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
10/26/2023
07/18/2023
table that charts list comparision
Inventory as of this Action
Requested
Previously Approved
10/31/2026
36 Months From Approved
10/31/2023
35
0
43
35
0
43
0
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 entityâs letterhead signed by the State or non-profitâs 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 entityâs 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
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.