The William D. Ford Federal Direct
Loan (Direct Loan) Program General Forbearance Request serves as
the means by which a Direct Loan borrower who is temporarily unable
to make loan payments due to a financial hardship requests a
forbearance on his or her loans. A forbearance is a temporary
cessation of payments or a temporary reduction in the amount of a
borrower's monthly loan payment.
US Code:
20 USC 1078(c)(3) Name of Law: Higher Education Act of 1965, as
amended
The burden change is an
adjustment due to an increase in the number of borrowers entering
repayment and requesting forbearance and the number of borrowers
currently in forbearance who request an extension of
forbearance.
$719,600
No
No
Uncollected
Uncollected
No
Uncollected
Jon Utz 202 377-4040
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.