The Department is requesting a
revision of the current information collection. These Federal
Family Education Loan (FFEL) Program regulations require a loan
holder to match its database against the Defense Manpower Data
Center (DMDC) and automatically apply the interest rate limitation,
as appropriate, to borrowers under the Servicemembers Civil Relief
Act (SCRA). There has been no change in the statute or in the
regulations. The Department is revising downward the overall
collection burden due to the decreasing number of FFEL loan holders
and affected loans. Additionally, the Department is removing the
minimal burden previously assessed individuals as a separate form
was created subsequent to the initial information collection and
the burden on individuals is more appropriate linked to that
information collection.
US Code:
20
USC 1087-1 Name of Law: Higher Education Act of 1965, as
amended
The Department is requesting a
revision of this information collection. The regulations associated
with this collection have not changed since 2015. The program
change is due to the decrease of 72,739 burden hours caused, in
part, by the transition to the automated, electronic transfer of
information between the DOD and the Department, as well as on the
decrease in the number of lenders participating in the FFEL
program. The adjustment is due to the removal of the 20 hours of
burden for 59 individuals as it is currently captured under the
SCRA request form, OMB approved information collection
1845-0135.
$0
No
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.