[Federal Register Volume 66, Number 169 (Thursday, August 30, 2001)]
[Notices]
[Pages 45843-45844]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-21901]


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DEPARTMENT OF EDUCATION


Submission for OMB Review; Comment Request

AGENCY: Department of Education.
SUMMARY: The Leader, Regulatory 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 
October 1, 2001.

ADDRESSES: Written comments should be addressed to the Office of 
Information and Regulatory Affairs, Attention: Crystal Thomas, Desk 
Officer, Department of Education, Office of Management and Budget, 725 
17th Street, NW., Room 10202, New

[[Page 45844]]

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, Regulatory 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: August 24, 2001.
John Tressler,
Leader, Regulatory Information Management, Office of the Chief 
Information Officer.

Office of Student Financial Assistance Programs

    Type of Review: Extension.
    Title: Lender's Request for Payment of Interest and Special 
Allowance.
    Frequency: Quarterly, Annually.
    Affected Public: State, Local, or Tribal Gov't, SEAs or LEAs; 
Businesses or other for-profit.
    Reporting and Recordkeeping Hour Burden:
      Responses: 17,200
      Burden Hours: 41,925
    Abstract: The Lender's Interest and Special Allowance Request (Form 
799) is used by approximately 4,300 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 lender's loan portfolio for financial and budgetary 
projections.
    Requests for copies of the proposed information collection request 
may be accessed from http://edicsweb.ed.gov, or should be addressed to 
Vivian Reese, Department of Education, 400 Maryland Avenue, SW, Room 
4050, Regional Office Building 3, Washington, DC 20202-4651. Requests 
may also be electronically mailed to the internet address 
[email protected] or faxed to 202-708-9346. Please specify the complete 
title of the information collection when making your request. Comments 
regarding burden and/or the collection activity requirements should be 
directed to Joseph Schubart at (202) 708-9266 or via his internet 
address [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. 01-21901 Filed 8-29-01; 8:45 am]
BILLING CODE 4000-01-P