Approved as amended by and consistent with ED's memo to OMB of 7/26/99. In addition, the following terms of clearance apply: (1) Following the submission of the FFEL community version of a new PLUS loan application, ED will work with the community and submit a new version of the form that balances the needs and viewpoints of ED, FFEL community, and the public at large. (2) ED, upon submission of the 2001-2002 FAFSA, will report to OMB ED's decision on whether to have the FAFSA serves as the PLUS loan application. If the decision is to implement the FAFSA as the PLUS loan application, ED should include specific timeframes in the report. If the decision is not to implement, then ED should report its rationale. (3) ED will amend the form to ask for the borrower's email address as an optional item. (4) Consistent with ED's response #1 in the 7/26 memo, this approval is for two years.
Inventory as of this Action
Requested
Previously Approved
07/31/2001
07/31/2001
100,000
0
0
50,000
0
0
32,000
0
0
This application form and promissory note is the means by which a parent borrower applies for a Federal PLUS loan and promises to repay the loan, and a school, lender, and guaranty agency certifies the borrower's eligibility to received a PLUS loan.
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.