[Federal Register Volume 87, Number 233 (Tuesday, December 6, 2022)]
[Notices]
[Pages 74608-74609]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-26470]


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DEPARTMENT OF EDUCATION

[Docket No.: ED-2022-SCC-0121]


Agency Information Collection Activities; Submission to the 
Office of Management and Budget for Review and Approval; Comment 
Request; Lender's Request for Payment of Interest and Special 
Allowance--LaRS

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

ACTION: Notice.

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SUMMARY: In accordance with the Paperwork Reduction Act (PRA) of 1995, 
the Department is proposing an extension without change of a currently 
approved information collection request (ICR).

DATES: Interested persons are invited to submit comments on or before 
January 5, 2023.

ADDRESSES: Written comments and recommendations for proposed 
information collection requests should be submitted within 30 days of 
publication of this notice. Click on this link www.reginfo.gov/public/do/PRAMain to access the site. Find this information collection request 
(ICR) by selecting ``Department of Education'' under ``Currently Under 
Review,'' then check the ``Only Show ICR for Public Comment'' checkbox. 
Reginfo.gov provides two links to view documents related to this 
information collection request. Information collection forms and 
instructions may be found by clicking on the ``View Information 
Collection (IC) List'' link. Supporting statements and other supporting 
documentation may be found by clicking on the ``View Supporting 
Statement and Other Documents'' link.

FOR FURTHER INFORMATION CONTACT: For specific questions related to 
collection activities, please contact Beth Grebeldinger, 202-377-4018.

SUPPLEMENTARY INFORMATION: The Department 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: Lender's Request for Payment of Interest and 
Special Allowance--LaRS.
    OMB Control Number: 1845-0013.
    Type of Review: An extension without change of a currently approved 
ICR.
    Respondents/Affected Public: Private Sector.
    Total Estimated Number of Annual Responses: 1,452.
    Total Estimated Number of Annual Burden Hours: 3,539.
    Abstract: The Department of Education (the Department) is 
submitting the Lender's Interest and Special Allowance Request & 
Report, ED Form 799 for extension of the current OMB approval. The 
information collected on the ED Form 799 is needed to pay interest and 
special allowance to holders of Federal Family Education Loans, for 
internal financial reporting, budgetary projections, and for audit and 
lender reviews by the Department, Servicers, External Auditors and 
Government Accountability Office (GAO). The legal authority for 
collecting this information is Title IV, Part B of the Higher Education 
Act of 1965, as amended by the Higher Education Reconciliation Act of 
2005 (``the HERA''), (Pub. L. 109-171). The Department is requesting 
the continual approval for regulatory sections 682.304 and 682.414.


[[Page 74609]]


    Dated: December 1, 2022.
Kun Mullan,
PRA Coordinator, Strategic Collections and Clearance Governance and 
Strategy Division, Office of Chief Data Officer, Office of Planning, 
Evaluation and Policy Development.
[FR Doc. 2022-26470 Filed 12-5-22; 8:45 am]
BILLING CODE 4000-01-P