Third Party Servicer Data Collection

Forms and Documents

Document Name	Status
Third Party Servicer Data Form Form and Instruction	Modified
Third Party Servicer Data Form Form and Instruction	Modified
Third Party Servicer Data Form Form and Instruction	Modified
Third Party Servicer Data Form Form and Instruction	Modified
30D Supporting Statement 1845-0130 Third Party Servicer Data Form.docx Supporting Statement A	2017-12-18

IC Document Collections

IC ID	Document Title	Status
213002	Third Party Servicer Data Form Form and Instruction	Modified
213000	Third Party Servicer Data Form Form and Instruction	Modified
212998	Third Party Servicer Data Form Form and Instruction	Modified
212983	Third Party Servicer Data Form Form and Instruction	Modified

ICR Details

OMB Control No: 1845-0130	ICR Reference No: 201710-1845-002
Status: Active	Previous ICR Reference No: 201409-1845-001
Agency/Subagency: ED/FSA	Agency Tracking No:
Title: Third Party Servicer Data Collection
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: 02/07/2018
	Date Received in OIRA: 12/21/2017
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	02/28/2021	36 Months From Approved	02/28/2018
Responses	325	0	600
Time Burden (Hours)	334	0	750
Cost Burden (Dollars)	0	0	0

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Abstract: The Department of Education (ED)is seeking continued approval of a Third Party Servicer Data Collection form to be used to collect information from Third Party Servicers, validate the information reported to ED by higher education institutions regarding third party servicers that administer one or more aspects of the administration of the Title IV, Higher Education Act of 1965, as amended, programs on an institution's behalf, and to collect additional information required for effective oversight of these entities.

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Authorizing Statute(s): None

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	82 FR 48068	10/16/2017
30-day Notice:	Federal Register Citation:	Citation Date:
	82 FR 60591	12/21/2017
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 4

IC Title	Form No.	Form Name
Third Party Servicer Data Form	N/A	Third Party Servicer Data Form
Third Party Servicer Data Form	N/A	Third Party Servicer Data Form
Third Party Servicer Data Form	N/A	Third Party Servicer Data Form
Third Party Servicer Data Form	N/A	Third Party Servicer Data Form

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ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	325	600	0	0	-275	0
Annual Time Burden (Hours)	334	750	0	0	-416	0
Annual Cost Burden (Dollars)	0	0	0	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: There has been no change to regulation since the initial collection. This information collection provides necessary information on third party servicers who provide Title IV, HEA services to eligible institutions and allow the Department to maintain oversight of the servicers and protect the interests of eligible institutions, eligible students and taxpayers. We anticipate 325 respondents to take 334 hours to update or complete the Third Party Servicer Data Form. This is a decrease of 275 respondents and 416 burden hours.

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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.     No

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.     No

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

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 12/21/2017

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