Approved as
amended by ED's 3/15/96 memorandum to OMB. In addition, ED shall
meet the following conditions: -- As soon as possible, but no later
than with the submission of the clearance package for the 1997-98
FAFSA, ED shall provide OMB with a legal opinion as to why the
FAFSA cannot, under current law, serve as the loan application for
the FFEL program. ED's memo shall note all available options to
achieve this goal, which commenters, OMB, and the Department all
support in concept. -- When ED submits its clearance package for
the revisions to this form, as well as the PLUS application
(1840-0715) and the FFELP Deferment Documents (1840-0716), it shall
include an analysis of how these forms differ from both the
existing forms and the equivalent forms used under Direct Lending,
with a goal of achieving maximum consistency between forms for the
two programs. -- When ED submits its revised package for PRA
clearance of these three forms, it shall address all public
comments received in the context of this clearance as part of that
package, including elimination of certain data elements and removal
of check-boxes in addition to the FAFSA issue discussed above.
Inventory as of this Action
Requested
Previously Approved
03/31/1999
03/31/1999
2,800,000
0
0
1,400,000
0
0
0
0
0
This application form and promissory
note is the means by which a college student applies for a Federal
Stafford Program Loan and a school, lender, and guaranty agency
certifiess the student's eligibility to receive either a subsidized
Stafford, unsubsidized Stafford, or a combination.
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.