Loan Cancellation in the
Federal Perkins Loan Program
Extension without change of a currently approved collection
No
Regular
06/21/2022
Requested
Previously Approved
36 Months From Approved
08/31/2022
116,872
116,872
43,832
43,832
0
0
This is a request for an extension of
the current OMB approval for the recordkeeping requirements
contained in 34 CFR 674.53, 674.56, 674.57, 674.58 and 674.59. The
information collections in these regulations are necessary to
determine Federal Perkins Loan (Perkins Loan) Program borrower’s
eligibility to receive program benefits and to prevent fraud and
abuse of program funds. There has been no change to the regulatory
requirements. Due to the effects of the COVID-19 pandemic and the
suspension of the collection of loans, the Department lacks
sufficient data to allow for more accurate updates to the usage of
the regulations.
US Code:
20
USC 1087ee Name of Law: Higher Education Act of 1965, as
amended
US Code: 20
USC 425 Name of Law: Higher Education Act of 1965, as
amended
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.