Federal Register / Vol. 88, No. 226 / Monday, November 27, 2023 / Notices 82863 

multiyear award, you must submit an 

annual performance report that provides 

the most current performance and 

financial expenditure information as 

directed by IES under 34 CFR 75.118. 

IES may also require more frequent 

performance reports under 34 CFR 

75.720(c). For specific requirements on 

reporting, please go to www.ed.gov/ 

fund/grant/apply/appforms/ 

appforms.html. 

5. Performance Measures: To evaluate 

the overall success of its education 

research grant programs, IES annually 

assesses the percentage of projects that 

result in peer-reviewed publications and 

the number of IES-supported 

interventions with evidence of efficacy 

in improving learner education 

outcomes. Student academic outcomes 

include learning and achievement in 

academic content areas, such as reading, 

writing, math, and science, as well as 

outcomes that reflect students’ 

successful progression through the 

education system, such as course and 

grade completion; high school 

graduation; and postsecondary 

enrollment, progress, and completion. 

Social and behavioral competencies 

include social and emotional skills, 

attitudes, and behaviors that are 

important to academic and postacademic success. Employment and 

earnings outcomes include hours of 

employment, job stability, and wages 

and benefits, and may be measured in 

addition to student academic outcomes. 

6. Continuation Awards: In making a 

continuation award under 34 CFR 

75.253, IES considers, among other 

things: whether a grantee has made 

substantial progress in achieving the 

goals and objectives of the project; 

whether the grantee has expended funds 

in a manner that is consistent with its 

approved application and budget; 

whether a grantee is in compliance with 

the IES policy regarding public access to 

research; and if IES has established 

performance measurement 

requirements, whether the grantee has 

made substantial progress in achieving 

the performance targets in the grantee’s 

approved application. 

In making a continuation award, IES 

also considers whether the grantee is 

operating in compliance with the 

assurances in its approved application, 

including those applicable to Federal 

civil rights laws that prohibit 

discrimination in programs or activities 

receiving Federal financial assistance 

from the Department (34 CFR 100.4, 

104.5, 106.4, 108.8, and 110.23). 

VII. Other Information 

Accessible Format: On request to the 

relevant program contact person listed 

in the chart at the end of this notice, as 

well as in the relevant RFA and 

application package, individuals with 

disabilities can obtain this document 

and a copy of the RFA in an accessible 

format. The Department will provide the 

requestor with an accessible format that 

may include Rich Text Format (RTF) or 

text format (txt), a thumb drive, an MP3 

file, braille, large print, audiotape, or 

compact disc, or other accessible format. 

Electronic Access to This Document: 

The official version of this document is 

the document published in the Federal 

Register. You may access the official 

edition of the Federal Register and the 

Code of Federal Regulations at 

www.govinfo.gov. At this site you can 

view this document, as well as all other 

documents of this Department 

published in the Federal Register, in 

text or Portable Document Format 

(PDF). To use PDF you must have 

Adobe Acrobat Reader, which is 

available free at the site. 

You may also access documents of the 

Department published in the Federal 

Register by using the article search 

feature at www.federalregister.gov. 

Specifically, through the advanced 

search feature at this site, you can limit 

your search to documents published by 

the Department. 

Mark Schneider, 

Director, Institute of Education Sciences. 

ALN and name 

Application 

package 

available 

Deadline for 

transmittal of 

applications 

Estimated range of 

awards * Project period For further information contact 

National Center for Education Research (NCER) 

84.305C. Education Research and Development 

Center Program.

On or before 

December 7, 

2023.

March 7, 2024 ... Up to 5 years. 

D Improving Rural Education ......................... .......................... ........................... $1 to $2 million ....... ........................... Emily Doolittle, Emily.Doolittle@

ed.gov, 202–987–0795. 

D K–12 Teacher Recruitment and Retention 

Policy.

.......................... ........................... $1 to $2 million ....... ........................... Wai-Ying Chow, WaiYing.Chow@ed.gov, 202– 

245–8198. 

D Improving Outcomes in Elementary 

Science Education.

.......................... ........................... $2 to $3 million ....... ........................... Jennifer Schellinger, Jennifer.Schellinger@ed.gov, 

202–987–0765. 

D Using Generative Artificial Intelligence to 

Augment Teaching and Learning in Classrooms.

.......................... ........................... $1 to $2 million ....... ........................... Christina Chhin, Christina.Chhin@ed.gov, 202–245– 

7736. 

* These estimates are annual amounts. 

Note: The Department is not bound by any estimates in this notice. 

Note: If you are deaf, hard of hearing, or have a speech disability and wish to access telecommunications relay services, please dial 7–1–1. 

