Federal Family Education Loan Program Regulations

ICR 200910-1845-007

OMB: 1845-0020

Federal Form Document

Forms and Documents
Document
Name
Status
Supplementary Document
2009-07-23
Supporting Statement A
2009-10-09
ICR Details
1845-0020 200910-1845-007
Historical Active 200810-1845-006
ED/FSA 4049
Federal Family Education Loan Program Regulations
Revision of a currently approved collection   No
Regular
Approved without change 10/29/2009
Retrieve Notice of Action (NOA) 10/29/2009
  Inventory as of this Action Requested Previously Approved
10/31/2012 36 Months From Approved 11/30/2011
24,940,153 0 1,238,280
12,165,507 0 9,921,638
0 0 0

The Federal Family Educational Loan Program proposed regulations revise current regulations in areas of program administration and assure the Secretary that program integrity is protected from fraud and misuse of program funds. The proposed regulations provide for additional disclosure requirements, due diligence requirements, provide new administrative forbearances, as well as changes to income-based repayment plans.

US Code: 20 USC 1001 Name of Law: Higher Education Act of 1965, as amended
   US Code: 20 USC 1078 Name of Law: Higher Education Act of 1965, as amended
  
US Code: 20 USC 1078 Name of Law: Higher Education Act, as amended (HEA)

1840-AC98 Final or interim final rulemaking 74 FR 55972 10/29/2009

No

  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 24,940,153 1,238,280 22,156,197 0 1,545,676 0
Annual Time Burden (Hours) 12,165,507 9,921,638 2,243,869 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
This is a revised collection that is required by a proposed change in the regulation due to implementing the statutory changes made by the Higher Education Opportunity Act (HEOA) (Pub. L. 110-315) that amends the Higher Education Act of 1965, as amended (HEA). There is also a 1,545,676 responses change adjustment to the previously approved total. We discovered a data entry error that resulted in the number of responses in the current approved IC-inventory to be under-reported.

$0
No
No
Uncollected
Uncollected
No
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.
07/23/2009


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