[Federal Register Volume 79, Number 39 (Thursday, February 27, 2014)]
[Notices]
[Pages 11093-11094]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-04255]


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DEPARTMENT OF EDUCATION

[Docket No.: ED-2013-ICCD-0158]


Agency Information Collection Activities; Submission to the 
Office of Management and Budget for Review and Approval; Comment 
Request; Federal Direct Consolidation Loan Program Application 
Documents

AGENCY: Federal Student Aid (FSA), Department of Education (ED).

[[Page 11094]]


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 31, 2014.

ADDRESSES: Comments submitted in response to this notice should be 
submitted electronically through the Federal eRulemaking Portal at 
http://www.regulations.gov by selecting Docket ID number ED-2013-ICCD-
0158 or via postal mail, commercial delivery, or hand delivery. If the 
regulations.gov site is not available to the public for any reason, ED 
will temporarily accept comments at [email protected]. Please note 
that comments submitted by fax or email and those submitted after the 
comment period will not be accepted; ED will only accept comments 
during the comment period in this mailbox when the regulations.gov site 
is not available. 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, Mailstop L-OM-2-
2E319, Room 2E103, Washington, DC 20202.

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: Private sector, individuals or 
households
    Total Estimated Number of Annual Responses: 2,430,000
    Total Estimated Number of Annual Burden Hours: 575,100
    Abstract: This 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 certain statutory and 
regulatory changes revises language for greater clarity and for greater 
consistency with other Direct Loan Program promissory notes.

    Dated: February 24, 2014.
Kate Mullan,
Acting Director, Information Collection Clearance Division, Privacy, 
Information and Records Management Services, Office of Management.
[FR Doc. 2014-04255 Filed 2-26-14; 8:45 am]
BILLING CODE 4000-01-P