[Federal Register Volume 84, Number 159 (Friday, August 16, 2019)]
[Notices]
[Pages 41978-41979]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-17620]


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DEPARTMENT OF EDUCATION

[Docket No.: ED-2019-ICCD-0070]


Agency Information Collection Activities; Submission to the 
Office of Management and Budget for Review and Approval; Comment 
Request; Guaranty Agency Financial Report

AGENCY: Department of Education (ED), Federal Student Aid (FSA).

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.

DATES: Interested persons are invited to submit comments on or before 
September 16, 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-
0070. 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: Guaranty Agency Financial Report.
    OMB Control Number: 1845-0026.
    Type of Review: An extension of an existing information collection.
    Respondents/Affected Public: State, Local, and Tribal Governments; 
Private Sector.
    Total Estimated Number of Annual Responses: 528.
    Total Estimated Number of Annual Burden Hours: 29,040.

[[Page 41979]]

    Abstract: The Guaranty Agency Financial Reports is used by a 
guaranty agency to request payments of reinsurance for defaulted 
student loans; make payments for amounts due the Department, for 
collections on default and lender of last resort loan (default) claims 
on which reinsurance has been paid and for refunding amounts previously 
paid for reinsurance claims. The form is also used to determine 
required reserve levels for agencies and to collect debt information as 
required for the ``Report on Accounts and Loans Receivable Due from the 
Public,'' SF 220-9 (Schedule 9 Report) as required by the U.S. 
Department of Treasury.

    Dated: August 13, 2019.
Kate Mullan,
PRA Coordinator, Information Collection Clearance Program, Information 
Management Branch, Office of the Chief Information Officer.
[FR Doc. 2019-17620 Filed 8-15-19; 8:45 am]
 BILLING CODE 4000-01-P