 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Miscellaneous Actions
No
The Department is requesting a revision of the burden associated with information collection 1845-0018 to incorporate the combination of two previously approved collections (OMB No. 1845-0018 and OMB No. 1845-0031). The total burden hours are 181,495 and the respondents/responses are 2,215,812. The difference is due to the addition of the General Forbearance form to this information collection. There has been no change in the underlying statutes or regulations which support these request forms.

$0
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.
09/30/2024


© 2024 OMB.report | Privacy Policy