Approved as
amended by ED's memoranda to OMB of 1/4/96, 1/24/96, 2/1/96, and
2/2/96. In addition, ED will submit the revised Repayment Brochure,
and all other materials that consitute necessary information for a
borrower to read, as addenda to this clearance package. Further, we
authorize ED to make improvements to this form based on customer
feedback that will reduce burden, ease completion of the form, and
ease processing by ED. ED will submit these improvements as addenda
to this clearance package, so long as the improvements do not a)
have the potential to adversely affect borrowers, b) change the
nature of the form, or c) violate the PRA criteria of utility,
burden, and duplication. OMB will be given at least a week to
review such improvements, to determine whether they comply with the
PRA standards and these conditions of clearance. If the
improvements result in a change in burden, ED shall attach an
inventory correction worksheet to revise the associated burden
hours. This generic allowance for improvements is given in light of
the rapidly changing needs of the Direct Loan program, and covers
only those changes that will improve utility, minimize burden, and
avoid duplication. Any proposed changes to the form that could
adversely affect borrowers, constitute major changes in the nature
of the form, or be potentially inconsistent with the PRA review
criteria by increasing burden, lacking utility, or duplicating
other information, shall be submitted for public comment and OMB
review under the PRA standard review procedures.
Inventory as of this Action
Requested
Previously Approved
03/31/1999
03/31/1999
525,000
0
0
173,250
0
0
0
0
0
Borrowers in the William D. Ford
Federal Direct Loan Program will use this form to choose a
repayment plan for their loan(s).
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.
Repayment Plan Selection: William D. Ford Federal Direct Loan Program