[Federal Register Volume 68, Number 93 (Wednesday, May 14, 2003)]
[Notices]
[Pages 25867-25868]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-11979]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF EDUCATION


Notice of Proposed Information Collection Requests

AGENCY: Department of Education.
SUMMARY: The Acting Leader, Regulatory Management Group, Office of the 
Chief Information Officer, 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 
July 14, 2003.

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 Acting Leader, Regulatory 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.
    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

[[Page 25868]]

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: May 8, 2003.
Joseph Schubart,
Acting Leader, Regulatory Management Group, Office of the Chief 
Information Officer.

Federal Student Aid

    Type of Review: Extension.
    Title: Lender's Request for Payment of Interest and Special 
Allowance--LaRS.
    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: 14,184.
     Burden Hours: 34,573.
    Abstract: The Lender's Request for Payment of Interest and 
Special Allowance--LaRS (ED Form 799) is used by approximately 3,546 
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, by selecting 
the ``Browse Pending Collections'' link and by clicking on link 
number 2273. When you access the information collection, click on 
``Download Attachments'' to view. Written requests for information 
should be addressed to Vivian Reese, Department of Education, 400 
Maryland Avenue, SW., Room 4050, Regional Office Building 3, 
Washington, DC 20202-4651 or to the e-mail address [email protected]. 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 Joe Schubart at (202) 708-9266 or 
via his e-mail 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. 03-11979 Filed 5-13-03; 8:45 am]
BILLING CODE 4000-01-P