Federal Family Educational Loan Program (FFEL) - Administrative Requirements for States, Not-For-Profit Lenders, and Eligible Lenders Trustees

ICR 202004-1845-002

OMB: 1845-0085

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2020-06-16
ICR Details
1845-0085 202004-1845-002
Active 201708-1845-001
ED/FSA
Federal Family Educational Loan Program (FFEL) - Administrative Requirements for States, Not-For-Profit Lenders, and Eligible Lenders Trustees
Extension without change of a currently approved collection   No
Regular
Approved without change 09/28/2020
Retrieve Notice of Action (NOA) 06/19/2020
  Inventory as of this Action Requested Previously Approved
09/30/2023 36 Months From Approved 12/31/2020
43 0 61
43 0 61
0 0 0

The regulations in 34 CFR 682.302(f) assure the Secretary that the integrity of the program is protected from fraud and misuse of funds. These regulations require a State, not-profit entity, or eligible lender trustee to provide to the Secretary a certification on the State or non-profit entity's letterhead, signed by the State or non-profit's Chief Executive Officer, which states the basis upon which the entity meets the regulations. The submission must include the name and lender identification number(s) for which the eligible designation is being certified. Once an entity is approved it must provide an annual recertification notice identifying the name and lender identification number(s) for which designation is being requested.

US Code: 20 USC 1078 Name of Law: Higher Education Act of 1965, as amended
  
None

Not associated with rulemaking

  85 FR 20992 04/15/2020
85 FR 37078 06/19/2020
No

  Total Approved 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 43 61 0 0 -18 0
Annual Time Burden (Hours) 43 61 0 0 -18 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
This is a request for an extension of the current information collection package. The burden decrease of 18 hours is due to a decrease in the number of participants. The recalculated burden is now 43 hours based on 43 respondents with a single annual response requiring 1 hour each to meet.

$0
No
    No
    No
No
No
No
No
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.
06/19/2020


© 2024 OMB.report | Privacy Policy