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
07/18/2023
Requested
Previously Approved
36 Months From Approved
09/30/2023
35
43
35
43
0
0
This request is for the extension of a
current paperwork collection in the Office of Management and Budget
(OMB) Control Number 1845-0085 for the reporting requirement
contained in the regulations for States, not-for-profit lenders and
eligible lender trustees under 34 CFR 682.302 for the Federal
Family Education Loan (FFEL) Program. The regulations in §682.302
require a State, non-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
qualifies as a State or non-profit entity. The submission must
include documentation establishing the entity’s State or non-profit
status. In addition, the submission must include the name and
lender identification number for which the eligible not-for-profit
designation is being certified.
US Code:
20
USC 1078 Name of Law: Higher Education Act of 1965, as
amended
This is a request for an
extension of the current collection package. The burden decrease of
8 hours is due to a corresponding decrease in the number of
participants. The recalculated burden is now 35 hours based on 35
respondents with a single annual 1 hour response. There has been no
change in the regulations or the information required to be
provided to the Department.
$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.