Federal Stafford Loan (Subsidized and Unsubsidized) Program Master Promissory Note

ICR 200105-1845-007

OMB: 1845-0050

Federal Form Document

Forms and Documents
Document
Name
Status
No forms / supporting documents in this ICR. Check IC Document Collections.
IC Document Collections
ICR Details
1845-0050 200105-1845-007
Historical Active 199810-1840-001
ED/FSA
Federal Stafford Loan (Subsidized and Unsubsidized) Program Master Promissory Note
New collection (Request for a new OMB Control Number)   No
Regular
Approved without change 05/21/2001
Retrieve Notice of Action (NOA) 05/21/2001
Approved consistent with ED's memo of 12/3/98. In addition, the following terms of clearance apply: 1) Within 1 year of this clearance, ED will provide institutions with guidance/ information on how the Secretary will make authorization decisions with respect to which institutions can use the multi-year functionality of the note. Prior to issuing such guidance/information, ED will submit it for OMB review. 2) ED will make every effort, by the next submission of this package to OMB, to remove all institution numeric identifiers from the form in in favor user of a single identifier - the D-U-N-S. 3) In the next submission of this package, ED will update OMB on both the initiative to revise the prom notes to make them more user friendly and the initiative to combine the DL and FFELL master prom notes.
  Inventory as of this Action Requested Previously Approved
02/28/2002 02/28/2002
1,400,000 0 0
1,400,000 0 0
0 0 0

This promissory note is the means by which a Federal Stafford Program Loan borrower promises to repay his or her loan.

None
None


No

1
IC Title Form No. Form Name
Federal Stafford Loan (Subsidized and Unsubsidized) Program Master Promissory Note

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 1,400,000 0 0 1,400,000 0 0
Annual Time Burden (Hours) 1,400,000 0 0 1,400,000 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
No

$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected

  No

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.
05/21/2001


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