View Information Collection Request (ICR) Package
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Blank fields in records indicate information that was not collected or not collected electronically prior to July 2006.
Please note that the OMB number and expiration date may not have been determined when this Information Collection Request and associated Information Collection forms were submitted to OMB. The approved OMB number and expiration date may be found by clicking on the Notice of Action link below.
View ICR - OIRA Conclusion
OMB Control No:
1840-0743
ICR Reference No:
199906-1840-003
Status:
Historical Active
Previous ICR Reference No:
199903-1840-004
Agency/Subagency:
ED/OPE
Agency Tracking No:
Title:
Federal Direct Stafford/Ford Loan and/or Federal Direct Unsubsidized Stafford/Ford Loan Borrower Promises To Repay His or Her Loan
Type of Information Collection:
Revision of a currently approved collection
Common Form ICR:
No
Type of Review Request:
Regular
OIRA Conclusion Action:
Approved without change
Conclusion Date:
08/20/1999
Retrieve Notice of Action (NOA)
Date Received in OIRA:
06/25/1999
Terms of Clearance:
Approved consistent with ED's memo to OMB of 8/20/99. In addition, the following terms of clearance apply: (1) ED will continue efforts to consolidate the number of prom notes to minimize the number of different types of prom notes and thus minimize confusion among respondents. (2) Specifically, the DL prom note (w/out multi year functionality - 1840-0667) expires 12/99 and will no longer be in use after that time. The FFEL prom note (w/out multi year functionality - 1840-0717) expires 6/2000 and will no longer be in use after that time. OMB provides ED with a 3 year clearance for the revised MPNs (DL: 1840-0743, FFEL: 1840-0742), However, ED will make every effort to phase out the original MPNs (DL: 1840- 0732, FFEL: 1840-0731) by 7/2000. Consistent with the 8/20 memo, ED will consult with all appropriate stakeholders on the appopriate strategy and timeframe for these phase outs. (3) In developing ED procedures for the application/request process for multi- year functionality and notification/ confirmation, ED will ensure that institutions are provided (and made aware of) an option to submit the two application/requests simoultaneously rather than as separate application/requests. (4) OMB notes that the designation of an MPN single numeric identifier distinct and unique from an overarching single identifier is completely inconsistent with the original premise of ED's single identifier initiative. ED will continue its efforts to develop a single numeric identifier to be used by institutions for all purposes with respect to dealings with the ED. (5) By 11/1/99 ED will submit for OMB review and approval a common FFEL consolidation application and prom note. (6) ED will develop recertification procedures to ensure that students acknowledge the loans they are taking each year, even under an MPN.
Inventory as of this Action
Requested
Previously Approved
Expiration Date
08/31/2002
08/31/2002
09/30/1999
Responses
1,828,224
0
2,031,360
Time Burden (Hours)
1,828,224
0
2,031,360
Cost Burden (Dollars)
9,415,000
0
10,000
Abstract:
This form is the means by which a Federal Direct Stafford/Ford Loan and/or Federal Direct Unsubsidized Stafford/Ford Loan borrower promises to repay his or her loan.
Authorizing Statute(s):
None
Citations for New Statutory Requirements:
None
Associated Rulemaking Information
RIN:
Stage of Rulemaking:
Federal Register Citation:
Date:
Federal Register Notices & Comments
Did the Agency receive public comments on this ICR?
No
Number of Information Collection (IC) in this ICR:
1
IC Title
Form No.
Form Name
Federal Direct Stafford/Ford Loan and/or Federal Direct Unsubsidized Stafford/Ford Loan Borrower Promises To Repay His or Her Loan
ICR Summary of Burden
Total Approved
Previously Approved
Change Due to New Statute
Change Due to Agency Discretion
Change Due to Adjustment in Estimate
Change Due to Potential Violation of the PRA
Annual Number of Responses
1,828,224
2,031,360
0
0
-203,136
0
Annual Time Burden (Hours)
1,828,224
2,031,360
0
0
-203,136
0
Annual Cost Burden (Dollars)
9,415,000
10,000
0
9,405,000
0
0
Burden increases because of Program Change due to Agency Discretion:
No
Burden Increase Due to:
Burden decreases because of Program Change due to Agency Discretion:
No
Burden Reduction Due to:
Short Statement:
Annual Cost to Federal Government:
$0
Does this IC contain surveys, censuses, or employ statistical methods?
No
Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002?
No
Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]?
Uncollected
Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]?
Uncollected
Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)?
Uncollected
Is this ICR related to the Pandemic Response?
Uncollected
Common Form ICR:
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:
(a) It is necessary for the proper performance of agency functions;
(b) It avoids unnecessary duplication;
(c) It reduces burden on small entities;
(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;
(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;
(f) It indicates the retention periods for recordkeeping requirements;
(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:
(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;
(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.
(i) It uses effective and efficient statistical survey methodology (if applicable); and
(j) It makes appropriate use of information technology.
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.
Certification Date:
06/25/1999
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