During the time AmeriCorps members are
participating in national service, they are eligible for a
postponement (specifically, a forbearance) on the repayment of any
qualified student loan they have. The purpse of this is to
temporarily suspend their obligation to make loan payments while
they are earning a minimal living allowance int heir national
service position. Interest continues to accrue during this period,
but payments are not required. In order for a loan holder to make a
decision regarding the granting of certain types of forbearances
and deferments, it requires proof that the borrower meets
the......
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.