Notice2021-16890

Agency Information Collection Activities; Comment Request; Servicemembers Civil Relief Act (SCRA): Interest Rate Limitation Request

Primary source

Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.

Published
August 9, 2021

Issuing agencies

Education Department

Abstract

In accordance with the Paperwork Reduction Act of 1995, ED is proposing an extension without change of a currently approved collection.

Full Text

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<title>Federal Register, Volume 86 Issue 150 (Monday, August 9, 2021)</title>
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[Federal Register Volume 86, Number 150 (Monday, August 9, 2021)]
[Notices]
[Pages 43531-43532]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-16890]


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DEPARTMENT OF EDUCATION

[Docket No.: ED-2021-SCC-0120]


Agency Information Collection Activities; Comment Request; 
Servicemembers Civil Relief Act (SCRA): Interest Rate Limitation 
Request

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

ACTION: Notice.

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SUMMARY: In accordance with the Paperwork Reduction Act of 1995, ED is 
proposing an extension without change of a currently approved 
collection.

DATES: Interested persons are invited to submit comments on or before 
October 8, 2021.

ADDRESSES: To access and review all the documents related to the 
information collection listed in this notice, please use <a href="http://www.regulations.gov">http://www.regulations.gov</a> by searching the Docket ID number ED-2021-SCC-0120. 
Comments submitted in response to this notice should be submitted 
electronically through the Federal eRulemaking Portal at <a href="http://www.regulations.gov">http://www.regulations.gov</a> by selecting the Docket ID number or via postal 
mail, commercial delivery, or hand delivery. If the <a href="http://regulations.gov">regulations.gov</a> 
site is not available to the public for any reason, ED will temporarily 
accept comments at <a href="/cdn-cgi/l/email-protection#6c252f28030f070918210b1e2c0908420b031a"><span class="__cf_email__" data-cfemail="ade4eee9c2cec6c8d9e0cadfedc8c983cac2db">[email&#160;protected]</span></a>. 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 PRA 
Coordinator of the Strategic Collections and Clearance Governance and 
Strategy Division, U.S. Department of Education, 400 Maryland Ave, SW, 
LBJ, Room 6W208C, Washington, DC 20202-8240.

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: Servicemembers Civil Relief Act (SCRA): 
Interest Rate Limitation Request.
    OMB Control Number: 1845-0135.
    Type of Review: Extension without change of a currently approved 
collection.
    Respondents/Affected Public: Individuals or Households.
    Total Estimated Number of Annual Responses: 200.
    Total Estimated Number of Annual Burden Hours: 67.
    Abstract: The Servicemembers Civil Relief Act (SCRA) provides that 
those on active duty military service are entitled to have an interest 
rate in excess of 6% be capped at 6% for the duration of their 
qualifying military service. The Department is requesting an extension 
of the currently approved information collection. These Federal Family 
Education Loan (FFEL) Program and Direct Loan Program regulations have 
not changed. The regulations require a loan holder to match its 
database against the Department of Defense's Defense Manpower Data

[[Page 43532]]

Center (DMDC) and automatically apply the interest rate limitation, as 
appropriate, to borrowers under the Servicemembers Civil Relief Act. 
The form in this collection would only be used in limited cases where 
the borrower is not found in the Defense Manpower Data Center, or does 
not have a copy of military orders, but still wishes to receive 
benefits under the SCRA.

    Dated: August 3, 2021.
Juliana Pearson,
PRA Coordinator, Strategic Collections and Clearance, Governance and 
Strategy Division, Office of Chief Data Officer, Office of Planning, 
Evaluation and Policy Development.
[FR Doc. 2021-16890 Filed 8-6-21; 8:45 am]
BILLING CODE 4000-01-P


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Indexed from Federal Register on August 9, 2021.

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