Burden table by Affected Entity, Impact & Regulations Group

OMB.1845.0021.Table.06.01.07	May-07			Date: 06.01.07
Respondent Type	Requirement	# of Respondents	# of Responses	Hours/Response	Total Hours	Description
Section A: Burden by Affected Entity
Federal Government
Individuals or Households
1	34 CFR 685.204	7131	7131	0.25	-1782	1 Single Deferment Submissions
2	34 CFR 685.212	8519	8519	0.08	-682	2 Loan Discharge for Death
5	34 CFR 685.301 & 685.304	24984	24984	0.5	12492	5 Entrance Counseling for Grad/PLUS
Sub-total		40634	40634		10028	Increase in burden
Private Sector
Business or other for-profits
Lenders 1	34 CFR 685.204	792	792	0.25	-198	1 Single Deferment Submissions
Lenders 2	34 CFR 685.212	5680	5680	0.08	-455	2 Loan Discharge for Death
For Profit Institutions 5	34 CFR 685.301 & 685.304	8328	8328	0.017	142	5 Entrance Counseling for Grad/PLUS
For Profit Institutions 6	34 CFR 685.301	1888	47317	0.5	-23659	6 Maximum Loan Period
Lenders 6	34 CFR 685.301	3102	141950	0.5	-70975	6 Maximum Loan Period
Sub-total		19790	204067		-95145	Decrease in burden
Not-for profits
Not - for-Profit Institutions 5	34 CFR 685.301 & 685.304	8328	8328	0.017	141	5 Entrance Counseling for Grad/PLUS
Not - for-Profit Institutions 6	34 CFR 685.301	1888	47316	0.5	-23658	6 Maximum Loan Period
Sub-total		10216	55644		-23517	Decrease in burden
Farms
State, Local, or Tribal Governments
Public Institutions 5	34 CFR 685.301 & 685.304	8328	8328	0.017	141	5 Entrance Counseling for Grad/PLUS
Public Institutions 6	34 CFR 685.301	1888	47317	0.5	-23658	6 Maximum Loan Period
Sub-total		10216	55645		-23517	Decrease in burden
Section B: Burden Impact Totals
Total		80856	355990		-132151
CURRENT INVENTORY
Current # of Respondents		846034
Current # of Responses			846034
Current Inventory of Hours					211520
REVISED # OF RESPONDENTS		80856
REVISED # OF RESPONSES			355990
REVISED # OF BURDEN HOURS					-132151
TOTAL # RESPONDENTS		926890
TOTAL # RESPONSES			1202024
TOTAL # HOURS					79369
Difference					-132151
Section C: Burden by Regulation Group
1. Sections 674.38, 682.210 and 685.204 – Deferment
Individuals	34 CFR 685.204	7131	7131	0.25	-1782
Business or other for-profits - lenders	34 CFR 685.204	792	792	0.25	-198
Sub-total		7923	7923		-1980
2. Sections 674.61, 682.402 and 685.212 – Loan Discharge for Death
Individuals or Households	34 CFR 685.212	8519	8519	0.08	-682
Business or other for-profits - lenders	34 CFR 685.212	5680	5680	0.08	-455
Sub-total		14199	14199		-1137
5. Sections 682.603, 682.604, 685.301, and 685.304 – Entrance Counseling for Graduate/Professional PLUS Borrowers
Individuals or Households	34 CFR 685.301 & 685.304	24984	24984	0.5	12492
Business or other for-profits - inst.	34 CFR 685.301 & 685.304	8328	8328	0.017	142
Not-for-profits - institutions	34 CFR 685.301 & 685.304	8328	8328	0.017	141
State, Local, or Tribal Governments - inst.	34 CFR 685.301 & 685.304	8328	8328	0.017	141
Sub-total		49968	49968		12916
6. Sections 682.401, 682.603 and 685.301 – Maximum Length of a loan period
Business or other for-profits
for profit institutions	34 CFR 685.301	1888	47317	0.5	-23659
lenders	34 CFR 685.301	3102	141950	0.5	-70975
Not-for-profits - institutions	34 CFR 685.301	1888	47316	0.5	-23658
State, Local, or Tribal Governments - inst.	34 CFR 685.301	1888	47317	0.5	-23658
Sub-total		8766	283900		-141950
GRAND TOTAL		80856	355990		-132151