Publication Date: March 4, 2008
FRPart:
Page Numbers: 11625
Summary: Federal Family Education Loan (FFEL) School Letter
Posted on 03-04-2008
[Federal Register: March 4, 2008 (Volume 73, Number 43)]
[Notices]
[Page 11625]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr04mr08-53]
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DEPARTMENT OF EDUCATION
Notice Of Proposed Information Collection Requests
AGENCY: Department of Education.
ACTION: Notice of proposed information collection requests.
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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: An emergency review has been requested in accordance with the
Act (44 U.S.C. Chapter 3507 (j)), since public harm is reasonably
likely to result if normal clearance procedures are followed. Approval
by the Office of Management and Budget (OMB) has been requested by
February 28, 2008.
ADDRESSES: Written comments regarding the emergency review 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, New Executive Office Building,
Washington, DC 20503.
SUPPLEMENTARY INFORMATION: Section 3506 of the Paperwork Reduction Act
of 1995 (44 U.S.C. Chapter 35) requires that the Director of OMB
provide interested Federal agencies and the public an early opportunity
to comment on information collection requests. The Office of Management
and Budget (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 this notice containing proposed information
collection requests at the beginning of the Departmental review of the
information collection. 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. ED 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
respondents, including through the use of information technology.
Dated: February 28, 2008.
Angela C. Arrington,IC Clearance Official, Regulatory Information Management Services,
Office of Management.
Federal Student Aid
Type of Review: New.
Title: Federal Family Education Loan (FFEL) School Letter.
Abstract: A letter will be sent via e-mail to approximately 4,500
financial aid administrators at institutions that participate in the
Federal Family Educational Loan Program. The purpose of the letter is
to inform the financial aid administrators that the Department of
Education is monitoring the current uncertainty in the credit markets
and the impact of that uncertainty on student loan programs. The letter
invites the financial aid administrator to provide the Department with
any information he or she has related to any lender that plans to
reduce, suspend, or discontinue making student loans. The letter
requests this information for both federal and non-federal student
loans. The Department will use the information received from the
financial aid administrators to prepare an analysis and summary for
presentation to the Secretary. The Secretary will use the information
to make her decisions related to ensuring the continued availability of
educational loans for students and their families.
Additional Information: The Department requests emergency clearance
for the approval of a letter that will be sent via e-mail to
approximately 4,500 financial aid administrators at institutions that
participate in the Federal Family Educational Loan Program. The
approval is requested by Thursday, February 28, 2008 since the
Secretary plans to send this letter out as soon as possible.
Frequency: One time.
Affected Public: Not-for-profit institutions; State, Local or
Tribal Gov't, SEAs or LEAs.
Reporting and Recordkeeping Hour Burden:
Responses: 500.
Burden Hours: 125.
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 3630. 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.,
LBJ, Washington, DC 20202-4537. Requests may also be electronically
mailed to the Internet address ICDocketMgr@ed.gov or faxed to 202-401-
0920. 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. E8-4113 Filed 3-3-08; 8:45 am]
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