Approved as
amended by ED's 10/13/94 memorandum to OMB. As ED has agreed to
revise the cover letter to conform with the HEA on loan amounts to
be cancelled, approval is conditional on the following additional
changes to the letter: -- add a separate paragraph indicating that
cancellation under paragra (d) is 15 percent per year; -- delete
the last clause in the discussion of cancellation for paragraph
(f), which mentions 30 percent for the fifth year.
Inventory as of this Action
Requested
Previously Approved
07/31/1997
07/31/1997
57
0
0
2,127
0
0
0
0
0
NOTICE OF PROPOSED RULEMAKING (NPRM)
TO REGULATE THE TEACHER CANCELLATION PROVISION OF THE FEDERAL
PERKINS LOAN PROGRAM AS IT RELATES TO TEACHER SHORTAGES. THIS IS A
REQUIREMENT OF THE HIGHER EDUCATION AMENDMENTS OF 1992.
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.