Justification for Change

JUSTIFICATION FOR A NO MATERIAL NON-SUBSTANTIVE CHANGE

Generic Information Collection Plan for the Evaluation of Financial Empowerment Training Programs

OMB No. 3170-0038

The Consumer Financial Protection Bureau (CFPB) hereby request two (2) no material non-substantive changes to the subject CFPB generic information collection plan. The requested changes are as follows:

1. Title Change:

1. From: “Program Evaluation of Financial Empowerment Training Programs “.

2. To: “Generic Information Collection Plan for the Evaluation of Financial Empowerment Training Programs”.

3. Reason: The new title more clearly identifies this OMB number as being one of CFBP’s generic information collection plans.

2. Burden Change:

1. Current Burden: Response – 8,330; Hours – 1,720; Costs - $0.

2. New Burden: Response – 24,990; Hours – 5,160; Costs - $0.

3. Reason: The burden (responses and hours) is being changed from the estimated one year burden to the estimated three year burden to cover the three year life-cycle of this generic information collection plan.