| Publication Date: 03-2002 FRPart: |
|
| RegPartsAffected: |
682.603 |
Page Numbers: 9721-9722
Summary: Lender's Interest and Special Allowance Request Form 799
[Federal Register: March 4, 2002 (Volume 67, Number 42)]
[Notices]
[Page 9721-9722]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr04mr02-56]
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DEPARTMENT OF EDUCATION
Notice of Proposed Information Collection Requests
AGENCY: Department of Education.
SUMMARY: The Leader, Regulatory Information Management Group, Office of
the Chief Information Officer, invites comments on the proposed
information collection requests as required by the Paperwork Reduction
Act of 1995.
DATES: Interested persons are invited to submit comments on or before
May 3, 2002.
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.
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.
[[Page 9722]]
Dated: February 26, 2002.
John Tressler,
Leader, Regulatory Information Management, Office of the Chief
Information Officer.
Student Financial Assistance
Type of Review: Extension.
Title: Lender's Request for Payment of Interest and Special
Allowance.
Frequency: Quarterly, Annually.
Affected Public: State, Local, or Tribal Gov't, SEAs or LEAs;
Businesses or other for-profit.
Reporting and Recordkeeping Hour Burden:
Responses: 17,200.
Burden Hours: 41,925.
Abstract: The Lender's Interest and Special Allowance Request (Form
799) is used by approximately 4,300 lenders participating in the Title
IV, PART B loan programs. The ED Form 799 is used to pay interest and
special allowance to holders of the Part B loans and to capture
quarterly data from lender's loan portfolio for financial and budgetary
projections.
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 or to the
e-mail address vivian.reese@ed.gov. 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. 02-5010 Filed 3-1-02; 8:45 am]
BILLING CODE 4000-01-P