[Federal Register Volume 85, Number 17 (Monday, January 27, 2020)]
[Notices]
[Page 4652]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-01327]
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DEPARTMENT OF EDUCATION
[Docket No.: ED-2019-ICCD-0143]
Agency Information Collection Activities; Submission to the
Office of Management and Budget for Review and Approval; Comment
Request; Lender's Request for Payment of Interest and Special
Allowance--LaRS
AGENCY: Federal Student Aid (FSA), Department of Education (ED).
ACTION: Notice.
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SUMMARY: In accordance with the Paperwork Reduction Act of 1995, ED is
proposing an extension of an existing information collection.
DATES: Interested persons are invited to submit comments on or before
February 26, 2020.
ADDRESSES: To access and review all the documents related to the
information collection listed in this notice, please use http://www.regulations.gov by searching the Docket ID number ED-2019-ICCD-
0143. Comments submitted in response to this notice should be submitted
electronically through the Federal eRulemaking Portal at http://www.regulations.gov by selecting the Docket ID number or via postal
mail, commercial delivery, or hand delivery. If the regulations.gov
site is not available to the public for any reason, ED will temporarily
accept comments at [email protected]. Please include the docket ID
number and the title of the information collection request when
requesting documents or submitting comments. Please note that comments
submitted by fax or email and those submitted after the comment period
will not be accepted. Written requests for information or comments
submitted by postal mail or delivery should be addressed to the
Director of the Strategic Collections and Clearance Governance and
Strategy Division, U.S. Department of Education, 400 Maryland Ave. SW,
LBJ, Room 6W-208D, Washington, DC 20202-4537.
FOR FURTHER INFORMATION CONTACT: For specific questions related to
collection activities, please contact Beth Grebeldinger, 202-377-4018.
SUPPLEMENTARY INFORMATION: The Department of Education (ED), 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, revised, and continuing
collections of information. This helps the Department assess the impact
of its information collection requirements and minimize the public's
reporting burden. It also helps the public understand the Department's
information collection requirements and provide the requested data in
the desired format. ED is soliciting comments on the proposed
information collection request (ICR) that is described below. 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. Please note that
written comments received in response to this notice will be considered
public records.
Title of Collection: Lender's Request for Payment of Interest and
Special Allowance--LaRS.
OMB Control Number: 1845-0013.
Type of Review: An extension of an existing information collection.
Respondents/Affected Public: Private Sector.
Total Estimated Number of Annual Responses: 2,175.
Total Estimated Number of Annual Burden Hours: 4,241.
Abstract: The Department of Education (the Department) is
submitting the Lender's Interest and Special Allowance Request &
Report, ED Form 799 for approval. 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 General Accounting Office
(GAO). The legal authority for collecting this information is Title IV,
Part B of the Higher Education Act of 1965, as amended by the Higher
Education Reconciliation Act of 2005 (``the HERA''), (Pub. L. 109-171).
The Department is requesting the continual approval for regulatory
sections 682.304 and 682.414.
Dated: January 22, 2020.
Kate Mullan,
PRA Coordinator, Strategic Collections and Clearance, Governance and
Strategy Division, Office of Chief Data Officer.
[FR Doc. 2020-01327 Filed 1-24-20; 8:45 am]
BILLING CODE 4000-01-P