FR Doc E6-21337
[Federal Register: December 14, 2006 (Volume 71, Number 240)]
[Notices]               
[Page 75238]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr14de06-40]                         
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DEPARTMENT OF EDUCATION

 
Notice of Proposed Information Collection Requests

AGENCY: Department of Education.
SUMMARY: The Acting Leader, Information Policy and Standards Team, 
Regulatory Information Management Services, Office of Management, 
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 
February 12, 2007.

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 Policy and 
Standards Team, Regulatory Information Management Services, Office of 
Management, 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.
    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: December 8, 2006.
Dianne M. Novick,
Acting Leader, Information Policy and Standards Team, Regulatory 
Information Management Services, Office of Management.

Federal Student Aid

    Type of Review: Extension.
    Title: Guaranty Agency Financial Report.
    Frequency: Monthly, Annually.
    Affected Public: State, Local, or Tribal Gov't, SEAs or LEAs; 
Businesses or other for-profit.
    Reporting and Recordkeeping Hour Burden:

Responses: 612.
Burden Hours: 33,660.

    Abstract: The Guaranty Agency Financial Report is used to request 
payments from and make payments to the Department of Education under 
the Federal Family Education Loan (FFEL) Program authorized by Title 
IV, Part B of the Higher Education Act of 1965, as amended (HEA). The 
report is also used to monitor the agency's financial activities, 
including activities concerning its Federal fund; operating fund and 
the agency's restricted account.
    Requests for copies of the proposed information collection request 
may be accessed from http://edicsweb.ed.gov, by selecting the ``Browse 

Pending Collections'' link and by clicking on link number 3239. When 
you access the information collection, click on ``Download 
Attachments'' to view. Written requests for information should be 
addressed to U.S. Department of Education, 400 Maryland Avenue, SW., 
Potomac Center, 9th Floor, Washington, DC 20202-4700. Requests may also 
be electronically mailed to ICDocketMgr@ed.gov or faxed to 202-245-
6623. Please specify the complete title of the information collection 
when making your request.
    Comments regarding burden and/or the collection activity 
requirements should be electronically mailed to ICDocketMgr@ed.gov. 
Individuals who use a telecommunications device for the deaf (TDD) may 
call the Federal Information Relay Service (FIRS) at 1-800-877-8339.

[FR Doc. E6-21337 Filed 12-13-06; 8:45 am]

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