Loan Servicing Appeals of William D. Ford Federal Direct Loan Program Cohort Rates

ICR 199807-1840-001

OMB: 1840-0537

Federal Form Document

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Document
Name
Status
No forms / supporting documents in this ICR. Check IC Document Collections.
IC Document Collections
ICR Details
1840-0537 199807-1840-001
Historical Active 199711-1840-004
ED/OPE
Loan Servicing Appeals of William D. Ford Federal Direct Loan Program Cohort Rates
Revision of a currently approved collection   No
Regular
Approved without change 09/01/1998
Retrieve Notice of Action (NOA) 07/09/1998
Approved. OMB notes that the purpose of this approval is to cover under the PRA a proposed change to 34 CFR 668.17. The other unchanged reg provisions under this approval (1840-0537) (668.3, 668.8, 668.12, 668.13, 668.14, 668.16, 668.19, 668.22, 668.23, 668.24, 668.25, 668.26, 668.36, 668.43, 668.44, 668.47, 668.90, 668.96, 668.98, 668.113, 668.124, 668.171, 668.172, 668.174, 668.175) remain covered under the PRA by this approval.
  Inventory as of this Action Requested Previously Approved
01/31/2001 01/31/2001 01/31/2001
97,063 0 97,797
965,108 0 965,108
170,000 0 84,000

The proposed rules would provide for a school's appeal of the inclusion of a direct loan in its cohort rate on the basis of improper loan servicing or collection. The proposed rules would also certify requirements concerning when a rate is final.

None
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1
IC Title Form No. Form Name
Loan Servicing Appeals of William D. Ford Federal Direct Loan Program Cohort Rates

  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 97,063 97,797 0 -734 0 0
Annual Time Burden (Hours) 965,108 965,108 0 0 0 0
Annual Cost Burden (Dollars) 170,000 84,000 0 86,000 0 0
No
No

$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected

  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:
 
 
 
 
 
 
 
    (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.
07/09/1998


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