The Federal Family Educational Loan
Program proposed regulations revise current regulations in areas of
program administration and assure the Secretary that program
integrity is protected from fraud and misuse of program funds. The
proposed regulations provide for additional disclosure
requirements, due diligence requirements, provide new
administrative forbearances, as well as changes to income-based
repayment plans.
US Code:
20
USC 1001 Name of Law: Higher Education Act of 1965, as
amended
US Code: 20
USC 1078 Name of Law: Higher Education Act of 1965, as
amended
US Code: 20 USC 1078 Name of Law: Higher
Education Act, as amended (HEA)
This is a revised collection
that is 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). There is also a 1,545,676
responses change adjustment to the previously approved total. We
discovered a data entry error that resulted in the number of
responses in the current approved IC-inventory to be
under-reported.
$0
No
No
No
No
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.