[FR Doc. 2023–26008 Filed 11–24–23; 8:45 am] 

BILLING CODE 4000–01–P 

DEPARTMENT OF EDUCATION 

Annual Notice of Interest Rates for 

Fixed-Rate Federal Student Loans 

Made Under the William D. Ford 

Federal Direct Loan Program 

AGENCY: Federal Student Aid, 

Department of Education. 

ACTION: Notice. 

SUMMARY: The Chief Operating Officer 

for Federal Student Aid announces the 

interest rates for Federal Direct Stafford/ 

Ford Loans (Direct Subsidized Loans), 

Federal Direct Unsubsidized Stafford/ 

Ford Loans (Direct Unsubsidized 

Loans), and Federal Direct PLUS Loans 

(Direct PLUS Loans) made under the 

William D. Ford Federal Direct Loan 

(Direct Loan) Program, Assistance 

Listing Number 84.268, with first 

disbursement dates on or after July 1, 

2023, and before July 1, 2024. 

FOR FURTHER INFORMATION CONTACT: 

Travis Sturlaugson, U.S. Department of 

Education, 830 First Street NE, 

Washington, DC 20202. Telephone: 

202–377–4174 or by email: 

travis.sturlaugson@ed.gov. 

If you are deaf, hard of hearing, or 

have a speech disability and wish to 


khammond on DSKJM1Z7X2PROD with NOTICES
82864 Federal Register / Vol. 88, No. 226 / Monday, November 27, 2023 / Notices 

1 Graduate and professional students are not 

eligible to receive Direct Subsidized Loans. 

access telecommunications relay 

services, please dial 7–1–1. 

SUPPLEMENTARY INFORMATION: Direct 

Subsidized Loans, Direct Unsubsidized 

Loans, Direct PLUS Loans, and Direct 

Consolidation Loans (collectively 

referred to as ‘‘Direct Loans’’) may have 

either fixed or variable interest rates, 

depending on when the loan was first 

disbursed or, in the case of a Direct 

Consolidation Loan, when the 

application for the loan was received. 

Direct Subsidized Loans, Direct 

Unsubsidized Loans, and Direct PLUS 

Loans first disbursed on or after July 1, 

2006, and Direct Consolidation Loans 

for which the application was received 

on or after February 1, 1999, have fixed 

interest rates that apply for the life of 

the loan. Direct Subsidized Loans, 

Direct Unsubsidized Loans, and Direct 

PLUS Loans first disbursed before July 

1, 2006, and Direct Consolidation Loans 

for which the application was received 

before February 1, 1999, have variable 

interest rates that are determined 

annually and are in effect during the 

period from July 1 of one year through 

June 30 of the following year. 

This notice announces the fixed 

interest rates for Direct Subsidized 

Loans, Direct Unsubsidized Loans, and 

Direct PLUS Loans with first 

disbursement dates on or after July 1, 

2023, and before July 1, 2024, and 

provides interest rate information for 

other fixed-rate Direct Loans. Interest 

rate information for variable-rate Direct 

Loans is announced in a separate 

Federal Register notice. 

Fixed-Rate Direct Subsidized Loans, 

Direct Unsubsidized Loans, and Direct 

PLUS Loans First Disbursed on or After 

July 1, 2013 

Section 455(b) of the Higher 

Education Act of 1965, as amended 

(HEA) (20 U.S.C. 1087e(b)), includes 

formulas for determining the interest 

rates for all Direct Subsidized Loans, 

Direct Unsubsidized Loans, and Direct 

PLUS Loans first disbursed on or after 

July 1, 2013. The interest rate for these 

loans is a fixed rate that is determined 

annually for all loans first disbursed 

during any 12-month period beginning 

on July 1 and ending on June 30. The 

rate is equal to the high yield of the 10- 

year Treasury notes auctioned at the 

final auction held before June 1 of that 

12-month period, plus a statutory addon percentage that varies depending on 

the loan type and, for Direct 

Unsubsidized Loans, whether the loan 

was made to an undergraduate or 

graduate student. The calculated 

interest rate may not exceed a maximum 

rate specified in the HEA. If the interest 

rate formula results in a rate that 

exceeds the statutory maximum rate, the 

rate is the statutory maximum rate. 

Loans first disbursed during different 

12-month periods that begin on July 1 

and end on June 30 may have different 

interest rates, but the rate determined 

for any loan is a fixed interest rate for 

the life of the loan. 

On May 10, 2023, the United States 

Treasury Department held a 10-year 

Treasury note auction that resulted in a 

high yield of 3.448 percent. 

