Prior to resubmission for OMB approval, FSA will meet with OMB to discuss the progress that has been made in implementing the Target State Vision (currently targeted for implementatation by 11/09) and moving away from the traditional NSLDS model. During this briefing, FSA will describe the efforts it has made to reduce respondent burden and eliminate duplicative data collection.
Inventory as of this Action
Requested
Previously Approved
12/31/2009
36 Months From Approved
12/31/2006
34,976
0
29,952
134,840
0
179,712
72,072
0
72,000
The U.S. Department of Education will collect data from postsecondary schools and guaranty agencies about federal Perkins loans, federal family education loans, and William D. Ford direct student loans to be used to determine eligibility for Title IV student financial aid.
PL:
Pub.L. 105 - 244 485B
Name of Law: The Higher Education Act of 1965 as amended by the 1998 Amendments to the HEA
Reduction in burden hours of -44,872 is due to an increase in data being reported by the servicer that resulted in a decrease in overall number of response times and burden hours.
The increase of $72. in burden costs over the previous package is nominal - and if rounded would reflect no change in costs over the previous package.
$24,948,075
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Pam Eliadis 202 377-3554
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.