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Subject: William D. Ford Federal Direct Loan Program General Forbearance Request

Publication Date: July 24, 2012

Posted Date: July 24, 2012

Subject: William D. Ford Federal Direct Loan Program General Forbearance Request

FR Type: Notice


[Federal Register Volume 77, Number 142 (Tuesday, July 24, 2012)]
[Notices]
[Pages 43276-43277]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-18023]
 
 
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DEPARTMENT OF EDUCATION
 
 
Notice of Proposed Information Collection Requests; Federal 
Student Aid; William D. Ford Federal Direct Loan Program General 
Forbearance Request
 
SUMMARY: Borrowers who receive loans through the William D. Ford 
Federal Direct Loan Program will use this form to request forbearance 
on their loans when they are willing but unable to make their currently 
scheduled monthly payments because of a temporary financial hardship.
 
DATES: Interested persons are invited to submit comments on or before 
September 24, 2012.
 
ADDRESSES: Written comments regarding burden and/or the collection 
activity requirements should be electronically mailed to 
ICDocketMgr@ed.gov or mailed to U.S. Department of Education, 400 
Maryland Avenue SW., LBJ, Washington, DC 20202-4537. Copies of the 
proposed information collection request may be accessed from http://edicsweb.ed.gov, by selecting the ``Browse Pending Collections'' link 
and by clicking on link number 04892. When you access the information 
collection, click on ``Download Attachments'' to view. Written requests 
for information should be addressed to U.S. Department of Education, 
400 Maryland Avenue SW., LBJ, Washington, DC 20202-4537. Requests may 
also be electronically mailed to ICDocketMgr@ed.gov or faxed to 202-
401-0920. Please specify the complete title of the information 
collection and OMB Control Number when making your request.
    Individuals who use a telecommunications device for the deaf (TDD) 
may call the Federal Information Relay Service (FIRS) at 1-800-877-
8339.
 
SUPPLEMENTARY INFORMATION: Section 3506 of the Paperwork Reduction Act 
of 1995 (44 U.S.C. chapter 35) requires that Federal agencies provide 
interested parties an early opportunity to comment on information 
collection requests. The Director, Information Collection Clearance 
Division, Privacy, Information and Records Management Services, Office 
of Management, publishes this notice containing proposed information 
collection requests at the beginning of the Departmental review of the 
information collection. The Department of Education is especially 
interested in public comment addressing the following issues: (1) Is 
this collection necessary to the proper functions of the Department; 
(2) will this information be
 
[[Page 43277]]
 
processed and used in a timely manner; (3) is the estimate of burden 
accurate; (4) how might the Department enhance the quality, utility, 
and clarity of the information to be collected; and (5) how might the 
Department minimize the burden of this collection on the respondents, 
including through the use of information technology. Please note that 
written comments received in response to this notice will be considered 
public records.
    Title of Collection: William D. Ford Federal Direct Loan Program 
General Forbearance Request.
    OMB Control Number: 1845-0031.
    Type of Review: Revision.
    Total Estimated Number of Annual Responses: 1,308,453.
    Total Estimated Number of Annual Burden Hours: 261,691.
    Abstract: Section 428(c)(3) of the Higher Education Act of 1965, as 
amended (the HEA) provides that under certain circumstances, a borrower 
who receives a loan through the Federal Family Education Loan (FFEL) 
Program is entitled to a forbearance. Section 455(a)(1) of the HEA 
provides that unless otherwise specified, loans made under the William 
D. Ford Federal Direct Loan Program are to have the same terms, 
conditions, and benefits as loans made under the FFEL Program. A 
forbearance is an arrangement to postpone or reduce the amount of a 
borrower's monthly loan payment for a limited and specific time period.
 
    Dated: July 18, 2012.
Darrin A. King,
Director, Information Collection Clearance Division, Privacy, 
Information and Records Management Services, Office of Management.
[FR Doc. 2012-18023 Filed 7-23-12; 8:45 am]
BILLING CODE 4000-01-P


Last Modified: 07/23/2012