The United States Department of
Education will collect data through the National Student Loan Data
System (NSLDS) from Federal Perkins Loan holders (or their
servicers) and Guaranty Agencies (GA) about Federal Perkins,
Federal Family Education, and William D. Ford Direct Student Loans
to be used to manage the federal student loan programs, develop
policy, and determine eligibility for programs under title IV of
the Higher Education Act of 1965, as amended (HEA). NSLDS also
holds data about Federal Grants, including PELL, ACG/SMART, and
TEACH. NSLDS is used for research, policy analysis, monitoring
student enrollment, calculating default rates, monitoring program
participants and verifying student eligibility. This revision
includes updates to the systems with which NSLDS collects and
shares data. We have also updated the associations with which we
consult to ensure reporting requirements meet with institutional
capabilities.
US Code:
20
USC 1087 Name of Law: Higher Education Amendments of 1965, as
amended
This revision includes updates
to the systems with which NSLDS collects and shares data. We have
also updated the associations with which we consult to ensure
reporting requirements meet with institutional capabilities. There
are no burden changes from the updates. However, there is a slight
decrease in respondents (-201) and hours (-498). This adjustment is
due, in part, to factors such as the burden for guaranty agencies
decreasing as the volume of loans has gone down and, many Perkins
schools have opted out of the Perkins Program and transferred their
portfolio to the Department.
$10,138,196
No
No
No
No
No
No
Uncollected
Valerie Sherrer
2023773547
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.