Students FIND & PAY FOR COLLEGE
Repay Student Loans
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2007-08 Negotiated Rulemaking for Higher Education: Memorandum to Loans Committee Members, April 14-15 Session (Apr 11, 2008)
Negotiated Rulemaking for Higher Education 2007-08. This page provides a memo to the loans team regarding the team's fourth meeting.
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Federal Student Aid; William D. Ford Federal Direct Loan Program; Notice of the annual updates to the Income Contingent Repayment (ICR) plan formula for 2006 [FSA] (Jun 28, 2006)
The Secretary announces the annual updates to the ICR plan formula for 2006. The adjustments for the ICR plan formula contained in this notice are effective from July 1, 2006 to June 30, 2007.The attachment to this notice provides updates to examples of how the calculation of the monthly ICR amount is performed, the income percentage factors, the constant multiplier chart, and charts showing sample repayment amounts.
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Notice of Proposed Information Collection Requests; Direct Loan Program's General Forbearance Request Form [FSA] (Feb 14, 2006)
Interested persons are invited to submit comments on or before April 17, 2006 on the extension of an information collection, the Direct Loan Program's General Forbearance Request Form. 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.
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Notice of Proposed Information Collection Requests; Federal Direct PLUS Loan Application and Master Promissory Note, and Endorser Addendum (LO) [FSA] (Nov 29, 2005)
Revision of a currently approved collection, Federal Direct PLUS Loan Application and Master Promissory Note, and Endorser Addendum (LO). Comments due on or before January 30, 2006.
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Notice of Proposed Information Collection Requests; Direct Loan Income Contingent Repayment Plan--Consent to Disclosure of Tax Information [FSA] (Nov 17, 2005)
This form is the means by which a William D. Ford Federal Direct Loan Program borrower (and, if married, the borrower's spouse) who chooses to repay under the Income Contingent Repayment Plan provides written consent for the Internal Revenue Service to disclose certain tax return information to the Department of Education and its agents for the purpose of calculating the borrower's monthly repayment amount. Interested persons are invited to submit comments on or before January 17, 2006.
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Notice of Proposed Information Collection Requests; William D. Ford Federal Direct Loan Program Statutory Forbearance Forms [FSA] (Nov 16, 2005)
Comments are invited on an occasional information collection. Borrowers who receive loans through the William D. Ford Federal Direct Loan Program will use this form to agree to statutory forbearances on their loans. Comments due on or before January 17, 2006.
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Student Assistance General Provisions; Notice extending institutional and applicant filing and reporting deadlines [FSA] (PDF) (Oct 14, 2005)
The Secretary announces an extension of the deadline dates for specific filing and reporting activities: ederal Perkins Loan, Federal Work-Study, Federal Supplemental Educational Opportunity Grant, Federal Family Education Loan, William D. Ford Federal Direct Loan, Federal Pell Grant, and Leveraging Educational Assistance Partnership Programs.
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Submission for OMB Review; Comment Request; William D. Ford Federal Direct Loan Program Deferment Request Forms [FSA] (Sep 30, 2005)
Comments are invited on the reinstatement of deferment request forms for the William D. Ford Direct Loan Program. These forms serve as the means by which the U.S. Department of Education collects the information needed to determine whether a Direct Loan borrower qualifies for a loan deferment. Comments are due October 31, 2005.
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Notice extending institutional and applicant filing and reporting deadlines; Student Assistance General Provisions, Perkins Loan, FWS, FSEOG, Federal Family Education Loan, Direct Loan, Pell Grant, and LEAP Programs [FSA] (Sep 09, 2005)
Announcement of xtension of the deadline dates for specific filing and reporting activities for specific Federal Student Aid programs. The Secretary takes this action as a result of the extensive damage and disruption in the southern United States caused by Hurricane Katrina.
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Notice of Proposed Information Collection Requests; Federal Family Education Loan, Direct Loan, and Perkins Loan Discharge Applications [FSA] (May 16, 2005)
Comments are invited on a one-time revision to an information collection, the Federal Family Education Loan, Direct Loan, and Perkins Loan Discharge applications. The forms will serve as the means of collecting the information necessary to determine whether a borrower qualifies for a loan discharge based on total and permanent disability, school closure, false certification of student eligibility, or unauthorized signature. Comments due on or before July 15, 2005.
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