[Federal Register Volume 81, Number 35 (Tuesday, February 23, 2016)]
[Notices]
[Pages 8947-8948]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-03707]


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DEPARTMENT OF EDUCATION

[Docket No.: ED-2015-ICCD-0140]


Agency Information Collection Activities; Submission to the 
Office of Management and Budget for Review and Approval; Comment 
Request; Federal Direct Stafford/Ford Loan and Federal Direct 
Subsidized/Unsubsidized Stafford/Ford Loan Master Promissory Note

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 
March 24, 2016.

ADDRESSES: To access and review all the documents related to the 
information

[[Page 8948]]

collection listed in this notice, please use http://www.regulations.gov 
by searching the Docket ID number ED-2015-ICCD-0140. 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 2E-103, 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 Stafford/Ford Loan and Federal 
Direct Subsidized/Unsubsidized Stafford/Ford Loan Master Promissory 
Note.
    OMB Control Number: 1845-0007.
    Type of Review: A revision of an existing information collection.
    Respondents/Affected Public: Individuals or Households.
    Total Estimated Number of Annual Responses: 5,027,286.
    Total Estimated Number of Annual Burden Hours: 2,513,643.
    Abstract: The Federal Direct Stafford/Ford Loan (Direct Subsidized 
Loan) and Federal Direct Unsubsidized Stafford/Ford Loan (Direct 
Unsubsidized Loan) Master Promissory Note (MPN) serves as the means by 
which an individual agrees to repay a Direct Subsidized Loan and/or 
Direct Unsubsidized Loan. An MPN is a promissory note under which a 
borrower may receive loans for a single or multiple academic years. 
This revision incorporates changes to information based on statutory 
and regulatory changes as well as expanding repayment plan information, 
deleting outdated information and clarifying information through 
updated charts and language.

    Dated: February 18, 2016.
Kate Mullan,
Acting Director, Information Collection Clearance Division, Office of 
the Chief Privacy Officer, Office of Management.
[FR Doc. 2016-03707 Filed 2-22-16; 8:45 am]
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