View Information Collection Request (ICR) Package

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View ICR - OIRA Conclusion

OMB Control No: 1845-0133	ICR Reference No: 201802-1845-002
Status: Historical Active	Previous ICR Reference No: 201501-1845-001
Agency/Subagency: ED/FSA	Agency Tracking No:
Title: Reaffirmation Agreement
Type of Information Collection: Revision of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 07/23/2018
	Date Received in OIRA: 05/04/2018
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	07/31/2021	36 Months From Approved	07/31/2018
Responses	13,156	0	28,880
Time Burden (Hours)	1,578	0	3,465
Cost Burden (Dollars)	0	0	0

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Adjustment in Estimate
Annual Number of Responses	13,156	28,880	-15,724
Annual Time Burden (Hours)	1,578	3,465	-1,887
Annual Cost Burden (Dollars)	0	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: This is a revision to the current collection. This adjustment is due to fewer than anticipated forms being filed. This form simplifies and standardizes the reaffirmation process for the borrower, institutions, and loan holder. It will also ensure continued enforceability of the student loan thereby maintaining fiscal accountability to the federal program and the taxpayer. The revised burden hours are 1,052 for 12,446 respondents for a savings of 1,887 hours. The reduction in burden is due to less respondents. The change in simplifying form did not result in a program change.

Annual Cost to Federal Government: $0

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

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination. Yes

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination. Yes

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

Agency Contact: Beth Grebeldinger 202 708-8242

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