This collection's expiration date is aligned with ED's ECASLA student loan authority.
Inventory as of this Action
Requested
Previously Approved
09/30/2010
09/30/2010
10/31/2008
500
0
500
125
0
125
0
0
0
A March 4, 2008, letter was sent via email to inform the financial aid administrators that the Department is monitoring the current uncertainty in the credit markets and the impact on student loan programs. The letter continues to invite the financial aid administrator to provide the Department with any information he or she has related to any lender that plans to reduce, suspend, or discontinue making student loans. The Department uses the information to make decisions related to ensuring the continued availability of educational loans for students and their families.
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.