As a condition for receiving a TEACH
Grant, a student must sign an Agreement to Serve or Repay
(Agreement). The proposed regulations would expand and update the
Agreement with revised definitions, requirements, and explanations
of the program and participant conditions. We do not believe that
the changes will affect the number of respondents or increase the
completion time of the currently approved form. A new Agreement
must be signed for each award year during which a student wishes to
receive a TEACH Grant. By signing the Agreement, a TEACH Grant
recipient agrees to meet the teaching service obligation and other
terms and conditions of the TEACH Grant Program that are described
in the Agreement. In accordance with these terms and conditions, if
a TEACH Grant recipient does not fulfill the required teaching
service obligation or otherwise fails to meet the requirements of
the TEACH Grant Program, any TEACH Grant funds the individual
received will be converted to a Direct Unsubsidized Loan that the
grant recipient must repay in full, with interest. The Agreement
also explains the repayment terms and conditions that will apply if
a TEACH Grant is converted to a Direct Unsubsidized Loan. The only
change is in the language of the Agreement and the changes will not
affect the burden estimate.
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.