Chart 1 shows the fixed interest rates 

for Direct Subsidized Loans, Direct 

Unsubsidized Loans, and Direct PLUS 

Loans first disbursed on or after July 1, 

2023, and before July 1, 2024. 

CHART 1—DIRECT SUBSIDIZED LOANS, DIRECT UNSUBSIDIZED LOANS, AND DIRECT PLUS LOANS FIRST DISBURSED ON OR

AFTER 07/01/2023 AND BEFORE 07/01/2024 

Loan type Borrower type 

10-year 

treasury note 

high yield 

05/10/2023 

(%) 

Add-on 

(%) 

Maximum rate 

(%) 

Fixed interest 

rate 

(%) 

Direct Subsidized Loans 

Direct Unsubsidized 

Loans.

Undergraduate students ...................................... 3.448 2.05 8.25 5.50 

Direct Unsubsidized 

Loans 1.

Graduate and professional students ................... 3.448 3.60 9.50 7.05 

Direct PLUS Loans ........ Parents of dependent undergraduate students ...

Graduate and professional students ...................

3.448 4.60 10.50 8.05 

For reference, Chart 2 compares the 

fixed interest rates for Direct Subsidized 

Loans, Direct Unsubsidized Loans, and 

Direct PLUS Loans first disbursed 

during the period July 1, 2023, through 

June 30, 2024, with the fixed interest 

rates for loans first disbursed during 

each previous 12-month period from 

July 1, 2013, through June 30, 2023. 

CHART 2—DIRECT SUBSIDIZED LOANS, DIRECT UNSUBSIDIZED LOANS, AND DIRECT PLUS LOANS FIRST DISBURSED ON OR

AFTER 07/01/2013 AND BEFORE 07/01/2024 

First disbursed Fixed interest rates 

(%) 

Federal Register notice 

On/after Before 

Direct 

Subsidized 

Loans, 

Direct 

Unsubsidized 

Loans, 

(undergraduate 

students) 

Direct 

Unsubsidized 

Loans, 

(graduate or 

professional 

students) 

Direct PLUS 

Loans 

07/01/2023 ................ 07/01/2024 5.50 7.05 8.05 N/A. 

07/01/2022 ................ 07/01/2023 4.99 6.54 7.54 87 FR 50326 (August 16, 2022). 


khammond on DSKJM1Z7X2PROD with NOTICES
Federal Register / Vol. 88, No. 226 / Monday, November 27, 2023 / Notices 82865 

2Effective for loan periods beginning on or after 

July 1, 2012, graduate and professional students are 

no longer eligible to receive Direct Subsidized 

Loans. 

CHART 2—DIRECT SUBSIDIZED LOANS, DIRECT UNSUBSIDIZED LOANS, AND DIRECT PLUS LOANS FIRST DISBURSED ON OR

AFTER 07/01/2013 AND BEFORE 07/01/2024—Continued 

First disbursed Fixed interest rates 

(%) 

Federal Register notice 

On/after Before 

Direct 

Subsidized 

Loans, 

Direct 

Unsubsidized 

Loans, 

(undergraduate 

students) 

Direct 

Unsubsidized 

Loans, 

(graduate or 

professional 

students) 

Direct PLUS 

Loans 

07/01/2021 ................ 07/01/2022 3.73 5.28 6.28 86 FR 44003 (August 11, 2021). 

07/01/2020 ................ 07/01/2021 2.75 4.30 5.30 85 FR 48229 (August 10, 2020). 

07/01/2019 ................ 07/01/2020 4.53 6.08 7.08 85 FR 2417 (January 15, 2020). 

07/01/2018 ................ 07/01/2019 5.05 6.60 7.60 83 FR 53864 (October 25, 2018). 

07/01/2017 ................ 07/01/2018 4.45 6.00 7.00 82 FR 29062 (June 27, 2017). 

07/01/2016 ................ 07/01/2017 3.76 5.31 6.31 81 FR 38159 (June 13, 2016). 

07/01/2015 ................ 07/01/2016 4.29 5.84 6.84 80 FR 42488 (July 17, 2015). 

07/01/2014 ................ 07/01/2015 4.66 6.21 7.21 79 FR 37301 (July 1, 2014). 

07/01/2013 ................ 07/01/2014 3.86 5.41 6.41 78 FR 59011 (September 25, 2013). 

Fixed-Rate Direct Subsidized Loans, 

Direct Unsubsidized Loans, and Direct 

PLUS Loans First Disbursed on or After 

July 1, 2006, and Before July 2, 2013 

Direct Subsidized Loans, Direct 

Unsubsidized Loans, and Direct PLUS 

Loans first disbursed on or after July 1, 

2006, and before July 1, 2013, have fixed 

interest rates that are specified in 

section 455(b) of the HEA (20 U.S.C. 

