View Information Collection Request (ICR) Package

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View ICR - OIRA Conclusion

OMB Control No: 1845-0129	ICR Reference No: 201410-1845-005
Status: Historical Active	Previous ICR Reference No: 201409-1845-002
Agency/Subagency: ED/FSA	Agency Tracking No:
Title: PLUS Adverse Credit Reconsideration Loan Counseling
Type of Information Collection: New collection (Request for a new OMB Control Number)	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 10/29/2014
	Date Received in OIRA: 10/23/2014
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	10/31/2017	36 Months From Approved
Responses	421,052	0	0
Time Burden (Hours)	352,047	0	0
Cost Burden (Dollars)	0	0	0

ICR Summary of Burden

	Total Approved	Change Due to Agency Discretion
Annual Number of Responses	421,052	421,052
Annual Time Burden (Hours)	352,047	352,047
Annual Cost Burden (Dollars)	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Changing Regulations

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

Burden Reduction Due to:

Short Statement: This is a request for a new information collection. The program change is a result of the final regulatory language implementing changes in 34 CFR Section 685.200. We are estimating an additional 352,047 hours of burdens to individuals. The increase in burden is due to the expansion of the requirements for borrowers who have been denied a PLUS loan due to an adverse credit determination and who appeal the loan denial determination using the extenuating circumstances review or by obtaining a creditworthy endorser to complete the required enhanced PLUS loan counseling.

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