A three year
extension of the current PLUS loan application documents is
approved pursuant to comments received from the Higher Education
community. ED will continue to work on development of a Master
Promissory Note.
Inventory as of this Action
Requested
Previously Approved
10/31/2004
10/31/2004
10/31/2001
100,000
0
100,000
50,000
0
50,000
0
0
32,000
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 parent borrower's eligibility to
receive 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.