1845-0041 Table Burden Analysis 101910

1845-0041 v6 Table VERIFICATION 10 19 10.xls

Student Assistance General Provisions - Subpart E -- Verification Student Aid Application Information

1845-0041 Table Burden Analysis 101910

OMB: 1845-0041

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OMB.1845.0041.v.6 Table.10.19.10
TEAM I



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





Federal Government












Individuals or Households





Updating information - household size and # in household in eligibile postsecondary institutions. 668.55(a)(1)(i) 1,530,000 1,530,000 0.08 122,400 Recordkeeping
Updating information - Other information annually specified in the Federal Register. 668.55(a)(1)(ii) 170,000 17,000 0.08 1,360 Recordkeeping
Information to be verified 668.56 5,100,000 5,100,000 0.12 612,000 Recordkeeping - Statutory change
Sub-total
6,800,000 6,647,000
735,760






1. Private Sector





1a. Business or other for-profits





Updating information - household size and # in household in eligibile postsecondary institutions. 668.55(a)(1)(i) 2,086 566,100 0.17 96,237 Recordkeeping
Updating information - Other information annually specified in the Federal Register. 668.55(a)(1)(ii) 2,086 6,290 0.17 1,069 Recordkeeping
Acceptable documentation 668.57 2,086 1,887,000 0.12 226,440 Recordkeeping
Consequences of a change in FAFSA information 668.59 2,086 6,415,800 0.12 769,896 Recordkeeping
Sub-total
8,344 8,875,190
1,093,642







1b. Not-for profits





Updating information - household size and # in household in eligibile postsecondary institutions. 668.55(a)(1)(i) 1,731 459,000 0.17 78,030 Recordkeeping
Updating information - Other information annually specified in the Federal Register. 668.55(a)(1)(ii) 1,731 5,100 0.17 867 Recordkeeping
Acceptable documentation 668.57 1,731 1,530,000 0.12 183,600 Recordkeeping
Consequences of a change in FAFSA information 668.59 1,731 5,202,000 0.12 624,240 Recordkeeping
Sub-total
6,924 7,196,100
886,737







2. Farms












3. State, Local or Tribal Governments





Updating information - household size and # in household in eligibile postsecondary institutions. 668.55(a)(1)(i) 1,892 504,900 0.17 85,833 Recordkeeping
Updating information - Other information annually specified in the Federal Register. 668.55(a)(1)(ii) 1,892 5,610 0.17 954 Recordkeeping
Acceptable documentation 668.57 1,892 1,683,000 0.12 201,960 Recordkeeping
Consequences of a change in FAFSA information 668.59 1,892 5,722,200 0.12 686,664 Recordkeeping
Sub-total
7,568 7,915,710
975,411







Burden by Affected Entity total
6,822,836 30,634,000
3,691,550














Section B: Burden Impact Totals





CURRENT INVENTORY





Current # of Respondents
3,036,371



Current # of Responses

3,036,371


Current Inventory of Hours



1,022,384







Revised Total Respondents
6,822,836



Revised Total Responses

30,634,000


Revised Total Burden Hours



3,691,550







TOTAL # RESPONDENTS
9,859,207



TOTAL # RESPONSES

33,670,371


TOTAL # HOURS



4,713,934














Section C: Burden by Regulation Group





34 CFR 668.55 - Updating information.












Household size and # in eligible postsecondary institutions





Individual 34 CFR 668.55(a)(1)(i) 1,530,000 1,530,000 0.08 122,400 Recordkeeping
Business or other for-profits 34 CFR 668.55(a)(1)(i) 2,086 566,100 0.17 96,237 Recordkeeping
Not for-profits 34 CFR 668.55(a)(1)(i) 1,731 459,000 0.17 78,030 Recordkeeping
State, Local, or Tribal Governments 34 CFR 668.55(a)(1)(i) 1,892 504,900 0.17 85,833 Recordkeeping
Sub-total
1,535,709 3,060,000
382,500







34 CFR 668.55 - Updating information.





Other information annually specified in the Federal Register





Individual 34 CFR 668.55(a)(1)(ii) 170,000 17,000 0.08 1,360 Recordkeeping
Business or other for-profits 34 CFR 668.55(a)(1)(ii) 2,086 6,290 0.17 1,069 Recordkeeping
Not for-profits 34 CFR 668.55(a)(1)(ii) 1,731 5,100 0.17 867 Recordkeeping
State, Local, or Tribal Governments 34 CFR 668.55(a)(1)(ii) 1,892 5,610 0.17 954 Recordkeeping
Sub-total
175,709 34,000
4,250







Total 34 CFR 668.55
1,711,418 3,094,000
386,750














34 CFR 668.56 - Information to be verified





Individual 34 CFR 668.56 5,100,000 5,100,000 0.12 612,000 Recordkeeping
Sub-total
5,100,000 5,100,000
612,000







34 CFR 668.57 - Acceptable documentation





Business or other for-profits 34 CFR 668.57 2,086 1,887,000 0.12 226,440 Recordkeeping
Not for-profits 34 CFR 668.57 1,731 1,530,000 0.12 183,600 Recordkeeping
State, Local, or Tribal Governments 34 CFR 668.57 1,892 1,683,000 0.12 201,960 Recordkeeping
Sub-total
5,709 5,100,000
612,000







34 CFR 668.59 Consequences of a change in FAFSA information





Business or other for-profits 34 CFR 668.59 2,086 6,415,800 0.12 769,896 Recordkeeping
Not for-profits 34 CFR 668.59 1,731 5,202,000 0.12 624,240 Recordkeeping
State, Local, or Tribal Governments 34 CFR 668.59 1,892 5,722,200 0.12 686,664 Recordkeeping
Sub-total
5,709 17,340,000
2,080,800







TOTAL
6,822,836 30,634,000
3,691,550
File Typeapplication/vnd.ms-excel
AuthorDan.Klock
Last Modified ByJames Hyler
File Modified2010-10-19
File Created2007-05-03

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