|Publication Date: July 2003
Page Numbers: 43093-43094
Lender's Request for Payment of Interest and Special Allowance--LAR's
Posted on 07-21-2003
[Federal Register: July 21, 2003 (Volume 68, Number 139)]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
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: Interested persons are invited to submit comments on or before
August 20, 2003.
ADDRESSES: Written comments should be addressed to the Office of
Information and Regulatory Affairs, Attention: Lauren Wittenberg, Desk
Officer, Department of Education, Office of Management and Budget, 725
17th Street, NW., Room 10235, New Executive Office Building,
Washington, DC 20503 or should be electronically mailed to the Internet
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: July 15, 2003.
Angela C. Arrington,
Leader, Regulatory Information Management Group, Office of the Chief
Federal Student Aid
Type of Review: Extension.
Title: Lender's Request for Payment of Interest and Special
Frequency: Quarterly, Annually.
Affected Public: Businesses or other for-profit; State, local or
Tribal Gov't, SEAs or LEAs.
Reporting and Recordkeeping Hour Burden:
Burden Hours: 34,573.
Abstract: The Lender's Request for Payment of Interest and Special
Allowance--LaRS (ED Form 799) is used by approximately 3,546 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 submission for OMB review; comment
request may be accessed from http://edicsweb.ed.gov, by selecting the
``Browse Pending Collections'' link and by clicking on link number
2273. 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 Vivan.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 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. 03-18398 Filed 7-18-03; 8:45 am]