Borrower Defense to Loan Repayment Universal Forms
No material or nonsubstantive change to a currently approved collection
No
Regular
Approved without change
07/26/2023
07/11/2023
table that charts list comparision
Inventory as of this Action
Requested
Previously Approved
06/30/2026
06/30/2026
06/30/2026
378,230
0
378,230
990,034
0
990,034
0
0
0
This request is to apply a simple change (83C) to the currently approved Individual Application for the information collection 1845-0163 to incorporate the instruction correction to the form. The form attached illustrates the changes we would like to make in the âOtherâ section of the Individual Application on pages 16 and 17. No other forms are affected by this correction. These edits are to make the "Other" section consistent with the questions in the other misrepresentation sections and are based on feedback received from advocacy groups during the 30 day notice and comment period. These changes were already made in six sections of the Individual Application but were overlooked in the corresponding text in the âOtherâ section when the forms were submitted during the full information clearance process which was approved June 30, 2023.
This request is for a revised information collection following the 60-day public comment period. This reflects the requirements of the final regulations offered through program change. The burden estimated for this information collection have changed based on public comment. The new burden is 900,000 hours based on estimated 3 hours for 300,000 individual requests, and 75,000 hours based on an estimated 1 hour for individual reconsideration. In addition, based on public comment there is the addition of 14,500 hours for group filings and requests for reconsideration (15 private entities with an estimated 8,300 hour and 10 public entities with an estimated 6,200) and .167 (10 minutes) for 3,200 institutions. This is a total of 303,200 respondents representing an increase of 207,225 respondents, 378,230 responses representing an increase of 282,230 responses and 990,034 representing an increase of 942,034 burden hours.
$0
No
Yes
Yes
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.