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EDICS Collection Package Detail


(Tracking #:)OMBControl -version: (04056)1845-0094-v.1

Principal Office: Federal Student Aid
Title: William D. Ford Federal Direct Loan Program (DL) Regulations - Servicemembers Civil Relief Act (SCRA) * (KM)
Abstract: The William D Ford Federal Direct Loan Program proposed regulations revise current regulations in areas of program administration. The proposed regulations assure the Secretary that the integrity of the program is protected form fraud and misuse of program funds. The proposed regulations would provide that upon a loan holder's receipt of a written request from a borrower and a copy of the borrower's military orders, the maximum interest rate that may be charged on Stafford loans made prior to entering active military duty is six percent while on active duty.
Current Status: active
Expiration Date: 11/30/2012
Burden Hours: 743
Annual Responses: 4,500
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This list was generated on 11/23/09 at  18:58:41

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