The Higher Education Act of 1965, as
amended, (HEA) allows for up to a one hundred percent cancellation
of a Federal Perkins Loan and loan forgiveness of a Federal Family
Education Loan and Direct Loan program loan if the graduate teaches
full-time in an elementary or secondary school serving low-income
students. The data collected for the development of the Teacher
Cancellation Low Income Directory provides web-based access to a
list of all elementary and secondary schools, and educational
service agencies that serve a total enrollment of more than 30
percent low income students (as defined under Title I, Part A of
the Elementary and Secondary Education Act of 1965, as amended).
The Directory allows post-secondary institutions to determine
whether or not a teacher, who received a Federal Perkins Loan,
Direct Loan, or Federal Family Education Loan at their school, is
eligible to receive loan cancellation or forgiveness or that a
teacher who received a TEACH Grant is meeting the service
obligation.
US Code:
20
USC 1078-10 Name of Law: 1998 Amendments to the Higher
Education Act of 1965
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.