Maintained for Historical Purposes

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Guaranty Agency Financial Report

Publication Date: October 2002
FRPart:
RegPartsAffected:









Page Numbers: 62700-62701

Guaranty Agency Financial Report

[Federal Register: October 8, 2002 (Volume 67, Number 195)]
[Notices]               
[Page 62700-62701]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr08oc02-45]                         

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DEPARTMENT OF EDUCATION

 
Notice of Proposed Information Collection Requests

AGENCY: Department of Education.

ACTION: Notice.

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SUMMARY: The Leader, Regulatory 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 
December 9, 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 Management Group, 
Office of the Chief Information Officer, publishes that notice 
containing

[[Page 62701]]

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.

    Dated: October 2, 2002.
John D. Tressler,
Leader, Regulatory Management Group, Office of the Chief Information 
Officer.

Federal Student Aid

    Type of Review: Extension.
    Title: Guaranty Agency Financial Report.
    Frequency: Monthly; Annually.
    Affected Public: State, Local, or Tribal Gov't, SEAs or LEAs; 
Businesses or other for-profit.
    Reporting and Recordkeeping Hour Burden:
     Responses: 612.
     Burden Hours: 33,660.
    Abstract: The Guaranty Agency Financial Report is used to request 
payments from and make payments to the Department of Education under 
the Federal Family Education Loan (FFEL) program authorized by Title 
IV, Part B of the HEA of 1965, as amended. The report is also used to 
monitor the agency's financial activities, including activities 
concerning its federal fund, operating fund and the agency's restricted 
account.
    Requests for copies of the proposed information collection request 
may be accessed from http://edicsweb.ed.gov, by selecting the ``Browse 
Pending Collections'' link and by clicking on link number 2145. When 
you access the information collection, click on ``Download 
Attachments'' to view. Written requests for information 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 e-mail 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 his e-mail 
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. 02-25483 Filed 10-7-02; 8:45 am]
BILLING CODE 4000-01-P

Last Modified: 10/08/2002