2016 burden

2016 Burden.pdf

Student Loan Interest Statement

2016 burden

OMB: 1545-1576

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Burden Computation - Special Business Forms
Page 1 of 1

February 1, 2017

Product:
Description:
Variables
Responses.......
Line Items......
Forms Prepared..

1098E/
Student Loan Interest Statement
2013

Changes (+ -)

2016

8,761,303
______________
8
______________
0.85
______________

+13,386,931
_____________________________
_____________________________
_____________________________

22,148,234
______________
8
______________
0.85
______________

Computation of Changes
22,148,234 x _____________
0.12
Old Computation (Prog. Change) ______________
22,148,234 x _____________
0.12
New Computation.............. ______________
Balance...

=
=

2,657,789
_______________
2,657,789
_______________
0
_______________

Old Computation (Adjustment)
New Computation..............
Balance...

8,761,303 x _____________
0.12
______________
______________
22,148,234 x _____________
0.12

=
=

1,051,357
_______________
_______________
2,657,789
+1,606,432
_______________

Old Computation..............
New Computation..............
Balance...

______________ x _____________
______________ x _____________

=
=

_______________
_______________
_______________

Summary
Old Burden...................................................
Program Change...............................................
Adjustment...................................................
New Burden...................................................

1,051,357
_______________
0
_______________
+1,606,432
_______________
2,657,789
_______________

Paperwork Reduction Act Notice
Time Per Response
0.12
Record Keeping............
Learning..................
Preparing.................
Sending...................

Average Hours
Per Response
______________
______________
______________
0.12
______________

Notes:
Inrease in the number of responses.

Average Time
Per Response
___________________
___________________
___________________
0 hrs. , 07 min.
___________________


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