The U.S. Department of Education will collect data through the NSLDS system from postsecondary schools and GA's about Federal Perkins, Federal Family Education, and William D. Ford Direct Student Loans to be used to determine eligibility for Title IV student financial aid.
US Code:
20 USC 1087
Name of Law: Higher Education Amendments of 1965, as amended
The total burden increases due to an increase in volume of loans, grants, and the number of respondents.
There are no costs associated with this collection. However, during the last submission of this collection, costs were incorrectly inputted to reflect a $72,072 start-up cost.
$8,600,000
No
No
Uncollected
Uncollected
No
Uncollected
Valerie Sherrer 2023773547
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.