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Summary: Lender's Application for Payment of Insurance Claim, ED Form 1207.

Publication Date: October 9, 2007
FRPart:

Page Numbers: 57312

Summary: Lender's Application for Payment of Insurance Claim, ED Form 1207.

Posted on 10-09-2007

[Federal Register: October 9, 2007 (Volume 72, Number 194)]

[Notices]

[Page 57312]

From the Federal Register Online via GPO Access [wais.access.gpo.gov]

[DOCID:fr09oc07-51]

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DEPARTMENT OF EDUCATION

Notice of Proposed Information Collection Requests

AGENCY: Department of Education.

SUMMARY: The IC Clearance Official, Regulatory Information Management

Services, Office of Management, 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 10, 2007.

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.

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, 2007.

Angela C. Arrington, IC Clearance Official, Regulatory Information Management Services,

Office of Management.

Federal Student Aid

Type of Review: Extension.

Title: Lender's Application for Payment of Insurance Claim, ED Form 1207.

Frequency: On Occasion.

Affected Public: State, Local, or Tribal Gov't, SEAs or LEAs;

Businesses or other for-profit.

Reporting and Recordkeeping Hour Burden:

Responses: 51.

Burden Hours: 14.

Abstract: The ED Form 1207--Lender's Application for Payment of

Insurance Claim is completed for each borrower for whom the lender is

filing a Federal claim. Lenders must file for payment within 90 days of

the default, depending on the type of claim filed.

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 3488. 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. E7-19819 Filed 10-5-07; 8:45 am]

BILLING CODE 4000-01

Last Modified: 10/08/2007