OMB files this comment in accordance with 5 CFR 1320.11( c ). This OMB action is not an
approval to conduct or sponsor an information collection under the Paperwork Reduction Act
of 1995. This action has no effect on any current approvals. If OMB has assigned this ICR a
new OMB Control Number, the OMB Control Number will not appear in the active inventory.
For future submissions of this information collection, reference the OMB Control Number
provided. 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
table that charts list comparision
Inventory as of this Action
Requested
Previously Approved
12/31/2022
36 Months From Approved
12/31/2022
17,100,166
0
17,100,166
8,249,520
0
8,249,520
0
0
0
The Department of Education 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(e) and §682.414(b). These proposed regulations are a result of negotiated rulemaking and would add new requirements to the current regulations.
The proposed regulations in §682.402(e)(6)(iii) would require if a FFEL borrower submits an application for discharge that a FFEL program loan holder determines is incomplete, the loan holder would notify the borrower of that determination and allow the borrower 30 days to amend the application and provide supplemental information.
The proposed regulations in §682.402(e)(6)(vii) would require a guaranty agency to issue a decision that explains the reasons for any adverse determination on a false certification discharge application, describes the evidence on which the decision was made, and provides the borrower, upon request, copies of the evidence. The guaranty agency would consider any response or additional information from the borrower and notify the borrower as to whether the determination is changed.
The proposed regulations in §682.402(e)(6)(ix) would provide the borrower with the option to request that the Secretary review the guaranty agency's decision.
The proposed regulations in §682.414(b)(4), would require FFEL Program lenders to report detailed information related to a borrowerâs deferments, forbearances, repayment plans, delinquency, and contact information on any FFEL loan to the Department by an established deadline.
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 15,602 hours based on an additional total 560 estimated responses.
$0
No
No
No
No
No
No
No
Beth Grebeldinger 202 708-8242
Reginfo record details
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.
1845-0020 Paperwork Burden Statement for NPRM 2022 update 2.docx
Federal Family Education Loan Program -- state, local, or tribal gov't