[Federal Register Volume 59, Number 84 (Tuesday, May 3, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-10516]


[[Page Unknown]]

[Federal Register: May 3, 1994]


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DEPARTMENT OF EDUCATION
34 CFR Chapter VI

 

Guaranty Agency Reserves Negotiated Rulemaking Advisory 
Committee: Meeting

AGENCY: Guaranty Agency Reserves Negotiated Rulemaking Advisory 
Committee, Department of Education.

ACTION: Notice of meeting.

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SUMMARY: This notice set forth the date and location of the forthcoming 
meeting of the Guaranty Agency Reserves Negotiated Rulemaking Advisory 
Committee. This notice also describes the functions of the committee. 
Notice of this meeting is required under Section 10(a)(2) of the 
Federal Advisory Committee Act. This document is intended to notify the 
general public of their opportunity to attend.

DATES: May 19-20, 1994 from 9:00 am to 5:00 pm.

ADDRESSES: The Barcelo Washington Hotel, 2121 P Street NW., Washington, 
DC (202) 293-3100.

FOR FURTHER INFORMATION CONTACT: Jennifer Peck, Office of the Assistant 
for Postsecondary Education U.S. Department of Education, 400 Maryland 
Avenue SW (room 4082, ROB-3), Washington, DC 20202-5100 Telephone: 
(202) 708-5547. Individuals who use a telecommunications device for the 
deaf (TDD) may call the Federal Information Relay Service (FIRS) at 1-
800-877-8339 between 8 a.m. and 8 p.m., Eastern time, Monday through 
Friday.

SUPPLEMENTARY INFORMATION: The Guaranty Agency Reserves Negotiated 
Rulemaking Advisory Committee is established by sections 422 and 457 of 
the Higher Education Act of 1965, as amended by the Student Loan Reform 
Act of 1993 (Pub. L. 103-66; 20 USC 1087g). The Committee is also 
established in accordance with the provisions of the Negotiated 
Rulemaking Act (Pub. L. 101-648, as amended; 5 USC 561). The advisory 
Committee is established to provide advice to the Secretary on the 
standards, criteria, procedures, and regulations governing advances for 
reserve funds of State and nonprofit private loan insurance programs. 
These standards, criteria, procedures and regulations will implement 
Section 422 of the Higher Education Act of 1965, as amended by the 
Student Loan Reform Act of 1993 beginning with the academic year 1995-
1996 (20 U.S.C. 1072).
    The meeting is open to the public. The agenda will include the 
following items:

--Complete definition of reserve funds and assets
--Negotiate standard for unnecessary reserves
--Negotiate definition of improper expenditures

    Records are kept of all committee proceedings and are available for 
public inspection at the Office of the Assistant Secretary for 
Postsecondary Education, room 4082, ROB-3, 7th and D Streets SW., 
Washington, DC from the hours of 9:00 am and 5:00 pm weekdays, except 
Federal holidays.

    Dated: April 26, 1994.
David A. Longanecker,
Assistant Secretary, Office of Postsecondary Education, U.S. Department 
of Education.
[FR Doc. 94-10516 Filed 5-2-94; 8:45 am]
BILLING CODE 4000-01-M