William D. Ford Federal Direct Loan Program (Direct Loan Program) Promissory Notes

Forms and Documents

Forms and supporting documents for this ICR

Document	Type	Status	Availability
Direct Consolidation Loan Application and Promissory Note and Related Forms	Form and Instruction	Unchanged	Repair queued
Direct PLUS Loan Master Promissory Note and Direct PLUS Loan Endorser Addendum	Form and Instruction	Modified	Repair queued
Direct Subsidized Loan and Direct Unsubsidized Loan Master Promissory Note	Form and Instruction	Modified	Available
1845-0007 MPN 83C 20200210.pdf	Justification for No Material/Nonsubstantive Change	Uploaded 2020-02-11	Available
Highlighted 432(m)(1)(D)(i).pdf	Supplementary Document	Uploaded 2020-02-11	Available
1845-0007_SupportingStatement_30-Day_20190712 rev.docx	Supporting Statement A	Uploaded 2019-07-12	Available

IC Document Collections

Information collection document groups

IC ID	Collection	Type	Status	Form
234897	Direct Consolidation Loan Application and Promissory Note and Related Forms	Form and Instruction	Unchanged
234895	Direct PLUS Loan Master Promissory Note and Direct PLUS Loan Endorser Addendum	Form and Instruction	Modified
184192	Direct Subsidized Loan and Direct Unsubsidized Loan Master Promissory Note	Form and Instruction	Modified

ICR Details

OMB Control No: 1845-0007	ICR Reference No: 202002-1845-002
Status: Active	Previous ICR Reference No: 201902-1845-001
Agency/Subagency: ED/FSA	Agency Tracking No:
Title: William D. Ford Federal Direct Loan Program (Direct Loan Program) Promissory Notes
Type of Information Collection: No material or nonsubstantive change to a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 02/13/2020
	Date Received in OIRA: 02/11/2020
Terms of Clearance:

table that charts list comparision

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	07/31/2022	07/31/2022	07/31/2022
Responses	9,862,685	0	9,862,685
Time Burden (Hours)	4,021,665	0	4,021,665
Cost Burden (Dollars)	0	0	0

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Abstract: Federal Student Aid (FSA) is requesting a change to the approved Master Promissory Note (MPN) confirmation processes. The Department is requesting that the information collection for the Direct Loan Master Promissory Note (MPN) be revised to include the Annual Student Loan Acknowledgment confirmation processes.

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Authorizing Statute(s): US Code: 20 USC 1087a Name of Law: Higher Education Act 1965 as amended
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	84 FR 4798	02/19/2019
30-day Notice:	Federal Register Citation:	Citation Date:
	84 FR 17820	04/26/2019
Did the Agency receive public comments on this ICR? Yes

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Number of Information Collection (IC) in this ICR: 3

table that charts list of burden

IC Title	Form No.	Form Name
Direct Subsidized Loan and Direct Unsubsidized Loan Master Promissory Note	N/A	N/A
Direct PLUS Loan Master Promissory Note and Direct PLUS Loan Endorser Addendum	N/A, N/A	N/A ,   N/A
Direct Consolidation Loan Application and Promissory Note and Related Forms	N/A, N/A, N/A, N/A	N/A ,   N/A ,   N/A ,   N/A

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ICR Summary of Burden

table that charts list of burden

	Total Approved	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	9,862,685	9,862,685	0	0	0	0
Annual Time Burden (Hours)	4,021,665	4,021,665	0	0	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The Department is reporting a program change due to the statutory addition of the new cancer treatment deferment which is being included in the loan terms. While the Department is combining three previously separate information collections into one collection, there is no anticipated increase in the number of summed responses at 9,862,685 for summed burden hours at 4,021,665.

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Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     Yes

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     Yes

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 02/11/2020

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