The William D. Ford Direct Loan Program regulations cover areas of program administration. These regulations are in place to minimize administrative burden for program participants, to determine eligibility for and provide program benefits to borrower, and to prevent fraud and abuse of program funds to protect the taxpayers' interests. This request is for a revision of the current OMB approval of reporting and record-keeping related to the administrative requirements of the Direct Loan program.
The Department is requesting a revision in respondents, responses and burden hours the information collection 1845-0021. The regulations requiring this collection remain in place without change. The total number of responses and burden hours has increased due to changes in usage. The respondent figures have changed to more accurately reflect the universe of participating institutions and borrowers.
$0
No
No
No
No
No
Uncollected
Beth Grebeldinger 202 708-8242
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.