These institutional surveys, the first phase of the Direct Loan evaluation, are approved as amended by ED's 2/23/95 memorandum to OMB. As ED has agreed, approval for the full evaluation is not part of this action; the central evaluation activities will be part of ED's next clearance request, including the borrower surveys, cost analysis, institutional case studies, and Federal interviews. -- Burden for these institutional surveys has been increased slightly due to the inclusion of HBCUs with certainty in the sample. -- ED will collect more detailed cost information during the case studies, although these data will not be generalizable. -- Comparisons between the Direct and FFEL program shall include the caveat that FFEL estimates are averages across guaranty agencies, which often vary in their procedural requirements on borrowers and lenders.
Inventory as of this Action
Requested
Previously Approved
09/30/1995
09/30/1995
2,164
0
0
1,077
0
0
0
0
0
SURVEY OF 104 DIRECT LOAN INSTITUTIONS AND 2000 FFELP INSTITUTIONS TO ASSESS TRANSITION OF PROGRAMS AND THE LEVEL AND QUALITY OF SERVICES PROVIDED BY ED.
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.