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Federal Direct Consolidation Loan Program Application Documents

Publication Date: September 14, 2001
FRPart:
RegPartsAffected:









Page Numbers: 47911

Federal Direct Consolidation Loan Program Application Documents

[Federal Register: September 14, 2001 (Volume 66, Number 179)]
[Notices]
[Page 47911]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr14se01-21]

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DEPARTMENT OF EDUCATION


Notice of Proposed Information Collection Requests

AGENCY: Department of Education.

SUMMARY: The Leader, Regulatory Information Management Group, Office of
the Chief Information Officer, invites comments on the proposed
information collection requests as required by the Paperwork Reduction
Act of 1995.

DATES: Interested persons are invited to submit comments on or before
November 13, 2001.

SUPPLEMENTARY INFORMATION: Section 3506 of the Paperwork Reduction Act
of 1995 (44 U.S.C. Chapter 35) requires that the Office of Management
and Budget (OMB) provide interested Federal agencies and the public an
early opportunity to comment on information collection requests. OMB
may amend or waive the requirement for public consultation to the
extent that public participation in the approval process would defeat
the purpose of the information collection, violate State or Federal
law, or substantially interfere with any agency's ability to perform
its statutory obligations. The Leader, Regulatory Information
Management Group, Office of the Chief Information Officer, publishes
that notice containing proposed information collection requests prior
to submission of these requests to OMB. Each proposed information
collection, grouped by office, contains the following: (1) Type of
review requested, e.g. new, revision, extension, existing or
reinstatement; (2) Title; (3) Summary of the collection; (4)
Description of the need for, and proposed use of, the information; (5)
Respondents and frequency of collection; and (6) Reporting and/or
Recordkeeping burden. OMB invites public comment. The Department of
Education is especially interested in public comment addressing the
following issues: (1) Is this collection necessary to the proper
functions of the Department; (2) will this information be processed and
used in a timely manner; (3) is the estimate of burden accurate; (4)
how might the Department enhance the quality, utility, and clarity of
the information to be collected; and (5) how might the Department
minimize the burden of this collection on the respondents, including
through the use of information technology.

Dated: September 10, 2001.
John Tressler,
Leader, Regulatory Information Management, Office of the Chief
Information Officer.

Office of Student Financial Assistance Programs

Type of Review: Revision.
Title: Federal Direct Consolidation Loan Program Application Documents.
Frequency: On occasion.
Affected Public: Businesses or other for-profit; Individuals or household.
Reporting and Recordkeeping Hour Burden:
Responses: 1,028,500.
Burden Hours: 681,875.
Abstract: These forms are the means by which an applicant applies
for/promises to repay a Federal Direct Consolidation Loan and a lender
verifies an eligible loan to be consolidated.
Requests for copies of the proposed information collection request
may be accessed from http://edicsweb.ed.gov, or should be addressed to
Vivian Reese, Department of Education, 400 Maryland Avenue, SW, Room
4050, Regional Office Building 3, Washington, DC 20202-4651. Requests
may also be electronically mailed to the Internet address
OCIO_RIMG@ed.gov or faxed to 202-708-9346. Please specify the complete
title of the information collection when making your request.
Comments regarding burden and/or the collection activity
requirements should be directed to Joseph Schubart at (202) 708-9266 or
via his Internet address Joe.Schubart@ed.gov. Individuals who use a
telecommunications device for the deaf (TDD) may call the Federal
Information Relay Service (FIRS) at 1-800-877-8339.

[FR Doc. 01-23072 Filed 9-13-01; 8:45 am]
BILLING CODE 4000-01-P