[Federal Register Volume 80, Number 243 (Friday, December 18, 2015)]
[Notices]
[Page 79037]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-31773]
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DEPARTMENT OF EDUCATION
[Docket No.: ED-2015-ICCD-0142]
Agency Information Collection Activities; Comment Request;
Federal Direct Consolidation Loan Program Application Documents
AGENCY: Federal Student Aid (FSA), Department of Education (ED).
ACTION: Notice.
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SUMMARY: In accordance with the Paperwork Reduction Act of 1995 (44
U.S.C. chapter 3501 et seq.), ED is proposing a revision of an existing
information collection.
DATES: Interested persons are invited to submit comments on or before
February 16, 2016.
ADDRESSES: To access and review all the documents related to the
information collection listed in this notice, please use http://www.regulations.gov by searching the Docket ID number ED-2015-ICCD-
0142. Comments submitted in response to this notice should be submitted
electronically through the Federal eRulemaking Portal at http://www.regulations.gov by selecting the Docket ID number or via postal
mail, commercial delivery, or hand delivery. Please note that comments
submitted by fax or email and those submitted after the comment period
will not be accepted. Written requests for information or comments
submitted by postal mail or delivery should be addressed to the
Director of the Information Collection Clearance Division, U.S.
Department of Education, 400 Maryland Avenue SW., LBJ, Room 2E103,
Washington, DC 20202-4537.
FOR FURTHER INFORMATION CONTACT: For specific questions related to
collection activities, please contact Jon Utz, 202-377-4040.
SUPPLEMENTARY INFORMATION: The Department of Education (ED), in
accordance with the Paperwork Reduction Act of 1995 (PRA) (44 U.S.C.
3506(c)(2)(A)), provides the general public and Federal agencies with
an opportunity to comment on proposed, revised, and continuing
collections of information. This helps the Department assess the impact
of its information collection requirements and minimize the public's
reporting burden. It also helps the public understand the Department's
information collection requirements and provide the requested data in
the desired format. ED is soliciting comments on the proposed
information collection request (ICR) that is described below. 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. Please note that
written comments received in response to this notice will be considered
public records.
Title of Collection: Federal Direct Consolidation Loan Program
Application Documents.
OMB Control Number: 1845-0053.
Type of Review: A revision of an existing information collection.
Respondents/Affected Public: Individuals or Households, Private
Sector.
Total Estimated Number of Annual Responses: 3,454,476.
Total Estimated Number of Annual Burden Hours: 817,429.
Abstract: This is collection of information includes the following
documents: (1) Federal Direct Consolidation Loan Application and
Promissory Note (Application and Promissory Note); (2) Instructions for
Completing the Federal Direct Consolidation Loan Application and
Promissory Note (Instructions); (3) Additional Loan Listing Sheet; (4)
Request to Add Loans; and (5) Loan Verification Certificate (LVC). The
Application and Promissory Note serves as the means by which a borrower
applies for a Federal Direct Consolidation Loan and promises to repay
the loan. The Instructions explain to the borrower how to complete the
Application and Promissory Note. The Additional Loan Listing Sheet
provides additional space for a borrower to list loans that he or she
wishes to consolidate, if there is insufficient space on the
Application and Promissory Note. The Request to Add Loans serves as the
means by which a borrower may add other loans to an existing Federal
Direct Consolidation Loan within a specified time period. The LVC
serves as the means by which the U.S. Department of Education obtains
the information needed to pay off the holders of the loans that the
borrower wants to consolidate. This revision updates the forms to
reflect regulatory changes, and revises language for greater clarity.
Kate Mullan,
Acting Director, Information Collection Clearance Division, Office of
the Chief Privacy Officer, Office of Management.
[FR Doc. 2015-31773 Filed 12-17-15; 8:45 am]
BILLING CODE 4000-01-P