REGULATIONS FOR THE STAFFORD LOAN, SUPPLEMENTAL LOANS FOR STUDENTS, PLUS, CONSOLIDATION PROGRAM (THE GUARANTEED STUDENT LOAN PROGRAMS)

Forms and Documents

Document Name	Status

No forms / supporting documents in this ICR. Check IC Document Collections.

IC Document Collections

IC ID	Document Title	Status
134396	REGULATIONS FOR THE STAFFORD LOAN, SUPPLEMENTAL LOANS FOR STUDENTS, PLUS, CONSOLIDATION PROGRAM (THE GUARANTEED STUDENT LOAN PROGRAMS)	Migrated

ICR Details

OMB Control No: 1840-0538	ICR Reference No: 199011-1840-001
Status: Historical Inactive	Previous ICR Reference No: 198906-1840-002
Agency/Subagency: ED/OPE	Agency Tracking No:
Title: REGULATIONS FOR THE STAFFORD LOAN, SUPPLEMENTAL LOANS FOR STUDENTS, PLUS, CONSOLIDATION PROGRAM (THE GUARANTEED STUDENT LOAN PROGRAMS)
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Disapproved and continue	Conclusion Date: 01/18/1991
	Date Received in OIRA: 11/20/1990
Terms of Clearance: OMB does not approve this information collection request, as ED h not yet demonstrated that the collection procedures outlined in the GS NPRM impose the least burden on the public for the proper performance agency functions. At the same time, OMB continues the previous approv of the GSL reporting requirements under this OMB number, through January 1992. Specific areas that ED should investigate include: o general reporting requirements which lenders and borrowers must follow in processing GSLs, o requirements imposed on state, regional, and other agencies that guarantee GSLs, o requirements imposed on participating institutions of higher education. In addition, ED will obtain significant public comment on the NPR much of which regards the burdensomeness of reporting requirements. I the final rule preamble, ED should justify or revise those regulatory provisions containing information collection requirements, balancing expected program efficiency gains and budgetary savings against expected increases in administrative complexity and burden.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	01/31/1992	01/31/1992	01/31/1992
Responses	9,550,000	0	9,550,000
Time Burden (Hours)	24,874,428	0	24,874,428
Cost Burden (Dollars)	0	0	0

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Abstract: REGULATIONS ARE NEEDED TO IMPLEMENT STATUTORY CHANGES FOR THE HIGHER EDUCATION ACT OF 1965, AS AMENDED. THE REGULATIONS ARE NEEDED TO IMPLEMENT VARIOUS POLICY INITIATIVES DESIGNED TO IMPROVE PROGRAM ADMINISTRATION, REDUCE DEFAULTS AND GENERATE REPAYMENT ON LOANS THAT DO DEFAULT.

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Authorizing Statute(s): None

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:

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Federal Register Notices & Comments

Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
REGULATIONS FOR THE STAFFORD LOAN, SUPPLEMENTAL LOANS FOR STUDENTS, PLUS, CONSOLIDATION PROGRAM (THE GUARANTEED STUDENT LOAN PROGRAMS)

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Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement:

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Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? Uncollected

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 11/20/1990

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