The U.S. Department of Education Secretary selects institutions for voluntary participation in the Experimental Sites Initiative. Institutions volunteer to become an experimental site to provide recommendations on the impact and effectiveness of proposed regulations or new management initiatives. Participants are exempt from specific statutory and regulatory requirements while conducting the experiments.
The experiment for which data is being reported relates to the William D. Ford Federal Direct Loan Program and limiting unsubsidized loan amounts.
US Code:
20 USC 1094a
Name of Law: Regulatory Relief and Improvement
We are requesting a decrease in the number of respondents and burden hours as 6 of the Experimental Sites Project that had been included in this information collection have concluded. The remaining 28 respondents and 84 burden hours represent the one remaining project requiring reporting to the Department of Education.
$6,975
No
No
No
No
No
Uncollected
Warren Farr 2023774380
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.