Pursuant to 5 CFR 1320.11(c), OMB files this comment on this information collection request (ICR). The agency shall examine public comment in response to the NPRM and will describe in the supporting statement of its next collection any public comments received regarding the collection as well as why (or why it did not) incorporate the commenterâs recommendation. The next submission to OMB must include the draft final rule.
Inventory as of this Action
Requested
Previously Approved
12/31/2019
36 Months From Approved
12/31/2019
17,100,166
0
17,100,166
8,249,520
0
8,249,520
0
0
0
The Department of Education (the Department) proposes to amend the Federal Family Education Loan (FFEL) Program regulations to implement changes Subpart D â Administration of the Federal Family Education Loan Programs by a Guaranty Agency for §682.402. These proposed regulations are a result of negotiated rulemaking and would add new requirements to the current regulations.
The proposed regulations in §682.402(d) extend the number of days that a borrower must have withdrawn from a closed school to qualify for a closed school discharge would be extended from 120 days to 180 days. The proposed regulations in §682.402(d)(6)(ii)(F) would require a guaranty agency that denies a closed school discharge request to inform the borrower of the opportunity for a review of the guaranty agencyâs decision by the Secretary, and explain how the borrower may request such a review. The proposed regulations in §682.402(d)(6)(ii)(J) would describe the responsibilities of the guaranty agency and the Secretary if the borrower requests such a review. The proposed regulations in §682.402(d)(6)(ii)(K) describes the responsibilities of the guaranty agency and the Secretary if the borrower requests such a review. The proposed regulations in §682.402(d)(8)(iii) authorizes the a guaranty agency with the Departmentâs permission, to grant a closed school discharge to an FFEL borrower without a borrower application based on information in the Departmentâs or guaranty agencyâs possession that the borrower did not subsequently re-enroll in any title IV-eligible institution within a period of three years after the school closed.
This request is to revise the currently approved information collection. These changes are due to the proposed regulations offered through program change. The increase in burden to this information collection is 410 hours based on an additional total 194 estimated responses for 24 respondents. The agencies would have to update their systems to identify enrollment tied to a closed school discharge for an applicant from the current 120 day prior to closure to 180 day prior to closure. Additionally, the agencies would have to establish a system to forward documentation to the Secretary for any closed school discharge which it did not approve if so requested by the borrower.
$0
No
No
No
No
No
No
Uncollected
Beth Grebeldinger 202 708-8242
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.