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Subject: William D. Ford Federal Direct Loan (Direct Loan) Program Federal Direct PLUS Loan Master Promissory Note and Endorser Addendum.

Publication Date: June 21, 2010

Posted Date: June 21, 2010

Subject: William D. Ford Federal Direct Loan (Direct Loan) Program Federal Direct PLUS Loan Master Promissory Note and Endorser Addendum.

FR Type: Notice

[Federal Register: June 21, 2010 (Volume 75, Number 118)]
[Notices]               
[Page 34990]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr21jn10-52]                         

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DEPARTMENT OF EDUCATION

Notice of Proposed Information Collection Requests

AGENCY: Department of Education.

SUMMARY: The Director, Information Collection Clearance Division, 
Regulatory Information Management Services, Office of Management, 
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 
August 20, 2010.

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 Director, Information Collection 
Clearance Division, Regulatory Information Management Services, Office 
of Management, 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: June 15, 2010.
Darrin A. King,
Director, Information Collection Clearance Division, Regulatory 
Information Management Services, Office of Management.

Federal Student Aid

    Type of Review: Revision.
    Title: William D. Ford Federal Direct Loan (Direct Loan) Program 
Federal Direct PLUS Loan Master Promissory Note and Endorser Addendum.
    Frequency: On Occasion.
    Affected Public: Individuals or household.
    Reporting and Recordkeeping Hour Burden:
Responses: 1,364,219.
Burden Hours: 682,110.

    Abstract: The Federal PLUS Loan Master Promissory Note (Direct PLUS 
Loan MPN) serves as the means by which an individual applies for and 
agrees to repay a Federal Direct PLUS Loan. The Direct PLUS Loan MPN 
also informs the borrower of the terms and conditions of Direct PLUS 
Loan and includes a statement of borrower's rights and 
responsibilities. A Direct PLUS Loan borrower must not have an adverse 
credit history. If an applicant for a Direct PLUS Loan is determined to 
have an adverse credit history, the applicant may qualify for a Direct 
PLUS Loan by obtaining an endorser who does not have an adverse credit 
history. The Endorser Addendum serves as the means by which an endorser 
agrees to repay the Direct PLUS Loan if the borrower does not repay it.
    Requests for copies of the proposed information collection request 
may be accessed from http://edicsweb.ed.gov, by selecting the ``Browse 
Pending Collections'' link and by clicking on link number 4339. When 
you access the information collection, click on ``Download 
Attachments'' to view. Written requests for information should be 
addressed to U.S. Department of Education, 400 Maryland Avenue, SW., 
LBJ, Washington, DC 20202-4537. Requests may also be electronically 
mailed to ICDocketMgr@ed.gov or faxed to 202-401-0920. Please specify 
the complete title of the information collection when making your 
request.
    Comments regarding burden and/or the collection activity 
requirements should be electronically mailed to ICDocketMgr@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. 2010-14821 Filed 6-18-10; 8:45 am]
BILLING CODE 4000-01-P