Federal Student Aid (FSA) is
requesting a change to the approved Master Promissory Note (MPN)
confirmation processes. The Department is requesting that the
information collection for the Direct Loan Master Promissory Note
(MPN) be revised to include the Annual Student Loan Acknowledgment
confirmation processes.
US Code:
20
USC 1087a Name of Law: Higher Education Act 1965 as amended
The Department is reporting a
program change due to the statutory addition of the new cancer
treatment deferment which is being included in the loan terms.
While the Department is combining three previously separate
information collections into one collection, there is no
anticipated increase in the number of summed responses at 9,862,685
for summed burden hours at 4,021,665.
$0
No
Yes
Yes
No
No
No
Uncollected
Beth Grebeldinger 202
708-8242
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.