{"abstract":"The Secretary announces the annual updates to the ICR plan formula for 2016, as required by 34 CFR 685.209(b)(1)(ii)(A), to give notice to Direct Loan borrowers and the public regarding how monthly ICR payment amounts will be calculated for the 2016-2017 year.","action":"Notice.","agencies":[{"raw_name":"DEPARTMENT OF EDUCATION","name":"Education Department","id":126,"url":"https://www.federalregister.gov/agencies/education-department","json_url":"https://www.federalregister.gov/api/v1/agencies/126","parent_id":null,"slug":"education-department"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2016/04/04/2016-07517.html","cfr_references":[],"citation":"81 FR 19153","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"The adjustments to the income percentage factors for the ICR plan formula contained in this notice are effective from July 1, 2016, to June 30, 2017, for any borrower who enters the ICR plan or has his or her monthly payment amount recalculated under the ICR plan during that period.","disposition_notes":null,"docket_ids":[],"dockets":[],"document_number":"2016-07517","effective_on":"2016-07-01","end_page":19157,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2016/04/04/2016-07517.xml","html_url":"https://www.federalregister.gov/documents/2016/04/04/2016-07517/annual-updates-to-the-income-contingent-repayment-icr-plan-formula-for-2016-william-d-ford-federal","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2016-07517?publication_date=2016-04-04","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2016-04-04/2016-07517/mods.xml","not_received_for_publication":null,"page_length":5,"page_views":{"count":1151,"last_updated":"2026-09-23 04:15:04 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2016-04-04/pdf/2016-07517.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2016-07517.pdf?1459514795","publication_date":"2016-04-04","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2016/04/04/2016-07517.txt","regulation_id_number_info":{},"regulation_id_numbers":[],"regulations_dot_gov_info":{"checked_regulationsdotgov_at":"2016-04-24T06:00:16Z"},"regulations_dot_gov_url":null,"significant":null,"signing_date":null,"start_page":19153,"subtype":null,"title":"Annual Updates to the Income Contingent Repayment (ICR) Plan Formula for 2016-William D. Ford Federal Direct Loan Program","toc_doc":"William D. Ford Federal Direct Loan Program; Income Contingent Repayment Plan Formula for 2016","toc_subject":null,"topics":[],"type":"Notice","volume":81}