Maintained for Historical Purposes

This resource is being maintained for historical purposes only and is not currently applicable.

Federal Perkins/NDSL Loan Assignment Form.

Publication Date: October 22, 2001
FRPart:

RegPartsAffected:

674.56
674.57
674.60

Page Numbers: 53406-53407

Summary: Federal Perkins/NDSL Loan Assignment Form.

[Federal Register: October 22, 2001 (Volume 66, Number 204)]
[Notices]               
[Page 53406]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr22oc01-39]                         

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DEPARTMENT OF EDUCATION

 
Submission for OMB Review; Comment Request

AGENCY: Department of Education.
SUMMARY: The Leader, Regulatory Information Management Group, Office of 
the Chief Information Officer invites comments on the submission for 
OMB review as required by the Paperwork Reduction Act of 1995.

DATES: An emergency review has been requested in accordance with the 
Act (44 U.S.C. Chapter 3507 (j)), since public harm is reasonably 
likely to result if normal clearance procedures are followed. Approval 
by the Office of Management and Budget (OMB) has been requested by 
October 26, 2001. Interested persons are invited to submit comments on 
or before November 21, 2001.

ADDRESSES: Written comments should be addressed to the Office of 
Information and Regulatory Affairs, Attention: Cristal Thomas, Desk 
Officer, Department of Education, Office of Management and Budget, 725 
17th Street, N.W., Room 10202, New Executive Office Building, 
Washington, D.C. 20503 or should be electronically mailed to the 
internet address CAThomas@omb.eop.gov.

SUPPLEMENTARY INFORMATION: Section 3506 of the Paperwork Reduction Act 
of 1995 (44 U.S.C. Chapter 35) requires that the Office of Management 
and Budget (OMB) provide interested Federal agencies and the public an 
early opportunity to comment on information collection requests. OMB 
may amend or waive the requirement for public consultation to the 
extent that public participation in the approval process would defeat 
the purpose of the information collection, violate State or Federal 
law, or substantially interfere with any agency's ability to perform 
its statutory obligations. The Leader, Regulatory Information 
Management Group, Office of the Chief Information Officer, publishes 
that notice containing proposed information collection requests prior 
to submission of these requests to OMB. Each proposed information 
collection, grouped by office, contains the following: (1) Type of 
review requested, e.g. new, revision, extension, existing or 
reinstatement; (2) Title; (3) Summary of the collection; (4) 
Description of the need for, and proposed use of, the information; (5) 
Respondents and frequency of collection; and (6) Reporting and/or 
Recordkeeping burden. OMB invites public comment.

    Dated: October 16, 2001.
John Tressler,
Leader, Regulatory Information Management, Office of the Chief 
Information Officer.
    Office of Student Financial Assistance Programs.
    Type of Review: Reinstatement.
    Title: Federal Perkins/NDSL Loan Assignment Form.
    Frequency: On Occasion.
    Affected Public: Not-for-profit institutions; Individuals or 
household; Businesses or other for-profit.
    Reporting and Recordkeeping Hour Burden:
      Responses: 21,262.
      Burden Hours: 10,631.
    Abstract: This form is used to collect pertinent data regarding 
defaulted student loans from institutions participating in the Federal 
Perkins Loan Program. The ED Form 553 serves as the transmittal 
document in the assignment of such defaulted loans to the Federal 
government for collection from postsecondary institutions.
    Additional Information: Burden has been reduced due to the hard 
work of the community with the Department this last Spring.
    Requests for copies of the proposed information collection request 
may be accessed from http://edicsweb.ed.gov, or should be addressed to 
Vivian Reese, Department of Education, 400 Maryland Avenue, SW, Room 
4050, Regional Office Building 3, Washington, DC 20202-4651. Requests 
may also be electronically mailed to the internet address 
OCIO.RIMG@ed.gov or faxed to 202-708-9346. Please specify the complete 
title of the information collection when making your request. Comments 
regarding burden and/or the collection activity requirements should be 
directed to Joseph Schubart at (202) 708-9266 or via his internet 
address Joe.Schubart@ed.gov. Individuals who use a telecommunications 
device for the deaf (TDD) may call the Federal Information Relay 
Service (FIRS) at 1-800-877-8339.

[FR Doc. 01-26482 Filed 10-19-01; 8:45 am]
BILLING CODE 4000-01-P

 

Last Modified: 10/22/2001