William D. Ford Federal Direct Loan Program (JH)

ICR 200806-1845-003

OMB: 1845-0021

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2008-06-19
IC Document Collections
ICR Details
1845-0021 200806-1845-003
Historical Active 200805-1845-003
ED/FSA 3737
William D. Ford Federal Direct Loan Program (JH)
Revision of a currently approved collection   No
Regular
Approved without change 07/29/2008
Retrieve Notice of Action (NOA) 06/19/2008
  Inventory as of this Action Requested Previously Approved
07/31/2011 36 Months From Approved 06/30/2011
1,202,253 0 1,202,024
79,392 0 79,369
0 0 0

The Federal Family Educational Loan Program regulations provide guidance in areas of program administration, and assure the Secretary that the integrity of the program is protected from fraud and misuse of program funds. The new proposed TEACH Grant regulations affect the FFEL regulations and provide for the conversion of a TEACH Grant to an unsubsidized Direct Loan when the borrower cannot meet the provisions of the Agreement to teach. TEACH Grant recipients who die will have their grant converted to an unsubsidized Direct Loan and therefore be eligible for a loan discharge under this provision. We project that a very small number of the TEACH Grant recipients will die therefore the amount of burden associated with a loan discharge for death is a modest increase in burden for individuals and loan holders.

US Code: 20 USC 10887a Name of Law: Higher Education Act 1962, as amended
   US Code: 20 USC 1087j Name of Law: Higher Education Act 1962, as amended
  
None

1840-AC93 Final or interim final rulemaking 73 FR 36792 06/30/2007

No

1
IC Title Form No. Form Name
Burden table by Affected Entity, Impact & Regulations Group

  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 1,202,253 1,202,024 0 229 0 0
Annual Time Burden (Hours) 79,392 79,369 0 23 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Changing Regulations
No
The implementation of Teach Grant regulations as a result of the Negotiated Rulemaking process created additional information collections burden.

$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Jeff Baker 2023774009

  No

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.
06/19/2008


© 2024 OMB.report | Privacy Policy