Comment Request: Lender's Request for Payment of Interest and Special Allowance-LaRS

The Department is proposing an extension without change of a currently approved information collection request (ICR) for the Lender's Interest and Special Allowance Request and Report. The information collected on the ED Form 799 is needed to pay interest and special allowance to holders of Federal Family Education Loans, for internal financial reporting, budgetary projections, and for audit and lender reviews by the Department, Servicers, External Auditors and Government Accountability Office (GAO).

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