| OMB.1845.XXXA.v.1 Table.12.18.09 |
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| Respondent Type |
Requirement |
# of Respondents |
# of Responses |
Hours/Response |
Total Hours |
Description |
Section A: Burden by Affected Entity
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| Federal Government |
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| Individuals or Households |
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| Borrowers |
34 CFR 601.10 |
1,900,608 |
1,900,608 |
0.17 |
323,103 |
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| Borrowers |
34 CFR 601.11 |
3,333,600 |
3,333,600 |
0.25 |
833,400 |
NOTE: Burden associated with the completion of the Private Education Loan Self-Certification form OMB 1845-XXXA |
| Borrowers |
34 CFR 601.40 |
3,666,960 |
3,666,960 |
0.08 |
293,357 |
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| Sub-total |
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8,901,168 |
8,901,168 |
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1,449,860 |
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| Private Sector |
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| Business or other for-profits |
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| Institutions - Proprietary-preferred lender lists |
34 CFR 601.10 |
242 |
242 |
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2,174 |
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| Institutions - Proprietary -adopt TILA form |
34 CFR 601.11 |
88 |
88 |
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351 |
NOTE: Burden associated with the completion of the Private Education Loan Self-Certification form OMB 1845-XXXA |
| Institutions - Proprietary -TILA disclosures |
34 CFR 601.11 |
55,004 |
55,004 |
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55,004 |
NOTE: Burden associated with the completion of the Private Education Loan Self-Certification form OMB 1845-XXXA |
| Institutions-Proprietary - Annual Report |
34 CFR 601.20 |
67 |
67 |
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17 |
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| Institutions - Proprietary-Code of Conduct |
34 CFR 601.21 |
67 |
67 |
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235 |
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| Lender Responsibility-TILA disclosures |
34 CFR 601.40 |
3,666,960 |
3,666,960 |
0.17 |
623,383 |
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| Lender Responsibility- reasonable expense |
34 CFR 601.40 |
884 |
884 |
0.33 |
292 |
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| Sub-total |
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3,723,312 |
3,723,312 |
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681,456 |
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| Not-for profits |
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| Institutions - Private |
34 CFR 601.10 |
537 |
537 |
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4,831 |
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| Institutions - Private-adopt TILA form |
34 CFR 601.11 |
984 |
984 |
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3,936 |
NOTE: Burden associated with the completion of the Private Education Loan Self-Certification form OMB 1845-XXXA |
| Institutions - Private-adopt TILA disclosures |
34 CFR 601.11 |
616,049 |
616,049 |
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616,049 |
NOTE: Burden associated with the completion of the Private Education Loan Self-Certification form OMB 1845-XXXA |
| Institutions - Private-Annual Report |
34 CFR 601.20 |
752 |
752 |
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188 |
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| Institutions - Private-Code of Conduct |
34 CFR 601.21 |
752 |
752 |
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2,630 |
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| Sub-total |
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619,073 |
619,074 |
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627,634 |
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| Farms |
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| State, Local, or Tribal Governments |
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| Institutions - Public |
34 CFR 601.10 |
564 |
564 |
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5,073 |
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| Institutions - Public-adopt TILA form |
34 CFR 601.11 |
685 |
685 |
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2,741 |
NOTE: Burden associated with the completion of the Private Education Loan Self-Certification form OMB 1845-XXXA |
| Institutions - Public-adopt TILA disclosures |
34 CFR 601.11 |
429,034 |
429,034 |
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429,034 |
NOTE: Burden associated with the completion of the Private Education Loan Self-Certification form OMB 1845-XXXA |
| Institutions - Public-Annual Report |
34 CFR 601.20 |
523 |
523 |
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131 |
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| Institutions - Public-Code of Conduct |
34 CFR 601.21 |
523 |
523 |
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1,832 |
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| Sub-total |
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431,330 |
431,330 |
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438,811 |
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| Section B: Burden Impact Totals |
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| Total |
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13,674,883 |
13,674,883 |
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3,197,761 |
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| CURRENT INVENTORY |
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| Current # of Respondents |
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0 |
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| Current # of Responses |
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0 |
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| Current Inventory of Hours |
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0 |
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| REVISED # OF RESPONDENTS |
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13,674,883 |
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| REVISED # OF RESPONSES |
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13,674,883 |
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| REVISED # OF BURDEN HOURS |
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3,197,761 |
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| TOTAL # RESPONDENTS |
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13,674,883 |
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| TOTAL # RESPONSES |
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13,674,883 |
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| TOTAL # HOURS |
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3,197,761 |
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| Difference |
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3,197,761 |
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| Section C: Burden by Regulation Group |
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| 1. 34 CFR 601.10 (TEAM 2 PRA Issue 1) |
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| Individuals |
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| Borrowers |
34 CFR 601.10 |
1,900,608 |
1,900,608 |
0.17 |
323,103 |
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| Business or other for-profits |
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| Institutions - Proprietary |
34 CFR 601.10 |
242 |
242 |
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2,174 |
