Publication Date: September 26, 2007
Page Numbers: 54646
Summary: Lender's Request for Payment of Interest and Special
Posted on 09-26-2007
[Federal Register: September 26, 2007 (Volume 72, Number 186)]
From the Federal Register Online via GPO Access
DEPARTMENT OF EDUCATION
Submission for OMB Review; Comment Request
AGENCY: Department of Education.
SUMMARY: The Acting Leader, Information Management Case Services Team,
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
October 26, 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 firstname.lastname@example.org 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 Acting Leader, Information Management
Case Services Team, 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: September 20, 2007.
Delores J. Barber,
Acting Leader, Information Management Case Services Team, Regulatory
Information Management Services, Office of Management.
Federal Student Aid
Type of Review: Extension.
Title: Lender's Request for Payment of Interest and Special
Frequency: Quarterly; Anually.
Affected Public: Business or other for-profits; Not-for-profit
Reporting and Recordkeeping Hour Burden:
Burden Hours: 31,200.
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 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
3416. 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-
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. E7-18977 Filed 9-25-07; 8:45 am]
BILLING CODE 4000-01-P