[Federal Register Volume 61, Number 119 (Wednesday, June 19, 1996)]
[Notices]
[Pages 31091-31092]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-15507]



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[[Page 31092]]


DEPARTMENT OF EDUCATION

Notice of Proposed Information Collection Requests

AGENCY: Department of Education.

ACTION: Proposed collection; comment request.

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SUMMARY: The Director, Information Resources Group, 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 
August 19, 1996.

ADDRESSES: Written comments and requests for copies of the proposed 
information collection requests should be addressed to Patrick J. 
Sherrill, Department of Education, 600 Independence Avenue, S.W., Room 
5624, Regional Office Building 3, Washington, DC 20202-4651.

FOR FURTHER INFORMATION CONTACT: Patrick J. Sherrill (202) 708-8196. 
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: Section 3506 of the Paperwork Reduction Act 
of 1995 (44 U. S. C. Chapter 35) requires that the Office of Management 
and Budget (OMB) provide interested Federal agencies and the public an 
early opportunity to comment on information collection requests. OMB 
may amend or waive the requirement for public consultation to the 
extent that public participation in the approval process would defeat 
the purpose of the information collection, violate State or Federal 
law, or substantially interfere with any agency's ability to perform 
its statutory obligations. The Director of the Information Resources 
Group publishes this notice containing proposed information collection 
requests prior to submission of these requests to OMB. Each proposed 
information collection, grouped by office, contains the following: (1) 
Type of review requested, e.g., new, revision, extension, existing or 
reinstatement; (2) Title; (3) Summary of the collection; (4) 
Description of the need for, and proposed use of, the information; (5) 
Respondents and frequency of collection; and (6) Reporting and/or 
Recordkeeping burden. OMB invites public comment at the address 
specified above. Copies of the requests are available from Patrick J. 
Sherrill at the address specified above.
    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: June 13, 1996.
Gloria Parker,
Director, Information Resources Group.

Office of Postsecondary Education

    Type of Review: Reinstatement.
    Title: Lender's Participation Questionnaire (LPQ).
    Frequency: Annually.
    Affected Public: Business or other for-profit; State, local or 
Tribal Gov't, SEAs or LEAs.
    Annual Reporting and Recordkeeping Hour Burden:
      Responses: 100.
      Burden Hours: 17.
    Abstract: The Lender's Participation Questionnaire is submitted by 
lenders who are eligible for reimbursement of interest and special 
allowance, as well as Federal Insured Student Loan (FISL) claims 
payment, under the Federal Family Education Loan Program. The 
information will be used by ED to update Lender Identification Numbers 
(LIDs), lender names, addresses with 9 digit zip codes, and other 
pertinent information.

Office of Postsecondary Education

    Type of Review: Extension.
    Title: Lender's Interest and Special Allowance Request.
    Frequency: Quarterly.
    Affected Public: Business or other for-profit; State, local or 
Tribal Gov't, SEAs or LEAs.
    Annual Reporting and Recordkeeping Hour Burden:
      Responses: 10,544.
      Burden Hours: 102,804.
    Abstract: The Lender's Interest and Special Allowance Request and 
Report (ED Form 799) is used by approximately 9,000 lenders 
participating in the Title IV, Part B loan programs. The ED Form 799 is 
used to pay interest and special allowance to holders of the Part B 
loans; and to capture quarterly data from a lender's loan portfolio for 
financial and budgetary projections.

[FR Doc. 96-15507 Filed 6-18-96; 8:45 am]
BILLING CODE 4000-01-P