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 commenter’s 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 –
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extend the number of days that a borrower must have withdrawn from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 agency’s 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 Department’s permission, to grant a
closed school discharge to an FFEL borrower without a borrower
application based on information in the Department’s or guaranty
agency’s 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.
US Code:
20 USC 1071- 1087-4 Name of Law: Higher Education Act of 1965,
as amended
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.