Pre-approval contingent upon no substantive changes to this collection after adoption of the final rule. Otherwise this collection should be re-submitted to OMB for review.
Inventory as of this Action
Requested
Previously Approved
10/31/2015
36 Months From Approved
04/30/2014
11,486,794
0
11,486,761
6,208,288
0
6,208,316
0
0
0
This request is for approval of the proposed reporting requirements that are contained in the Federal Perkins Loan Program regulations. Under the proposed regulations, when Perkins borrowers contact the participating institution regarding a Total and Permanent Disability discharge, the institution would be required to refer the borrower to the Department rather than providing the forms and additional information to the borrower, which will decrease burden. The proposed purpose of this submission is to also renew this collection for the next three year period. The proposed information collection requirements are necessary to determine eligibility to receive program benefits and to prevent fraud and abuse of program funds.
US Code:
20 USC 1087aa
Name of Law: Higher Education Act of 1965, as amended
The final regulations will reduce burden by 28 hours. Institutions participating in the Perkins Loan program will no longer provide the forms to borrowers seeking a Total and Permanent Disability (TPD) discharge. The institution would instead refer the borrower to the Department who will provide the applicable discharge form to the applicant. Therefore, we estimate that burden will be reduced by 28 hours.
$0
No
No
No
No
No
Uncollected
Dan Klock 202 377-4026
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.
Federal Perkins Loan Program Regulations and General Provision Regulations State, Local, Tribal Burden