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| Not-for profits |
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| Institutions - Private |
34 CFR 601.10 |
537 |
537 |
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4,831 |
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| State, Local, or Tribal Governments |
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| Institutions - Public |
34 CFR 601.10 |
564 |
564 |
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5,073 |
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| Sub-total for All Institutions |
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1,342 |
1,342 |
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12,078 |
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| TOTAL for 34 CFR 601.10 |
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1,901,950 |
1,901,950 |
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335,181 |
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| 2. Section 601.11 Private education loan disclosures and self-certification form |
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| 34 CFR 601.11 (TEAM 2 PRA Issue 2) |
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| Individuals |
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| Borrowers |
34 CFR 601.11 |
3,333,600 |
3,333,600 |
0.25 |
833,400 |
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| Business or other for-profits |
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| Institutions - Proprietary -adopt TILA form |
34 CFR 601.11 |
88 |
88 |
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351 |
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| Institutions - Proprietary -TILA disclosures |
34 CFR 601.11 |
55,004 |
55,004 |
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55,004 |
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| Not-for profits |
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| Institutions - Private-adopt TILA form |
34 CFR 601.11 |
984 |
984 |
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3,936 |
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| Institutions - Private-adopt TILA disclosures |
34 CFR 601.11 |
616,049 |
616,049 |
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616,049 |
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| State, Local, or Tribal Governments |
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| Institutions - Public-adopt TILA form |
34 CFR 601.11 |
685 |
685 |
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2,741 |
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| Institutions - Public-adopt TILA disclosures |
34 CFR 601.11 |
429,034 |
429,034 |
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429,034 |
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| Sub-total for All Institutions |
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1,101,845 |
1,101,845 |
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1,107,115 |
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| TOTAL for 34 CFR 601.11 |
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4,435,445 |
4,435,445 |
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1,940,515 |
NOTE: Burden associated with the completion of the Private Education Loan Self-Certification form OMB 1845-XXXA |
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| 3. 34 CFR 601.20 (TEAM 2 PRA Issue 3) |
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| Individuals |
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| Borrowers |
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| Institutions-Proprietary - Annual Report |
34 CFR 601.20 |
67 |
67 |
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17 |
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| Not-for profits |
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| Institutions - Private-Annual Report |
34 CFR 601.20 |
752 |
752 |
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188 |
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| State, Local, or Tribal Governments |
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| Institutions - Public-Annual Report |
34 CFR 601.20 |
523 |
523 |
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131 |
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| Sub-total for All Institutions |
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1,342 |
1,342 |
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336 |
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| TOTAL for 34 CFR 601.20 |
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1,342 |
1,342 |
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336 |
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| 4. 34 CFR 601.21 (TEAM 2 PRA Issue 4) |
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| Individuals |
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| Borrowers |
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| Business or other for-profits |
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| Institutions - Proprietary-Code of Conduct |
34 CFR 601.21 |
67 |
67 |
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235 |
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| Not-for profits |
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| Institutions - Private-Code of Conduct |
34 CFR 601.21 |
752 |
752 |
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2,630 |
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| State, Local, or Tribal Governments |
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| Institutions - Public-Code of Conduct |
34 CFR 601.21 |
523 |
523 |
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1,832 |
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| Sub-total for All Institutions |
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1,342 |
1,342 |
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4,697 |
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| TOTAL for 34 CFR 601.21 |
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1,342 |
1,342 |
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4,697 |
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| 5. 34 CFR 601.40 9TEAM 2 PRA Issue 6) |
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| Individuals |
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| Borrowers |
34 CFR 601.40 |
3,666,960 |
3,666,960 |
0.08 |
293,357 |
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| Business or other for-profits |
|
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|
|
|
|
| Lender Responsibility - reasonable expense |
34 CFR 601.40 |
884 |
884 |
0.33 |
292 |
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| Lender Responsibility - TILA disclosures |
34 CFR 601.40 |
3,666,960 |
3,666,960 |
0.17 |
623,383 |
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| Not-for profits |
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| Institutions - Private-Lender Responsibility |
34 CFR 601.40 |
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| State, Local, or Tribal Governments |
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| Institutions - Public-Lender Responsbility |
34 CFR 601.40 |
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| Sub-total for Lenders |
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3,667,844 |
3,667,844 |
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623,675 |
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| TOTAL for 34 CFR 601.40 |
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7,334,804 |
7,334,804 |
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917,032 |
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| GRAND TOTAL |
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13,674,883 |
13,674,883 |
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3,197,761 |
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