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Summary: Consolidation Loan Rebate Fee Report

Publication Date: December 12, 2007

Page Numbers: 70577-70578

Summary: Consolidation Loan Rebate Fee Report

Posted on 12-12-2007

[Federal Register: December 12, 2007 (Volume 72, Number 238)]
[Page 70577-70578]
From the Federal Register Online via GPO Access []



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 January 11, 2008.

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 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: December 6, 2007.
Angela C. Arrington, IC Clearance Official, Regulatory Information Management Services,
Office of Management.

Federal Student Aid

Type of Review: Extension.
Title: Consolidation Loan Rebate Fee Report.
Frequency: Monthly.
Affected Public:
Businesses or other for-profit; State, Local, or Tribal Gov't, SEAs or LEAs.
Reporting and Recordkeeping Hour Burden:

Responses: 12,000.
Burden Hours: 13,000.
Abstract: The Consolidation Loan Rebate Fee Report for payment by
check or Electronic Funds Transfer (EFT) will be used by approximately
817 lenders participating in the Title IV, Part B loans program. The
information collected is used to transmit interest payment rebate fees
to the Secretary of Education.
Requests for copies of the information collection submission for
OMB review may be accessed from, by selecting
the ``Browse Pending Collections'' link and by clicking on link number
3485. 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 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
Individuals who use a telecommunications device for the
deaf (TDD) may call the Federal Information Relay Service (FIRS) at

[FR Doc. E7-24011 Filed 12-11-07; 8:45 am]


Last Modified: 12/11/2007