Federal Family Education Loan Program -- individuals

OMB.1845.0020.v.8 Table. To Add 1845-0086 Burden
Respondent Type	Requirement	# of Respondents	# of Responses	Hours/Response	Total Hours
Section A: Burden by Affected Entity
Federal Government
Individuals or Households
Borrowers - (PRA Issue #2)	34 CFR 682.206	10,032	10,032	1.00	10,032
Borrowers - Entrance Interviews	34 CFR 682.604	5,939,400	5,939,400	0.08	475,152
Borrowers - Exit Interviews	34 CFR 682.604	5,404,854	5,404,854	0.08	432,388
Sub-total		11,354,286	11,354,286		917,572
Individuals or Households (migrated from 1845-0086)	34 CFR 682.215	125,654	125,654	0.75	94,241
Sub-total		125,654	125,654		94,241	Increase in burden
Sub-total with 1845-0086		11,479,940	11,479,940	1.91	1,011,813
Private Sector
Business or other for-profits
Lenders -Consolidation loans (PRA Issue #2)	34 CFR 682.206	11,147	11,147	0.08	892
Lenders - addt'l notice for troubled borrowers (PRA #8)	34 CFR 682.205	4,692,126	4,692,126	0.17	797,661
Lenders - notice consolidation app received (PRA Issue # 2)	34 CFR 682.206	670,753	670,753	0.08	53,660
Lenders - Forbearance (PRA Issue #3)	34 CFR 682.211	481,330	481,330	0.03	14,440
Lenders - Forbearance capitalization info - (PRA Issue #10)	34 CFR 682.211	2,696,673	2,696,673	0.08	215,734
Lenders - Income-Based Repayment (PRA Issue #4)	34 CFR 682.215	1,128,579	1,128,579	0.08	90,286
Lenders - ELTs and audits (PRA Issue # 11)	34 CFR 682.305	109	109	100.00	10,900
Institutions - Proprietary - expanded information (PRA Issue # 12)	34 CFR 682.401	1,295	1,295	2.00	2,590
Institutions - Proprietary - entrance interviews	34 CFR 682.604	1,295	1,295	3.00	3,885
Institutions - Proprietary - exit interviews	34 CFR 682.604	1,295	1,295	3.00	3,885
Sub-total		9,684,602	9,684,602		1,193,933
Private Sector (migrated from 1845-0086)
Business or other for-profits
Lenders	34 CFR 682.215	125,654	125,654	0.50	62,827
Sub-total		125,654	125,654		62,827	Increase in burden
Sub-total with 1845-0086		9,810,256	9,810,256		1,256,760
Not-for profits
Institutions - Private School as lender & audits (PRA Issue #11)	34 CFR 682.305	72	72	100.00	7,200
Institutions - Private expanded information (PRA Issue #12)	34 CFR 682.401	1,536	1,536	2.00	3,072
Guaranty Agencies - expanded information (PRA Issue #12)	34 CFR 682.401	36	36	10.00	360
Guaranty Agencies - credit agency notification (PRAA Issue # 14)	34 CFR 682.405(b)	229,899	229,899	0.08	18,392
Guaranty Agencies - rehabiilitated loans and financial literacy info (PRA #13)	34 CFR 682.405(c)	143,687	143,687	0.17	24,427
Guaranty Agencies - 2nd notice (PRA Issue # 15)	34 CFR 682.410	734,918	734,918	0.08	58,793
Institutions - Private - entrance interviews	34 CFR 682.604	1,536	1,536	3.00	4,608
Institutions - Private - exit interviews	34 CFR 682.604	1,536	1,536	3.00	4,608
Sub-total		1,113,220	1,113,220		121,460
Not-for profits (migrated from 1845-0086)
Guarantors	34 CFR 682.215	44,421	44,421	0.50	22,211
	34 CFR 682.215	81,233	81,233	0.08	6,499
Sub-total		125,654	125,654		28,709	Increase in burden
Sub-total with 1845-0086		1,238,874	1,238,874		150,709
Farms
State, Local, or Tribal Governments
Institutions - Public - expanded information (PRA Issue # 12)	34 CFR 682.401	1,363	1,363	2.00	2,726
Institutions - Public - entrance interviews	34 CFR 682.604	1,363	1,363	3.00	4,089
Institutions - Public - exit interviews	34 CFR 682.604	1,363	1,363	3.00	4,089
Sub-total		4,089	4,089		10,904
Total
Section B: Burden Impact Totals
CURRENT INVENTORY		24,940,153	24,940,153		12,165,507
Current # Respondents
Current # of Responses
Current Inventory of Hours
REVISED TOTAL RESPONDENTS		25,317,115	25,317,115		12,351,284
REVISED TOTAL RESPONSES		25,317,115	25,317,115
REVISED TOTAL BURDEN HOURS					12,351,284
Difference		376,962	376,962		185,377