[Federal Register Volume 64, Number 228 (Monday, November 29, 1999)]
[Notices]
[Pages 66615-66616]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-30859]


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DEPARTMENT OF EDUCATION


Submission for OMB Review; Comment Request

AGENCY: Department of Education.

SUMMARY: The Leader, Information Management Group, Office of the Chief 
Information Officer invites comments on the submission for OMB review 
as required by the Paperwork Reduction Act of 1995.

DATES: Interested persons are invited to submit comments on or before 
December 29, 1999.

ADDRESSES: Written comments should be addressed to the Office of 
Information and Regulatory Affairs, Attention: Danny Werfel, Desk 
Officer, Department of Education, Office of Management and Budget, 725 
17th Street, NW, Room 10235, New Executive Office Building, Washington, 
DC 20503 or should be electronically mailed to the internet address 
[email protected].

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 Leader, Information Management Group, 
Office of the Chief Information Officer, publishes that 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.

    Dated: November 22, 1999.
William E. Burrow,
Leader, Information Management Group, Office of the Chief Information 
Officer.

Office of Student Financial Assistance Programs

    Type of Review: Extension.
    Title: Guaranty Agency Quarterly/Annual Report.
    Frequency: Monthly.
    Affected Public: Not-for-profit institutions; State; local or 
Tribal Gov't, SEAs or LEAs.
    Reporting and Recordkeeping Burden:
      Responses: 36.
      Burden Hours: 9,000.
    Abstract: The Guaranty Agency Quarterly/Annual Report is submitted 
by 36 agencies operating a student loan insurance program under 
agreement with the Department of Education. These reports are used to 
evaluate agency operations, make payments to agencies as authorized by 
law, and to make reports to Congress. Form 1130 has been significantly 
altered due to the results of Congressional Reauthorization.

[[Page 66616]]

    Requests for copies of the proposed information collection request 
should be addressed to Vivian Reese, Department of Education, 400 
Maryland Avenue, SW, Room 5624, Regional Office Building 3, Washington, 
DC 20202-4651, or should be electronically mailed to the internet 
address OCIO__IMG__I[email protected], or should be faxed to 202-708-9346.
    Written comments or questions regarding burden and/or the 
collection activity requirements should be directed to Jacqueline 
Montague at 202-708-5359 or by e-mail at [email protected]. 
Individuals who use a telecommunications device for the deaf (TDD) may 
call the Federal Information Relay Service (FIRS) at 1-800-877-8339.

Office of Student Financial Assistance Programs

    Type of Review: New.
    Title: Guaranty Agency Financial Report.
    Frequency: Monthly.
    Affected Public: Businesses or other for-profit; State; local or 
Tribal Gov't, SEAs or LEAs.
    Reporting and Recordkeeping Burden:
      Responses: 36.
      Burden Hours: 33,660.
    Abstract: The Guaranty Agency Financial Report will be used to 
request payments from and make payments to the Department of Education 
under the Federal Family Education Loan (FFEL) program authorized by 
Title IV, Part B of the Higher Education Act (HEA) of 1965, as amended. 
The report will also be used to monitor the agency's financial 
activities, including activities concerning its federal fund; operating 
fund and the agency's restricted account. Recent negotiated rulemaking 
sessions had a major impact on the development of this form because of 
significant changes to guaranty agency reporting requirements, and 
reporting on two new funds, the Federal Fund and Operating Fund. 
Guaranty agency representatives spent three full days in Washington, DC 
working with ED on the development of this form 2000.
    Requests for copies of the proposed information collection request 
should be addressed to Vivian Reese, Department of Education, 400 
Maryland Avenue, SW, Room 5624, Regional Office Building 3, Washington, 
DC 20202-4651, or should be electronically mailed to the internet 
address OCIO__IMG__I[email protected], or should be faxed to 202-708-9346.
    Questions regarding burden and/or the collection activity 
requirements should be directed to Jacqueline Montague at 202-708-5359 
or by e-mail at [email protected]. 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. 99-30859 Filed 11-26-99; 8:45 am]
BILLING CODE 4000-01-P