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Summary: Federal Family Education Loan (FFEL) School Letter

Publication Date: August 11, 2008

Page Numbers: 46607

Summary: Federal Family Education Loan (FFEL) School Letter

Posted on 08-11-2008

[Federal Register: August 11, 2008 (Volume 73, Number 155)]
[Page 46607]
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
September 10, 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: August 5, 2008.
Angela C. Arrington, IC Clearance Official, Regulatory Information Management Services,
Office of Management.

Federal Student Aid

Type of Review: Extension.
Title: Federal Family Education Loan (FFEL) School Letter.
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.
Abstract: On March 4, 2008, a letter was sent via e-mail to 4,155
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 uses the information received from the financial
aid administrators to prepare an analysis and summary for presentation
to the Secretary. The Secretary continues to use the information to
make her decisions related to ensuring the continued availability of
educational loans for students and their families.

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
3657. 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 or faxed to 202-401-0920. Please specify
the complete title of the information collection when making your

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 1-800-877-8339.

[FR Doc. E8-18431 Filed 8-8-08; 8:45 am]


Last Modified: 08/10/2008