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Subject: Lender's Application for Payment of Insurance Claim, the U.S. Department of Education (ED) Form 1207

Publication Date: November 12, 2010

Posted Date: November 12, 2010

Subject: Lender's Application for Payment of Insurance Claim, the U.S. Department of Education (ED) Form 1207

FR Type: Notice

[Federal Register: November 12, 2010 (Volume 75, Number 218)]
[Notices]               
[Page 69425]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr12no10-30]                         

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DEPARTMENT OF EDUCATION

Notice of Proposed Information Collection Requests

AGENCY: Department of Education.

ACTION: Comment request.

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SUMMARY: The Department of Education (the Department), in accordance 
with the Paperwork Reduction Act of 1995 (PRA) (44 U.S.C. 
3506(c)(2)(A)), provides the general public and Federal agencies with 
an opportunity to comment on proposed and continuing collections of 
information. This helps the Department assess the impact of its 
information collection requirements and minimize the reporting burden 
on the public and helps the public understand the Department's 
information collection requirements and provide the requested data in 
the desired format. The Director, Information Collection Clearance 
Division, 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 
January 11, 2011.

ADDRESSES: Comments regarding burden and/or the collection activity 
requirements should be electronically mailed to ICDocketMgr@ed.gov or 
mailed to U.S. Department of Education, 400 Maryland Avenue, SW., LBJ, 
Washington, DC 20202-4537. Please note that written comments received 
in response to this notice will be considered public records.

SUPPLEMENTARY INFORMATION: Section 3506 of the Paperwork Reduction Act 
of 1995 (44 U.S.C. Chapter 35) requires that Federal agencies provide 
interested parties an early opportunity to comment on information 
collection requests. The Director, Information Collection Clearance 
Division, 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. 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: November 5, 2010.
Darrin A. King,
Director, Information Collection Clearance Division, Regulatory 
Information Management Services, Office of Management.

Federal Student Aid

    Type of Review: Extension.
    Title of Collection: Lender's Application for Payment of Insurance 
Claim, the U.S. Department of Education (ED) Form 1207.
    OMB Control Number: 1845-0042.
    Agency Form Number(s): ED Form 1207.
    Frequency of Responses: On occasion.
    Affected Public: Businesses or other for-profit.
    Total Estimated Number of Annual Responses: 12.
    Total Estimated Number of Annual Burden Hours: 3.
    Abstract: The U.S. Department of Education (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. ED uses the information on the ED Form 1207 to match 
disbursement data already on file for claim payment validation.
    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 4418. 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 ICDocketMgr@ed.gov or faxed to 202-401-0920. Please specify 
the complete title of the information collection and OMB Control Number 
when making your request.
    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. 2010-28496 Filed 11-10-10; 8:45 am]
BILLING CODE 4000-01-P