[Federal Register Volume 90, Number 162 (Monday, August 25, 2025)]
[Notices]
[Page 41388]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-16230]
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DEPARTMENT OF EDUCATION
[Docket No.: ED-2025-SCC-0515]
Agency Information Collection Activities; Comment Request;
Guaranty Agency Financial Report
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
October 24, 2025.
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-2025-SCC-0515.
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, the Department 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 after the comment period will not be accepted.
Written requests for information or comments submitted by postal mail
or delivery should be addressed to Carolyn Rose, U.S. Department of
Education, Federal Student Aid, 400 Maryland Avenue SW, Washington, DC
20202.
FOR FURTHER INFORMATION CONTACT: For specific questions related to
collection activities, please contact Carolyn Rose, (202) 453-5967.
SUPPLEMENTARY INFORMATION: The Department, 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. The Department is soliciting comments on the
proposed information collection request (ICR) that is described below.
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: Guaranty Agency Financial Report.
OMB Control Number: 1845-0026.
Type of Review: Extension without change of a currently approved
ICR.
Respondents/Affected Public: Private Sector; State, Local, and
Tribal Governments.
Total Estimated Number of Annual Responses: 143.
Total Estimated Number of Annual Burden Hours: 7,865.
Abstract: The Department of Education (ED) is requesting renewal by
extension of the information collection 1845-0026 for the Guaranty
Agency Financial Report. There has been no change to the underlying
statute or regulations.
The Guaranty Agency Financial Report is used by a guaranty agency
to request payments of reinsurance for defaulted student loans; make
payments for amounts due to ED, 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.
Brian Fu,
Program and Management Analyst, Office of Planning, Evaluation and
Policy Development.
[FR Doc. 2025-16230 Filed 8-22-25; 8:45 am]
BILLING CODE 4000-01-P