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

Publication Date: December 14, 2007

Page Numbers: 71128-71129

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

Posted on 12-14-2007

[Federal Register: December 14, 2007 (Volume 72, Number 240)] [Notices] [Page 71128-71129] From the Federal Register Online via GPO Access [] [DOCID:fr14de07-34] ======================================================================= ----------------------------------------------------------------------- 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 January 14, 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 11, 2007. Angela C. Arrington, IC Clearance Official, Regulatory Information Management Services, Office of Management. Federal Student Aid Type of Review: Extension of a currently approved collection. 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 information collection submission for OMB review may be accessed from, 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 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, 202-245-6432. 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. E7-24269 Filed 12-13-07; 8:45 am] BILLING CODE 4000-01-P

Last Modified: 12/13/2007