Final Regulations Governing the Federal Family Education Loan Program

Federal Family Education Loan Program Regulations

Att_OMB.1845.0020.FFEL.TABLE.08.27.08.xls

Final Regulations Governing the Federal Family Education Loan Program

OMB: 1845-0020

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OMB.1845.0020.Table. 08.27.08




Respondent Type Requirement # of Respondents # of Responses Hours/Response Total Hours Description
Section A: Burden by Affected Entity





Federal Government












Individuals or Households











Sub-total
0 0
0 Increase in burden







Private Sector





Business or other for-profits






34 CFR 682.211 124,397 124,397 0.25 31,100 Forbearance







Sub-total
124,397 124,397
31,100 Increase in burden







Not-for profits





Guarantors 34 CFR 682.211 1,257 1,257 0.25 314 Forbearance







Sub-total
1,257 1,257
314 Increase in burden







Farms












State, Local, or Tribal Governments












Sub-total
0 0
0
Total
125,654 125,654 31,414







Section B: Burden Impact Totals












CURRENT INVENTORY





Current # Respondents
1,112,626



Current # of Responses

2,658,302


Current Inventory of Hours



9,890,224
REVISED TOTAL RESPONDENTS
1,238,280



REVISED TOTAL RESPONSES

2,783,956


REVISED TOTAL BURDEN HOURS



9,921,638














Difference



31,414







Section C: Burden by Regulation Group





1. Sections 682.211 – Forbearance





Business or other for-profits - lenders 34 CFR 682.211 124,397 124,397 0.25 31,100







Not for profit - guarantors 34 CFR 682.211 1,257 1,257 0.25 314







Sub-total
125,654 125,654
31,414














Section D: Current Burden, NPRM Burden, Net Burden by Regulation Group







# of Respondents # of Responses
Total Hours
1. Sections 682.211 – Forbearance





Current Burden
1,112,626 2,658,302
9,890,224
NPRM Burden
125,654 125,654
31,414







Revised Burden
1,238,280 2,783,956
9,921,638
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