Notice2024-00486
Agency Information Collection Activities; Comment Request; Joint Consolidation Loan Separation Application
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
January 12, 2024
Issuing agencies
Education Department
Abstract
In accordance with the Paperwork Reduction Act (PRA) of 1995, the Department is proposing a new information collection request (ICR).
Full Text
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<title>Federal Register, Volume 89 Issue 9 (Friday, January 12, 2024)</title>
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[Federal Register Volume 89, Number 9 (Friday, January 12, 2024)]
[Notices]
[Pages 2217-2218]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-00486]
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DEPARTMENT OF EDUCATION
[Docket No.: ED-2024-SCC-0005]
Agency Information Collection Activities; Comment Request; Joint
Consolidation Loan Separation Application
AGENCY: Federal Student Aid (FSA), Department of Education (ED).
ACTION: Notice.
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SUMMARY: In accordance with the Paperwork Reduction Act (PRA) of 1995,
the Department is proposing a new information collection request (ICR).
DATES: Interested persons are invited to submit comments on or before
March 12, 2024.
ADDRESSES: To access and review all the documents related to the
information collection listed in this notice, please use <a href="http://www.regulations.gov">http://www.regulations.gov</a> by searching the Docket ID number ED-2024-SCC-0005.
Comments submitted in response to this notice should be submitted
electronically through the Federal eRulemaking Portal at <a href="http://www.regulations.gov">http://www.regulations.gov</a> by selecting the Docket ID number or via postal
mail, commercial delivery, or hand delivery. If the <a href="http://regulations.gov">regulations.gov</a>
site is not available to the public for any reason, the Department will
temporarily accept comments at <a href="/cdn-cgi/l/email-protection#165f555279757d73625b716456737238717960"><span class="__cf_email__" data-cfemail="377e747358545c52437a504577525319505841">[email protected]</span></a>. Please include the
docket ID number and the title of the information collection request
when requesting documents or submitting comments. Please note that
comments submitted after the comment period will not be accepted.
Written requests for information or comments submitted by postal mail
or delivery should be addressed to the Manager of the Strategic
Collections and Clearance Governance and Strategy Division, U.S.
Department of Education, 400 Maryland Ave. SW, LBJ, Room 6W203,
Washington, DC 20202-8240.
FOR FURTHER INFORMATION CONTACT: For specific questions related to
collection activities, please contact Beth Grebeldinger, (202) 377-
4018.
SUPPLEMENTARY INFORMATION: The Department, in accordance with the
Paperwork Reduction Act of 1995 (PRA) (44 U.S.C. 3506(c)(2)(A)),
provides the general public and Federal agencies with an opportunity to
comment on proposed, revised, and continuing collections of
information. This helps the Department assess the impact of its
information collection requirements and minimize the public's reporting
burden. It also helps the public understand the Department's
information collection requirements and provide the requested data in
the desired format. The Department is soliciting comments on the
proposed information collection request (ICR) that is described below.
The Department is especially interested in public comment addressing
the following issues: (1) is this collection necessary to the proper
functions of the Department; (2) will this information be processed and
used in a timely manner; (3) is the estimate of burden accurate; (4)
how might the Department enhance the quality, utility, and clarity of
the
[[Page 2218]]
information to be collected; and (5) how might the Department minimize
the burden of this collection on the respondents, including through the
use of information technology. Please note that written comments
received in response to this notice will be considered public records.
Title of Collection: Joint Consolidation Loan Separation
Application.
OMB Control Number: 1845-NEW.
Type of Review: New ICR.
Respondents/Affected Public: Individuals or Households; Private
Sector.
Total Estimated Number of Annual Responses: 74,000.
Total Estimated Number of Annual Burden Hours: 24,051.
Abstract: This is a new collection. The Joint Consolidation Loan
Separation Act (JCLSA), amended the Higher Education Act of 1965, as
amended (HEA) to allow joint consolidation co-borrowers to apply to
separate an existing joint Direct Consolidation Loan or Federal
Consolidation Loan into individual Direct Consolidation Loans. The HEA,
as amended by the JCLSA, requires joint consolidation loan borrowers to
apply to the U.S. Department of Education if they wish to separate an
existing joint consolidation loan into one or more individual Direct
Consolidation Loans. The JCLSA allows for either joint application or
separate application. Under the joint application option, each joint
consolidation loan co-borrower applies for an individual Direct
Consolidation Loan. Unless the co-borrowers agree on an alternate
amount specified in a divorce decree, court order, or settlement
agreement, each co-borrowers new individual Direct Consolidation Loan
will be made for an amount equal to the co-borrowers' portion of the
remaining outstanding balance of the joint consolidation loan. Under
the separate application option, a co-borrower who certifies that they
have experienced an act of domestic violence or economic abuse from the
other co-borrower, or that they are unable to reasonably reach or
access the loan information of the other co-borrower, may apply
separately for a new individual Direct Consolidation Loan, without
regard to whether or when the other co-borrower applies. In this
circumstance, the applying co-borrowers new Direct Consolidation Loan
will be made for an amount equal to that individual's portion of the
joint consolidation loan, determined as described above for the joint
application option.
Dated: January 8, 2024.
Kun Mullan,
PRA Coordinator, Strategic Collections and Clearance, Governance and
Strategy Division, Office of Chief Data Officer, Office of Planning,
Evaluation and Policy Development.
[FR Doc. 2024-00486 Filed 1-11-24; 8:45 am]
BILLING CODE 4000-01-P
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</html>Indexed from Federal Register on January 12, 2024.
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