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Summary: Guaranty Agency Financial Report

Publication Date: February 16, 2007
FRPart:

Page Numbers: 7627

Summary: Guaranty Agency Financial Report

Posted on 02-16-2007


[Federal Register: February 16, 2007 (Volume 72, Number 32)]
[Notices]               
[Page 7627]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr16fe07-61]                         

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DEPARTMENT OF EDUCATION

 
Submission for OMB Review; Comment Request

AGENCY: Department of Education.
SUMMARY: The IC Clearance Official, Regulatory Information Management 
Services, Office of Management 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 
March 19, 2007.

ADDRESSES: Written comments should be addressed to the Office of 
Information and Regulatory Affairs, Attention: Education Desk Officer, 
Office of Management and Budget, 725 17th Street, NW., Room 10222, 
Washington, DC 20503. Commenters are encouraged to submit responses 
electronically by e-mail to oira_submission@omb.eop.gov or via fax to 
(202) 395-6974. Commenters should include the following subject line in 
their response ``Comment: [insert OMB number], [insert abbreviated 
collection name, e.g., ``Upward Bound Evaluation'']. Persons submitting 
comments electronically should not submit paper copies.

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 IC Clearance Official, Regulatory 
Information Management Services, Office of Management, 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: February 12, 2007.
Angela C. Arrington,
IC Clearance Official, Regulatory Information Management Services, 
Office of Management.

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 Higher Education Act (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 information collection submission for 
OMB review may be accessed from http://edicsweb.ed.gov, by selecting 
the ``Browse Pending Collections'' link and by clicking on link number 
3239. When you access the information collection, click on ``Download 
Attachments'' to view. Written requests for information should be 
addressed to U.S. Department of Education, 400 Maryland Avenue, SW., 
Potomac Center, 9th Floor, Washington, DC 20202-4700. Requests may also 
be electronically mailed to ICDocketMgr@ed.gov or faxed to 202-245-
6623. Please specify the complete title of the information collection 
when making your request.
    Comments regarding burden and/or the collection activity 
requirements should be electronically mailed to ICDocketMgr@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. E7-2779 Filed 2-15-07; 8:45 am]

BILLING CODE 4000-01-P

Last Modified: 02/26/2007