1087e(b)). Chart 3 shows the interest 

rates for these loans. 

CHART 3—DIRECT SUBSIDIZED LOANS, DIRECT UNSUBSIDIZED LOANS, AND DIRECT PLUS LOANS FIRST DISBURSED ON OR

AFTER 07/01/2006 AND BEFORE 07/01/2013 

Loan type Borrower type 

First 

disbursed 

on/after 

First 

disbursed 

before 

Interest 

rate 

(%) 

Subsidized .............................. Undergraduate students ......................................................... 07/01/2011 07/01/2013 3.40 

Subsidized .............................. Undergraduate students ......................................................... 07/01/2010 07/01/2011 4.50 

Subsidized .............................. Undergraduate students ......................................................... 07/01/2009 07/01/2010 5.60 

Subsidized .............................. Undergraduate students ......................................................... 07/01/2008 07/01/2009 6.00 

Subsidized .............................. Undergraduate students ......................................................... 07/01/2006 07/01/2008 6.80 

Subsidized .............................. Graduate or professional students ......................................... 07/01/2006 2 07/01/2012 6.80 

Unsubsidized .......................... Undergraduate and graduate or professional students ......... 07/01/2006 07/01/2013 6.80 

PLUS ....................................... Graduate or professional students and parents of dependent undergraduate students.07/01/2006 07/01/2013 7.90 

Fixed-Rate Direct Consolidation Loans 

Section 455(b) of the HEA specifies 

that all Direct Consolidation Loans for 

which the application was received on 

or after February 1, 1999, have a fixed 

interest rate that is equal to the 

weighted average of the interest rates on 

the loans consolidated, rounded to the 

nearest higher one-eighth of one 

percent. For Direct Consolidation Loans 

for which the application was received 

on or after February 1, 1999, and before 

July 1, 2013, the interest rate may not 

exceed 8.25 percent. However, under 

section 455(b) of the HEA, the 8.25 

percent interest rate cap does not apply 

to Direct Consolidation Loans made 

based on applications received on or 

after July 1, 2013. Chart 4 shows the 

interest rates for fixed-rate Direct 

Consolidation Loans. 

CHART 4—DIRECT CONSOLIDATION LOANS MADE BASED ON APPLICATIONS RECEIVED ON OR AFTER 02/01/1999 

Application received Interest rate 

(%) 

Maximum 

interest rate 

(%) 

On/after 07/01/2013 .................................. Weighted average of the interest rates on the loans consolidated, rounded to the 

nearest higher one-eighth of one percent.

None 

On/after 02/01/1999 and before 07/01/ 

2013.

(same as above) .......................................................................................................... 8.25% 


khammond on DSKJM1Z7X2PROD with NOTICES
82866 Federal Register / Vol. 88, No. 226 / Monday, November 27, 2023 / Notices 

Accessible Format: On request to the 

program contact person listed under FOR

FURTHER INFORMATION CONTACT, 

individuals with disabilities can obtain 

this document in an accessible format. 

The Department will provide the 

requestor with an accessible format that 

may include Rich Text Format (RTF) or 

text format (txt), a thumb drive, an MP3 

file, braille, large print, audiotape, or 

compact disc, or other accessible format. 

Electronic Access to This Document: 

The official version of this document is 

the document published in the Federal 

Register. You may access the official 

edition of the Federal Register and the 

Code of Federal Regulations at 

www.govinfo.gov. At this site you can 

view this document, as well as all other 

documents of this Department 

published in the Federal Register, in 

text or Portable Document Format 

(PDF). To use PDF you must have 

Adobe Acrobat Reader, which is 

available free at the site. 

You may also access documents of the 

Department published in the Federal 

Register by using the article search 

feature at www.federalregister.gov. 

Specifically, through the advanced 

search feature at this site, you can limit 

your search to documents published by 

the Department. 

Program Authority: 20 U.S.C. 1087, et 

seq. 

Richard Cordray, 

Chief Operating Officer, Federal Student Aid. 

[FR Doc. 2023–26052 Filed 11–24–23; 8:45 am] 

BILLING CODE 4000–01–P 

DEPARTMENT OF EDUCATION 

[Docket No.: ED–2023–SCC–0120] 

Agency Information Collection 

Activities; Submission to the Office of 

Management and Budget for Review 

and Approval; Comment Request; 

Direct Loan, FFEL, Perkins and TEACH 

Grant Total and Permanent Disability 

Discharge Application and Related 

Forms 

AGENCY: Federal Student Aid (FSA), 

Department of Education (ED). 

