Subject: Student Aid and Fiscal Responsibility Act (SAFRA) Payments to Loan Servicers for Job Retention: Final Requirements

Publication Date: MARCH 22, 2011
Posted Date: March 22, 2011
FR Type: Notice
[Federal Register: March 22, 2011 (Volume 76, Number 55)]
[Notices]               
[Page 15954]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr22mr11-65]                         

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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 
May 23, 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: March 17, 2011.
Darrin A. King,
Director, Information Collection Clearance Division, Regulatory 
Information Management Services, Office of Management.

Office of Postsecondary Education

    Type of Review: Reinstatement.
    Title of Collection: Student Aid and Fiscal Responsibility Act 
(SAFRA) Payments to Loan Servicers for Job Retention: Final 
Requirements.
    OMB Control Number: 1840-0815.
    Agency Form Number(s): N/A.
    Frequency of Responses: Annually.
    Affected Public: Businesses or other for-profit; Not-for-profit 
institutions.
    Total Estimated Number of Annual Responses: 37.
    Total Estimated Number of Annual Burden Hours: 1,221.
    Abstract: The Department of Education (ED) is requesting clearance 
of the data associated with this clearance. The data collected will 
facilitate the determination of eligibility for an award under the 
requirements in section 458(a)(7) of the Higher Education Act of 1965 
as amended (HEA, as added by section 2212(b)(1) of the Student Aid and 
Fiscal Responsibility Act (SAFRA) of 2010). Federal Family Education 
Loan Program servicers must submit certain annualized payroll and the 
number of employees on their staff to be considered for an award. ED 
will award each eligible a portion of $25,000,000, plus a portion of 
$6,000,000 an incentive, that is a carryover from FY 2010. The awards 
will be made by the end of FY 2011.
    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 4546. 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. 2011-6689 Filed 3-21-11; 8:45 am]
BILLING CODE 4000-01-P
Maintained for Historical Purposes

Subject: Student Aid and Fiscal Responsibility Act (SAFRA) Payments to Loan Servicers for Job Retention: Final Requirements
