Federal Family Education Loan Program Regulations

Forms and Documents

Document Name	Status
60D_1845-0020_20150605 final.docx Supporting Statement A	2015-06-17

IC Document Collections

IC ID	Document Title	Status
189940	Federal Family Education Loan Program -- state, local, or tribal gov't Other-Regulations	Modified
189939	Federal Family Education Loan Program -- private sector Other-Regulations	Modified
189938	Federal Family Education Loan Program -- individuals	Modified
184832	Federal Family Education Loan Program - For-Profit Institutions Other-Regulations	Modified

ICR Details

OMB Control No: 1845-0020	ICR Reference No: 201506-1845-014
Status: Historical Inactive	Previous ICR Reference No: 201309-1845-002
Agency/Subagency: ED/FSA	Agency Tracking No:
Title: Federal Family Education Loan Program Regulations
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Comment filed on proposed rule and continue	Conclusion Date: 08/19/2015
	Date Received in OIRA: 07/09/2015
Terms of Clearance: OMB files this comment in accordance with 5 CFR 1320.11( c ). This OMB action is not an approval to conduct or sponsor an information collection under the Paperwork Reduction Act of 1995. This action has no effect on any current approvals. If OMB has assigned this ICR a new OMB Control Number, the OMB Control Number will not appear in the active inventory. For future submissions of this information collection, reference the OMB Control Number provided. Resubmit when proposed rule is finalized.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	10/31/2016	36 Months From Approved	10/31/2016
Responses	16,971,195	0	16,971,195
Time Burden (Hours)	8,220,632	0	8,220,632
Cost Burden (Dollars)	0	0	0

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Abstract: These proposed Federal Family Education Loan (FFEL) Program regulations revise the current regulations by requiring a guaranty agency to engage in outreach to a borrower with whom it has entered into a rehabilitation agreement to ensure that the borrower understands the repayment options that will be available to the borrower after the successful rehabilitation of the defaulted loan. These proposed regulation changes are a result of negotiated rulemaking and would update the current regulations. The Department is requesting continued approval of the current collection along with consideration of the proposed revisions.

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Authorizing Statute(s): US Code: 20 USC 1071, et.al Name of Law: Higher Education Act of 1965, as amended
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
1840-AD18	Proposed rulemaking	80 FR 39608	07/09/2015

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Federal Register Notices & Comments

Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 4

IC Title	Form No.	Form Name
Federal Family Education Loan Program - For-Profit Institutions
Federal Family Education Loan Program -- individuals
Federal Family Education Loan Program -- private sector
Federal Family Education Loan Program -- state, local, or tribal gov't

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Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Changing Regulations

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The Department is requesting a revision of the current FFEL Program regulations under this information collection to reflect regulatory changes brought about through Negotiated Rulemaking. This is a program change due to agency discretion. The proposed regulations modify provisions governing loan rehabilitation. There is an increase of 21,266 hours in burden and an increase of 125,091 responses from the current collection.

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Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 07/09/2015

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