THIS REPORT SERVES TO PROVIDE
INFORMATION REGARDING THE CAPABILITY OF AN INSTITUTION TO ESTABLISH
AND ADMINISTER EFFECTIVE COLLECTION PROGRAMS ACCORDING TO
REGULATORY REQUIREMENTS. THE DATA COLLECTED MAY BE USED TO
ESTABLISH DEFAULT TRENDS AND COMPARE DEFAULT RATIOS OF VARIOUS
INSTITUTIONS. REVISION TO PREVIOUSLY APPROVED 574 THROUGH MARY 1983
IS NECESSARY TO CONFORM WITH ED FORM 646, FISCAL-OPERATIONS REPORT
AND APPLICATION.
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.