William D. Ford Federal Direct Loan Program (DL) Regulations

ICR 200910-1845-009

OMB: 1845-0021

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2009-07-06
ICR Details
1845-0021 200910-1845-009
Historical Active 200806-1845-003
ED/FSA 4067
William D. Ford Federal Direct Loan Program (DL) Regulations
Revision of a currently approved collection   No
Regular
Approved without change 10/29/2009
Retrieve Notice of Action (NOA) 10/29/2009
  Inventory as of this Action Requested Previously Approved
10/31/2012 36 Months From Approved 07/31/2011
6,603,667 0 1,202,253
535,998 0 79,392
0 0 0

The William D Ford Federal Direct Loan Program proposed regulations revise current regulations in areas of program administration. The proposed regulations assure the Secretary that the integrity of the program is protected form fraud and misuse of program funds. The proposed regulations require participating institutions to provide comprehensive information for graduate and profession student borrowers to include the terms and conditions of the loans, as well as the responsibilities of the borrowers. These loan counseling requirements may be delivered through on-line services.

US Code: 20 USC 1087a et seq Name of Law: Higher Education Act 1965, as amended
  
US Code: 20 USC 1087a Name of Law: Higher Education Act if 1965, as Amended

1840-AC95 Final or interim final rulemaking 74 FR 55626 10/29/2009

No

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 6,603,667 1,202,253 5,401,414 0 0 0
Annual Time Burden (Hours) 535,998 79,392 456,606 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
This burden increase was required by a proposed change in the regulation due to implementing the statutory changes made by the Higher Education Opportunity Act (HEOA) (Pub. L. 110-315) that amends the Higher Education Act of 1965, as amended (HEA).

No
No
Uncollected
Uncollected
No
Uncollected
Dan Klock 202 377-4026

  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.
07/28/2009


© 2024 OMB.report | Privacy Policy