The Department is requesting a
revision of the current information collection. These Direct Loan
Program proposed regulations revise the current regulations to
reflect the Department's current practice of matching its database
against the Defense Manpower Data System and automatically apply
the interest rate limitation, as appropriate, to borrowers under
the Servicemembers Civil Relief Act (SCRA).
US Code:
20
USC 1078 Name of Law: Higher Education Act of 1965, as
amended
The Department is requesting a
revision of this information collection. The proposed regulations
associated with this collection are changing to decrease burden on
borrowers and adding burden to loan holders. This is a program
change due to agency discretion. There is a decrease in burden to
borrowers of 2,582 responses and a decrease of 661 hours.
$0
No
No
No
No
No
Uncollected
Ian Foss 202 377-3681
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.