View Information Collection Request (ICR) Package

OMB Control No: 1840-0674	ICR Reference No: 199802-1840-004
Status: Historical Active	Previous ICR Reference No: 199501-1840-001
Agency/Subagency: ED/OPE	Agency Tracking No:
Title: Consolidation Loan Rebate Fee Report
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 05/04/1998
	Date Received in OIRA: 02/24/1998
Terms of Clearance: Approved consistent with ED's memo to OMB of 4/6/98. In addition, ED will, as soon as possible, revise the instructions to allow respondents to report on End-of-Month Accrued Unpaid Interest Balance rounding to the nearest dollar (rather than reporting to the exact penny). ED will update OMB on their progress and submit to OMB at the appropriate time an addendum to the current package that incorporates this change. Further, ED will revise the current version of the form to clarify that a) 428C(f) requires the fee to be paid on the unpaid principal and accrued interest; and b) adjustments for prior months' reporting are required to account for retroactive adjustments.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	05/31/2001	05/31/2001	04/30/1998
Responses	4,800	0	4,800
Time Burden (Hours)	5,200	0	5,200
Cost Burden (Dollars)	0	0	0

Abstract: The Consolidation Loan Rebate Fee Report for payment by check or electronic funds transfer (ETF) will be used by approximately 400 lenders participating in the title IV, part B, loan programs. The information collected is used to transmit interest payment rebate fees to the Secretary of Education.

Authorizing Statute(s): None

Citations for New Statutory Requirements: None

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:

Federal Register Notices & Comments
Did the Agency receive public comments on this ICR? No

Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Consolidation Loan Rebate Fee Report	ED-4-619

ICR Summary of Burden

	Total Approved	Previously Approved
Annual Number of Responses	4,800	4,800
Annual Time Burden (Hours)	5,200	5,200
Annual Cost Burden (Dollars)	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement:

Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? Uncollected

Is this ICR related to the Pandemic Response? Uncollected

View ICR - OIRA Conclusion