Student Assistance General Provisions

ICR 201610-1845-003

OMB: 1845-0022

Federal Form Document

Forms and Documents
Document
Name
Status
No forms / supporting documents in this ICR. Check IC Document Collections.
ICR Details
1845-0022 201610-1845-003
Historical Inactive 201606-1845-012
ED/FSA
Student Assistance General Provisions
Revision of a currently approved collection   No
Regular
Preapproved 12/02/2016
Retrieve Notice of Action (NOA) 10/24/2016
  Inventory as of this Action Requested Previously Approved
12/31/2019 36 Months From Approved 10/31/2018
1,343,120 0 1,329,098
2,281,511 0 2,215,970
0 0 0

The Department of Education (the Department) amends the Student Assistance General Provisions regulations issued under the Higher Education Act of 1965, as amended (HEA), to implement changes made to the Student Assistance General Provisions regulations in §§668.14, 668.171 and 668.175.. These regulations are a result of negotiated rulemaking and would add new requirements to the current regulations. These regulations in §668.14 are intended to increase outreach by the Secretary and institutions and make more information available to borrowers eligible for a closed school discharge so that they are aware of the option. The regulations in §668.171 include conditions and events that trigger a requirement that the school provide financial protection, such as a letter of credit. The regulations in §668.175 identifies the amounts of financial protection, such as letters of credit, required in the event of particular occurrences identified in §668.171.

US Code: 20 USC 1085, 1088, 1091-1094, 1099c Name of Law: Higher Education Act 1965 as amended
  
None

1840-AD19 Final or interim final rulemaking

No

  Total Request 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 1,343,120 1,329,098 0 14,022 0 0
Annual Time Burden (Hours) 2,281,511 2,215,970 0 65,541 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Changing Regulations
No
This request is to revise the currently approved information collection. These changes are due to the proposed regulations offered through program changes. The increase in burden to this information collection is 65,541 hours. These changes to the regulations are a result of negotiated rulemaking.

$0
No
No
No
No
No
Uncollected
Ian Foss 202 377-3681

  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.
10/24/2016


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