Approved as
amended by ED's memoranda to OMB of 9/9/92, 9/22/92, and 9/25/92.
Approval through July 1994 will allow ED to continue the Tape Dump
without change to the data elements until the implementation of the
National Student Loan Data System, which will replace this
collection. In addition, ED has assured that when requesting
institutions to verify errors in tape dump information, a general
rule of 1% as the error threshold will be followed (below this
level, verification would not be necessary except at ED's
discretion in unusu circumstances).
Inventory as of this Action
Requested
Previously Approved
07/31/1994
07/31/1994
10/31/1992
67
0
72
3,633
0
4,158
0
0
0
STATE AND PRIVATE, NONPROFIT GUARANTEE
AGENCIES PROVIDE ED, VIA MAGNET TAPE, BORROWER-SPECIFIC DATA ON THE
GSL AND PLUS PROGRAMS. THESE DATA ARE USED TO DESCRIBE THE
CHARACTERISTICS OF BORROWERS, TO ASSESS THE IMPACT OF VARIOUS
LEGISLATIVE, REGULATORY, AND BUDGETARY PROPOSALS, AN TO MONITOR
BORROWER FRAUD AND ABUSE.
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.