Notice2022-10767
Agency Information Collection Activities; Comment Request; Guaranty Agency Financial Report
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
May 19, 2022
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 87 Issue 97 (Thursday, May 19, 2022)</title>
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[Federal Register Volume 87, Number 97 (Thursday, May 19, 2022)]
[Notices]
[Pages 30474-30475]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-10767]
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DEPARTMENT OF EDUCATION
[Docket No. ED-2022-SCC-0067]
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 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
July 18, 2022.
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-2022-SCC-0067.
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="d49d9790bbb7bfb1a099b3a694b1b0fab3bba2">[email 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 6W208D, Washington, DC 20202-8240.
FOR FURTHER INFORMATION CONTACT: For specific questions related to
collection activities, please contact Beth Grebeldinger, 202-570-8414.
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
[[Page 30475]]
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: An extension without change of a currently approved
collection.
Respondents/Affected Public: State, Local, and Tribal Governments;
Private Sector.
Total Estimated Number of Annual Responses: 432.
Total Estimated Number of Annual Burden Hours: 23,760.
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 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.
Dated: May 16, 2022.
Kun Mullan,
PRA Coordinator, Strategic Collections and Clearance, Governance and
Strategy Division, Office of Chief Data Officer, Office of Planning,
Evaluation and Policy Development.
[FR Doc. 2022-10767 Filed 5-18-22; 8:45 am]
BILLING CODE 4000-01-P
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