Burden is
reflected as 1 hour because all burden associated with this
regulation is reflected in the seperate forms packages associated
with the information collections.
Inventory as of this Action
Requested
Previously Approved
04/30/2004
04/30/2004
10/31/2002
1
0
846,034
1
0
211,521
0
0
2,115,000
The proposed regulations would allow
borrowers who are teachers in low-income areas and who have taught
for 5 consecutive years, and who meet other requirements to receive
up to 5 years of their Direct Subsidized or Direct Unsubsidized
loans forgiven.
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.