ACTION: Notice. 

SUMMARY: In accordance with the 

Paperwork Reduction Act (PRA) of 

1995, the Department is proposing an 

extension without change of a currently 

approved information collection request 

(ICR). 

DATES: Interested persons are invited to 

submit comments on or before 

December 27, 2023. 

ADDRESSES: Written comments and 

recommendations for proposed 

information collection requests should 

be submitted within 30 days of 

publication of this notice. Go to 

www.reginfo.gov/public/do/PRAMain to 

access the site. Find this information 

collection request (ICR) by selecting 

‘‘Department of Education’’ under 

‘‘Currently Under Review,’’ then check 

the ‘‘Only Show ICR for Public 

Comment’’ checkbox. Reginfo.gov 

provides two links to view documents 

related to this information collection 

request. Information collection forms 

and instructions may be found by 

clicking on the ‘‘View Information 

Collection (IC) List’’ link. Supporting 

statements and other supporting 

documentation may be found by 

clicking on the ‘‘View Supporting 

Statement and Other Documents’’ link. 

FOR FURTHER INFORMATION CONTACT: For 

specific questions related to collection 

activities, please contact Beth 

Grebeldinger, (202) 377–4018. 

SUPPLEMENTARY INFORMATION: The 

Department 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: Direct Loan, FFEL, 

Perkins and TEACH Grant Total and 

Permanent Disability Discharge 

Application and Related Forms. 

OMB Control Number: 1845–0065. 

Type of Review: A revision of a 

currently approved ICR. 

Respondents/Affected Public: 

Individuals or Households. 

Total Estimated Number of Annual 

Responses: 61,629. 

Total Estimated Number of Annual 

Burden Hours: 30,814. 

Abstract: The Department of 

Education (Department) is requesting a 

renewal as revision of the information 

collection, 1845–0065, Total and 

Permanent Disability (TPD) Discharge 

Application and Related Forms. The 

regulations governing TPD discharges of 

federal student loans and TEACH Grant 

service obligations are contained in 34 

CFR 685.213 for the Direct Loan 

Program, 34 CFR 682.402(c) for the 

FFEL Program, 34 CFR 674.61(b) for the 

Perkins Loan Program, and 34 CFR 

686.42(b) for the TEACH Grant Program. 

A final rule published on November 1, 

2022 (87 FR 65904) made changes to the 

TPD discharge regulations, including an 

expansion of the types of Social 

Security Administration (SSA) 

disability determinations that qualify a 

borrower or TEACH Grant recipient for 

TPD discharge; elimination of the 

requirement for borrowers who receive 

TPD discharges based on SSA 

determinations or a physician’s 

certification to provide documentation 

of their annual earnings from 

employment during the 3-year postdischarge monitoring period; and 

expansion of the categories of medical 

professionals who may certify an 

individual’s TPD discharge application 

which necessitate the updating of this 

information collection. We have also 

revised the form based on public 

comment and internal review for ease of 

use and clarity. We have moved 

definitions to the front to allow users to 

know if their loans can be included on 

this form. We have moved forward 

where the completed form is to be sent 

and how to get assistance in completing 

the form. Further explanation of 

changes are in the attached comment 

response table. 

Dated: November 20, 2023. 

Kun Mullan, 

PRA Coordinator, Strategic Collections and 

Clearance Governance and Strategy Division, 

Office of Chief Data Officer, Office of 

Planning, Evaluation and Policy 

Development. 

[FR Doc. 2023–26021 Filed 11–24–23; 8:45 am] 

BILLING CODE 4000–01–P 

DEPARTMENT OF EDUCATION 

Annual Notice of Interest Rates for 

Variable-Rate Federal Student Loans 

Made Under the Federal Family 

Education Loan Program Prior to July 

1, 2010 

AGENCY: Federal Student Aid, 

Department of Education. 

ACTION: Notice. 

SUMMARY: The Chief Operating Officer 

for Federal Student Aid announces the 

interest rates for loans made under the 

Federal Family Education Loan (FFEL) 

Program, Assistance Listing Number 

84.032, that have variable interest rates. 

The rates announced in this notice are 

in effect for the period July 1, 2023, 

through June 30, 2024. 

FOR FURTHER INFORMATION CONTACT: 

Travis Sturlaugson, U.S. Department of 

Education, 830 First Street NE, 

Washington, DC 20202. Telephone: 


khammond on DSKJM1Z7X2PROD with NOTICES