Notice2024-03230
Agency Information Collection Activities; Comment Request; PLUS Adverse Credit Reconsideration Loan Counseling
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
February 16, 2024
Issuing agencies
Education Department
Abstract
In accordance with the Paperwork Reduction Act (PRA) of 1995, the Department is proposing an extension without change of a currently approved information collection request (ICR).
Full Text
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<title>Federal Register, Volume 89 Issue 33 (Friday, February 16, 2024)</title>
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[Federal Register Volume 89, Number 33 (Friday, February 16, 2024)]
[Notices]
[Pages 12329-12330]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-03230]
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DEPARTMENT OF EDUCATION
[Docket No.: ED-2024-SCC-0026]
Agency Information Collection Activities; Comment Request; PLUS
Adverse Credit Reconsideration Loan Counseling
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 an extension without change of a currently
approved information collection request (ICR).
DATES: Interested persons are invited to submit comments on or before
April 16, 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-0026.
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#29606a6d464a424c5d644e5b694c4d074e465f"><span class="__cf_email__" data-cfemail="0d444e49626e666879406a7f4d6869236a627b">[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 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: PLUS Adverse Credit Reconsideration Loan
Counseling.
OMB Control Number: 1845-0129.
Type of Review: Extension without change of a currently approved
ICR.
Respondents/Affected Public: Individuals or Households Total
Estimated Number of Annual Responses: 142,824.
Total Estimated Number of Annual Burden Hours: 107,119.
Abstract: Section 428B(a)(1)(A) of the Higher Education Act of
1965, as amended (HEA), provides that to be eligible to receive a
Federal PLUS Loan under the Federal Family Education Loan (FFEL)
Program, the applicant must not have an adverse credit history, as
determined pursuant to regulations promulgated by the Secretary. In
accordance with section 455(a)(1) of the HEA, this same eligibility
requirement applies to applicants for PLUS loans under the Direct Loan
Program. Since July 1, 2010, there have been no new FFEL Program loans
originated and the Direct Loan Program is the only Federal loan program
that offers Federal PLUS Loans.
The adverse credit history section of the eligibility regulations
in 34 CFR 685.200(b) and (c) were updated in 2014 by the Department of
Education (the Department) when a review of and a change to the
regulations was made.
[[Page 12330]]
Specifically, an applicant for a PLUS loan who is determined to have an
adverse credit history must complete loan counseling offered by the
Secretary before receiving the Federal PLUS loan.
The Department is requesting an extension to the information
collection regarding the adverse credit history regulations in 34 CFR
685.200 (b) and (c) and the burden these changes create for Federal
PLUS loan borrowers, both parent and graduate/professional students.
Dated: February 13, 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. 2024-03230 Filed 2-15-24; 8:45 am]
BILLING CODE 4000-01-P
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</html>Indexed from Federal Register on February 16, 2024.
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