The United States Department of Education will collect data through the National Student Loan Data System from postsecondary schools, Federal Perkins Loan holders (or their servicers)and Guaranty Agencies (GA) about Federal Perkins, Federal Family Education, and William D. Ford Direct Student Loans to be used to manage federal student loan programs, develop policy and determine eligibility for programs under title I V of the Higher Education Act of 1965, as amended (HEA).
US Code:
20 USC 1087
Name of Law: Higher Education Amendments of 1965, as amended
The total number of burden hours for guaranty agencies was reduced by 576 hours because of the decrease in the number of guaranty agencies in the last three years.
$11,212,744
No
No
No
No
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.