OMB.1845.0023.v6 documentation table. 

Respondent Type Requirement # of Respondents # of Responses 

Total Hours/ 

Response Total Hours 

Section A: Burden by Affected Entity

Federal Government

Individuals or Households

Loan rehabilitation. 34 CFR 674.39 485,482 485,482 0.02 8,091

Due diligence - general requirements. 34 CFR 674.41 2,070,514 2,070,514 0.02 34,507

Contact with the borrower. 34 CFR 674.42 2,070,514 2,070,514 0.02 34,507

Billing procedures. 34 CFR 674.43 2,555,996 2,555,996 0.02 42,598

Collection procedures. 34 CFR 674.45 242,741 242,741 0.02 4,046

Costs chargeable to the Fund. 34 CFR 674.47 242,741 242,741 0.02 4,046

Sub-total 7,667,988 7,667,988 127,795

1. Private Sector

1a. Business or other for-profits

Loan rehabilitation. 34 CFR 674.39 131 131 0.45 59

Due diligence - general requirements. 34 CFR 674.41 131 131 1.42 186

Contact with the borrower. 34 CFR 674.42 131 131 1.42 186

Billing procedures. 34 CFR 674.43 131 131 1.42 186

Collection procedures. 34 CFR 674.45 131 131 0.75 98

Costs chargeable to the Fund. 34 CFR 674.47 131 131 0.83 109

Use of contractors to perform billing and 

collection activities. 34 CFR 674.48 131 131 0.92 121

Bankruptcy of borrower. 34 CFR 674.49 131 131 0.92 121

Sub-total 1,048 1,048 1,066

1b. Not-for profits

Loan rehabilitation. 34 CFR 674.39 899 899 0.45 405

Due diligence - general requirements. 34 CFR 674.41 899 899 1.42 1,277

Contact with the borrower. 34 CFR 674.42 899 899 1.42 1,277

Billing procedures. 34 CFR 674.43 899 899 1.42 1,277

Collection procedures. 34 CFR 674.45 899 899 0.75 674

Costs chargeable to the Fund. 34 CFR 674.47 899 899 0.83 746

Use of contractors to perform billing and 

collection activities. 34 CFR 674.48 899 899 0.92 827

Bankruptcy of borrower. 34 CFR 674.49 899 899 0.92 827

Sub-total 7,192 7,192 7,310

2. Farms

3. State, Local or Tribal Governments

Loan rehabilitation. 34 CFR 674.39 557 557 0.45 251

Due diligence - general requirements. 34 CFR 674.41 557 557 1.42 791

Contact with the borrower. 34 CFR 674.42 557 557 1.42 791

Billing procedures. 34 CFR 674.43 557 557 1.42 791

Collection procedures. 34 CFR 674.45 557 557 0.75 418

Costs chargeable to the Fund. 34 CFR 674.47 557 557 0.83 462

Use of contractors to perform billing and 

collection activities. 34 CFR 674.48 557 557 0.92 512

Bankruptcy of borrower. 34 CFR 674.49 557 557 0.92 512

Sub-total 4,456 4,456 4,528

Burden by Affected Entity Total 7,680,684 7,680,684 140,699

Section B: Burden Impact Totals

Current # of Respondents 15,807,453

Current # of Responses 15,807,453

Current Inventory of Hours 467,053

Revised Total Respondents 7,680,684

Revised Total Responses 7,680,684

Revised Total Burden Hours 140,699

TOTAL # RESPONDENTS 23,488,137

TOTAL # RESPONSES 23,488,137

TOTAL # HOURS 607,752
Section C: Burden by Regulation Group

Loan rehabilitation. 34 CFR 674.39

Individual 485,482 485,482 0.02 8,091

Business or other for-profits 131 131 0.45 59

Not for-profits 899 899 0.45 405

State, Local, or Tribal Governments 557 557 0.45 251

Sub-total 487,069 487,069 8,806

Due diligence - general requirements. 34 CFR 674.41

Individual 2,070,514 2,070,514 0.02 34,507

Business or other for-profits 131 131 1.42 186

Not for-profits 899 899 1.42 1,277

State, Local, or Tribal Governments 557 557 1.42 791

Sub-total 2,072,101 2,072,101 36,761

Contact with the borrower. 34 CFR 674.42

Individual 2,070,514 2,070,514 0.02 34,507

Business or other for-profits 131 131 1.42 186

Not for-profits 899 899 1.42 1,277

State, Local, or Tribal Governments 557 557 1.42 791

Sub-total 2,072,101 2,072,101 36,761

Billing procedures. 34 CFR 674.43

Individual 2,555,996 2,555,996 0.02 42,598

Business or other for-profits 131 131 1.42 186

Not for-profits 899 899 1.42 1,277

State, Local, or Tribal Governments 557 557 1.42 791

Sub-total 2,557,583 2,557,583 44,852

Collection procedures. 34 CFR 674.45

Individual 242,741 242,741 0.02 4,046

Business or other for-profits 131 131 0.75 98

Not for-profits 899 899 0.75 674

State, Local, or Tribal Governments 557 557 0.75 418

Sub-total 244,328 244,328 5,236

Costs chargeable to the Fund. 34 CFR 674.47

Individual 242,741 242,741 0.02 4,046

Business or other for-profits 131 131 0.83 109

Not for-profits 899 899 0.83 746

State, Local, or Tribal Governments 557 557 0.83 462

Sub-total 244,328 244,328 5,363

Use of contractors to perform billing and 

collection activities. 34 CFR 674.48

Business or other for-profits 131 131 0.92 121

Not for-profits 899 899 0.92 827

State, Local, or Tribal Governments 557 557 0.92 512

Sub-total 1,587 1,587 1,460

Bankruptcy of borrower. 34 CFR 674.49

Business or other for-profits 131 131 0.92 121

Not for-profits 899 899 0.92 827

State, Local, or Tribal Governments 557 557 0.92 512

Sub-total 1,587 1,587 1,460

Grand Total 7,680,684 7,680,684 140,699

Document Type Other-Regulations

Available Electronically? Yes

Can be submitted Electronically? Yes

Percent Reporting Electronically? 75%

Obligation to Respond? Required to receive benefit

Frequency? Yearly