Notice2021-22654
Agency Information Collection Activities; Submission to the Office of Management and Budget for Review and Approval; Comment Request; Servicemembers Civil Relief Act (SCRA): Interest Rate Limitation Request
Primary source
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Published
October 18, 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 198 (Monday, October 18, 2021)</title>
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[Federal Register Volume 86, Number 198 (Monday, October 18, 2021)]
[Notices]
[Page 57659]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-22654]
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DEPARTMENT OF EDUCATION
[Docket No.: ED-2021-SCC-0120]
Agency Information Collection Activities; Submission to the
Office of Management and Budget for Review and Approval; 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
November 17, 2021.
ADDRESSES: Written comments and recommendations for proposed
information collection requests should be sent within 30 days of
publication of this notice to <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>. Find
this information collection request by selecting ``Department of
Education'' under ``Currently Under Review,'' then check ``Only Show
ICR for Public Comment'' checkbox. Comments may also be sent to
<a href="/cdn-cgi/l/email-protection#165f555279757d73627b716456737238717960"><span class="__cf_email__" data-cfemail="317872755e525a54455c56437154551f565e47">[email protected]</span></a>.
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: An extension without change of a currently approved
collection.
Respondents/Affected Public: Individuals and 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
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: October 13, 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. 2021-22654 Filed 10-15-21; 8:45 am]
BILLING CODE 4000-01-P
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