Federal Family Education Loan Program Regulations

ICR 200610-1845-001

OMB: 1845-0020

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2006-10-04
Supplementary Document
2006-10-04
ICR Details
1845-0020 200610-1845-001
Historical Active 200510-1845-005
ED/FSA 3166
Federal Family Education Loan Program Regulations
Revision of a currently approved collection   No
Regular
Approved with change 12/11/2006
Retrieve Notice of Action (NOA) 10/05/2006
OMB approves this request for two years only. This request does not disaggregate the burden for the majority of the FFEL program requirements, but rather provides it in a lump sum amount (10,128,562 hours). At this point, FSA has not maintained adequate historical records to disaggregate the burdens into ICs as required by ROCIS. FSA agrees to investigate the burden issue for this and all other affected collections. The next submission of this ICR for OMB approval will provide a detailed breakout of the burden and will group ICs according to a mutual agreement between OMB and FSA.
  Inventory as of this Action Requested Previously Approved
12/31/2008 36 Months From Approved 10/31/2007
899,872 0 858,981
10,180,676 0 10,128,562
0 0 0

The Federal Family Education Loan Program interim final regulations revise the current regulations in areas of program administration. The regulations assure the Secretary that the integrity of the program is protected from fraud and other misuse of program funds.

PL: Pub.L. 109 - 171 682.207, 682.401, 682.604 Name of Law: Higher Education Reconciliation Act of 2005
  
PL: Pub.L. 109 - 171 682,207, 682.401, 682.604 Name of Law: Higher Education Reconciliation Act of 2005

1840-AC87 Final or interim final rulemaking 71 FR 45666 08/09/2006

No

4
IC Title Form No. Form Name
FFELP regulation 682.401
FFELP regulation 682.604
FFELP regulation 682.207
Federal Family Education Loan Program Regulations

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 899,872 858,981 0 40,891 0 0
Annual Time Burden (Hours) 10,180,676 10,128,562 0 52,114 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Changing Regulations
No
This increase (program change) is due to amendments to sections 682.207, 682.401, and 682.604 of the Federal Student Aid Program regulations in order to implement changes to the Higher Education Act of 1965, resulting from the Higher Education Reconciliation Act (HERA) of 2005.

$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Dan Klock 202 377-4026

  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.
10/05/2006


© 2024 OMB.report | Privacy Policy