[Federal Register Volume 84, Number 64 (Wednesday, April 3, 2019)]
[Notices]
[Pages 13016-13017]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-06467]
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DEPARTMENT OF EDUCATION
[Docket No. ED-2019-ICCD-0045]
Agency Information Collection Activities; Comment Request; Part
601 Preferred Lender Arrangements
AGENCY: Federal Student Aid (FSA), Department of Education (ED).
ACTION: Notice.
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SUMMARY: In accordance with the Paperwork Reduction Act of 1995, ED is
proposing an extension of an existing information collection.
[[Page 13017]]
DATES: Interested persons are invited to submit comments on or before
June 3, 2019.
ADDRESSES: To access and review all the documents related to the
information collection listed in this notice, please use http://www.regulations.gov by searching the Docket ID number ED-2019-ICCD-
0045. Comments submitted in response to this notice should be submitted
electronically through the Federal eRulemaking Portal at http://www.regulations.gov by selecting the Docket ID number or via postal
mail, commercial delivery, or hand delivery. If the regulations.gov
site is not available to the public for any reason, ED will temporarily
accept comments at [email protected]. Please include the docket ID
number and the title of the information collection request when
requesting documents or submitting comments. Please note that comments
submitted by fax or email and those submitted after the comment period
will not be accepted. Written requests for information or comments
submitted by postal mail or delivery should be addressed to the
Director of the Information Collection Clearance Division, U.S.
Department of Education, 550 12th Street SW, PCP, Room 9086,
Washington, DC 20202-0023.
FOR FURTHER INFORMATION CONTACT: For specific questions related to
collection activities, please contact Beth Grebeldinger, 202-377-4018.
SUPPLEMENTARY INFORMATION: The Department of Education (ED), in
accordance with the Paperwork Reduction Act of 1995 (PRA) (44 U.S.C.
3506(c)(2)(A)), provides the general public and Federal agencies with
an opportunity to comment on proposed, revised, and continuing
collections of information. This helps the Department assess the impact
of its information collection requirements and minimize the public's
reporting burden. It also helps the public understand the Department's
information collection requirements and provide the requested data in
the desired format. ED is soliciting comments on the proposed
information collection request (ICR) that is described below. 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. Please note that
written comments received in response to this notice will be considered
public records.
Title of Collection: Part 601 Preferred Lender Arrangements.
OMB Control Number: 1845-0101.
Type of Review: An extension of an existing information collection.
Respondents/Affected Public: Individuals or Households; Private
Sector; State, Local, and Tribal Governments.
Total Estimated Number of Annual Responses: 18,623,389.
Total Estimated Number of Annual Burden Hours: 3,801,989.
Abstract: Part 601--Institution and Lender Requirements Relating to
Education Loans is a section of the regulations governing private
education loans offered at covered institutions. These regulations
assure the Secretary that the integrity of the program is protected
from fraud and misuse of program funds and places requirements on
institutions and lenders to ensure that borrowers receive additional
disclosures about Title IV, HEA program assistance prior to obtaining a
private education loan. The Department is submitting the unchanged
Private Education Loan Applicant Self-Certification for OMB's continued
approval. While information about the applicant's cost of attendance
and estimated financial assistance must be provided to the student, if
available, the student will provide the data to the private loan lender
who must collect and maintain the self-certification form prior to
disbursement of a Private Education Loan. The Department will not
receive the Private Education Loan Applicant Self-Certification form
and therefore will not be collecting and maintaining the form or its
data.
Dated: March 29, 2019.
Kate Mullan,
PRA Coordinator, Information Collection Clearance Program, Information
Management Branch, Office of the Chief Information Officer.
[FR Doc. 2019-06467 Filed 4-2-19; 8:45 am]
BILLING CODE 4000-01-P