This emergency
collection is approved for six months. If the Department intends to
use this past the six month approval, they must resubmit for
clearance under the full Paperwork Reduction Act process.
Inventory as of this Action
Requested
Previously Approved
11/30/2018
6 Months From Approved
10,899
0
0
4,380
0
0
0
0
0
This is a request for an emergency
clearance to enable FSA to ensure that the required operational
changes can be implemented to allow for the benefits to be
available to federal student loan borrowers as well as to remain in
compliance with the statutory requirements. Section 315 of Title
III, Division H in the Consolidation Appropriations Act, 2018,
(Pub. L. No. 115-141) included a provision for ED to implement “. .
. a simple method for borrowers to apply for loan cancellation. .
.” under a temporary expansion of the PSLF program. The
Consolidation Appropriations Act, 2018, required ED to implement an
application process within 60 days of enactment. To meet that
requirement, we are requesting emergency clearance by May 21, 2018.
We are also requesting the initiation of the full clearance review
to allow for public comment on the process. ED is requesting a new
collection to be used to obtain information from federal student
loan borrowers to make a determination of their eligibility for
participation in the loan forgiveness mandated by the new
appropriations law. This loan forgiveness is only available to
Direct Loan borrowers who otherwise qualify for Public Service Loan
Forgiveness (PSLF) and meet other new requirements. Loan borrowers
who otherwise qualify for Public Service Loan Forgiveness (PSLF)
and meet other new requirements.
This is a request for an
emergency clearance to enable FSA to ensure that the required
operational changes can be implemented to allow for the benefits to
be available to federal student loan borrowers as well as to remain
in compliance with the statutory requirements. Section 315 of Title
III, Division H in the Consolidation Appropriations Act, 2018,
(Pub. L. No. 115-141) included a provision for ED to implement “. .
. a simple method for borrowers to apply for loan cancellation. .
.” under a temporary expansion of the PSLF program. The
Consolidation Appropriations Act, 2018, required ED to implement an
application process within 60 days of enactment. To meet that
requirement, we are requesting emergency clearance by May 21, 2018.
We are also requesting the initiation of the full clearance review
to allow for public comment on the process.
This is a new ICR. The
Consolidated Appropriations Act, 2018 created the Temporary
Expansion of the Public Service Loan Forgiveness (TE-PSLF) program,
and requires the Department to implement an application process for
the program 60 days from enactment. The Department anticipates
10,899 borrowers to request participation for a total burden of
4,380 hours.
$0
No
Yes
Yes
Yes
No
No
Uncollected
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.