Agency Information Collection Activity Under OMB Review: Financial Status Report

Issuing agencies

Abstract

In compliance with the Paperwork Reduction Act (PRA) of 1995, this notice announces that the Debt Management Center (DMC), Department of Veterans Affairs (VA), will submit the collection of information abstracted below to the Office of Management and Budget (OMB) for review and comment. The PRA submission describes the nature of the information collection and its expected cost and burden, and it includes the actual data collection instrument.

Full Text

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<title>Federal Register, Volume 91 Issue 192 (Tuesday, October 6, 2026)</title>
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[Federal Register Volume 91, Number 192 (Tuesday, October 6, 2026)]
[Notices]
[Page 63673]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-20414]


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DEPARTMENT OF VETERANS AFFAIRS

[OMB Control No. 2900-0165]


Agency Information Collection Activity Under OMB Review: 
Financial Status Report

AGENCY: Debt Management Center, Department of Veterans Affairs.

ACTION: Notice.

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SUMMARY: In compliance with the Paperwork Reduction Act (PRA) of 1995, 
this notice announces that the Debt Management Center (DMC), Department 
of Veterans Affairs (VA), will submit the collection of information 
abstracted below to the Office of Management and Budget (OMB) for 
review and comment. The PRA submission describes the nature of the 
information collection and its expected cost and burden, and it 
includes the actual data collection instrument.

DATES: Comments and recommendations for the proposed information 
collection should be sent by November 5, 2026.

ADDRESSES: To submit comments and recommendations for the proposed 
information collection, please type the following link into your 
browser: <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>, select ``Currently under 
Review--Open for Public Comments'', then search the list for the 
information collection by Title or ``OMB Control No. 2900-0165.''

FOR FURTHER INFORMATION CONTACT:  VA PRA information: Dorothy Glasgow, 
202-461-1084, <a href="/cdn-cgi/l/email-protection#0452455456454472652a636b72"><span class="__cf_email__" data-cfemail="bee8ffeeecfffec8df90d9d1c8">[email&#160;protected]</span></a>.

SUPPLEMENTARY INFORMATION: 
    Title: Financial Status Report, VA Form 5655.
    OMB Control Number: 2900-0165 <a href="https://www.reginfo.gov/public/do/PRASearch">https://www.reginfo.gov/public/do/PRASearch</a>.
    Type of Review: Revision of a currently approved collection.
    Abstract: The major use of the form is to document and support the 
eligibility determinations for waivers of collection, for the 
consideration of compromise offers, determine financial hardship 
suspensions, and/or for assisting in the development of repayment plans 
for overpayment debts owed to the VA.
    The burden has increased since the previous approval due to the 
resumption of collections of debts that were suspended during the 
Coronavirus 2019 (COVID-19) Pandemic. Collection was paused on new 
debts effective April 2020 at the Debt Management Center (DMC). 
Collection action resumed beginning May 2022 for suspended debts, and 
additional debts continue to be created, returning operations to 
normal.
    Additionally, DMC also no longer requires VA Form 5655 to approve 
repayment plans extending 60 months or fewer. Previously, VA Form 5655 
was required to approve repayment plans extending greater than 12 
months. Repayment plans on compensation and pension benefit 
overpayments now also automatically extend for 36 months instead of 12 
months when over the minimum monthly payment threshold.
    Form usage has fluctuated due to the above-mentioned policy changes 
and collections restarting.
    An agency may not conduct or sponsor, and a person is not required 
to respond to a collection of information unless it displays a 
currently valid OMB control number. The Federal Register Notice with a 
60-day comment period soliciting comments on this collection of 
information was published at 91 FR 48229, July 30, 2026.
    Affected Public: Individuals.
    Estimated Annual Burden: 150,871 hours.
    Estimated Average Burden per Respondent: 60 minutes.
    Frequency of Response: On occasion and/or annually.
    Estimated Number of Respondents: 150,871.
    Authority: 44 U.S.C. 3501 et seq.

Shunda Willis,
Alternate, VA PRA Clearance Officer, Office of Information and 
Technology, Office of Data Governance and Analytics, Department of 
Veterans Affairs.
[FR Doc. 2026-20414 Filed 10-5-26; 8:45 am]
BILLING CODE 8320-01-P


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