[Federal Register: May 25, 1999 (Volume 64, Number 100)]
[Notices]               
[Page 28165]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr25my99-61]

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DEPARTMENT OF EDUCATION

 
Notice of Proposed Information Collection Requests

AGENCY: Department of Education.

SUMMARY: The Acting Leader, Information 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 26, 1999.

ADDRESSES: Written comments and requests for copies of the proposed 
information collection requests should be addressed to Patrick J. 
Sherrill, Department of Education, 400 Maryland Avenue, SW, Room 5624, 
Regional Office Building 3, Washington, DC 20202-4651, or should be 
electronically mailed to the internet address Pat__Sherrill@ed.gov, or 
should be faxed to 202-708-9346.

FOR FURTHER INFORMATION CONTACT: Patrick J. Sherrill (202) 708-8196. 
Individuals who use a telecommunications device for the deaf (TDD) may 
call the Federal Information Relay Service (FIRS) at 1-800-877-8339 
between 8 a.m. and 8 p.m., Eastern time, Monday through Friday.

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, Information 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 at the address specified above. Copies of the requests 
are available from Patrick J. Sherrill at the address specified above. 
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.

    Dated: May 19, 1999.
William E. Burrow,
Acting Leader, Information Management Group, Office of the Chief 
Information Officer.

Office of Student Financial Assistance Programs

    Type of Review: Extension.
    Title: Lender's Participation Questionnaire (LPQ) for New Lenders.
    Frequency: Annually.
    Affected Public: Business or other for-profit.
    Reporting and Recordkeeping Burden:
      Responses: 121.
      Burden Hours: 20.
    Abstract: The Lender's Participation Questionnaire is submitted by 
lenders who are eligible for reimbursement of interest and special 
allowance, as well as Federal Insured Student Loan (FISL) claims 
payment, under the Federal Family Education Loan Program. The 
information will be used by ED to update Lender Identification Numbers 
(LIDs), lender names, addresses with 9 digit zip codes and other 
pertinent information.

Office of Student Financial Assistance Programs

    Type of Review: Extension.
    Title: Lender's Request for Payment of Interest and Special 
Allowance.
    Frequency: Annually.
    Affected Public: Business or other for-profit.
    Reporting and Recordkeeping Burden:
      Responses: 10,544.
      Burden Hours: 102,804.
    Abstract: The Lender's Interest and Special Allowance Request and 
Report (Form 799) is used by approximately 10,544 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 a lender's loan portfolio for financial and 
budgetary projections.

[FR Doc. 99-13133 Filed 5-24-99; 8:45 am]
BILLING CODE 4000-01-P