The Department
will consider this form along with others related to Student
Financial Assistance in its comprehensive review of SFA report
requirements, which will take place within the next 12 months.
Inventory as of this Action
Requested
Previously Approved
06/30/1985
06/30/1985
06/30/1983
22,500
0
22,500
22,500
0
22,500
0
0
0
DATA FROM THIS FORM IS USED TO UPDATE
THE STUDENT STATUS FIELD IN THE COMPUTER SYSTEM. THIS INFORMATION
IS THEN PROVIDED TO THE LENDERS ON THE LOAN TRANSACTION STATEMENT
WHICH WILL INDICATE IF AND WHEN A STUDENT CEASES ATTENDANCE. THE
LENDER THEN ESTABLISHES A REPAYMENT SCHEDULE WITH THE
STUDENT.
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.