Health Education Assistance
Loan (HEAL) Program: Forms
Revision of a currently approved collection
No
Regular
08/30/2021
Requested
Previously Approved
36 Months From Approved
12/31/2021
21
69
4
11
0
0
The HEAL form 504 is required for
lenders to make applications to the HEAL insurance program, to
report accurately and timely on loan actions, including transfer of
loans to a secondary agent, and to establish the repayment status
of borrowers who qualify for deferment of payments. The HEAL form
508 is required for HEAL borrowers to request deferment of payment
of their loan under specific conditions. This collection is
removing the datasets previously included in this collection due to
the decrease in the number of users.
US Code:
42
USC 292 Name of Law: Public Health Service Act
The Department is requesting a
revision of the currently approved information collection for HEAL
forms 504 and 508. We are decreasing the total number of
respondents to 21 from 69 (-48), responses to 21 from 69 (-48) and
burden hours to 4 from 11 (-7). These changes are due to a decrease
in HEAL servicer participation and the reduced number of borrowers
who were in a deferred status at the end of FY20.
No
Yes
Yes
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.