Approved with the understanding that ED will substantially revise this form, taking into account comments from NCHELP and TG and changes resulting from the Higher Education Reconciliation Act (HERA), when the Higher Education Act (HEA) is reauthorized. Also, OMB notes that ED has not complied with the existing terms of clearance for this collection, which required ED to submit change worksheets to adjust the burden for this package as the agency transitioned from the old form (1845-0051).
Inventory as of this Action
Requested
Previously Approved
03/31/2008
03/31/2008
05/31/2006
922,500
0
33,333
922,500
0
16,667
0
0
0
The Federal PLUS Loan Application and Master Promissory Note is the means by which an eligible parent borrower applies for and agrees to repay a Federal 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.