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
1845-0130 Supporting Statement 30D.docx Supporting Statement A	2020-11-30

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: 202009-1845-001
Status: Received in OIRA	Previous ICR Reference No: 201710-1845-002
Agency/Subagency: ED/FSA	Agency Tracking No: ED-2020-SCC-0152
Title: Third Party Servicer Data Collection
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular	Date Submitted to OIRA: 12/03/2020

	Requested	Previously Approved
Expiration Date	36 Months From Approved	02/28/2021
Responses	107	325
Time Burden (Hours)	56	334
Cost Burden (Dollars)	0	0

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Abstract: The Department of Education (the Department) is seeking an revision of the OMB approval of a Third Party Servicer Data Form. This form collects information from third party servicers. This form is used to validate the information reported to the Department by higher education institutions about the third party servicers that administer one or more aspects of the administration of the Title IV, HEA programs on an institution’s behalf. This form also collects additional information required for effective oversight of these entities. There has been no change to the supporting regulatory language. We have reevaluated the usage of the form and there is a resulting decrease in the number of respondents and burden hours.

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Authorizing Statute(s): US Code: 20 USC 1094 Name of Law: Higher Education Act of 1965, as amended
  

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:
	85 FR 58042	09/17/2020
30-day Notice:	Federal Register Citation:	Citation Date:
	85 FR 78129	12/03/2020
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 Request	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	107	325	0	-218	0	0
Annual Time Burden (Hours)	56	334	0	-278	0	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: Yes

Burden Reduction Due to: Changing Forms

Short Statement: This is a request for the revision of information collection 1845-0130. There has been no change to the supporting regulatory language. We have reevaluated the usage of the form and there is a resulting decrease in the number of respondents and burden hours. We now anticipate 107 respondents requiring 56 hours to complete or update the Third Party Servicer Data Forms. This is a decrease from the previous filing of 218 respondents and 278 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? No

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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: 12/03/2020

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