Notice2022-15960
Agency Information Collection Activities; Submission to the Office of Management and Budget for Review and Approval; 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
July 26, 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
<html>
<head>
<title>Federal Register, Volume 87 Issue 142 (Tuesday, July 26, 2022)</title>
</head>
<body><pre>
[Federal Register Volume 87, Number 142 (Tuesday, July 26, 2022)]
[Notices]
[Pages 44372-44373]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-15960]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF EDUCATION
[Docket No.: ED-2022-SCC-0067]
Agency Information Collection Activities; Submission to the
Office of Management and Budget for Review and Approval; Comment
Request; Guaranty Agency Financial Report
AGENCY: Federal Student Aid (FSA), Department of Education (ED).
ACTION: Notice.
-----------------------------------------------------------------------
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
August 25, 2022.
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
[[Page 44373]]
``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#e4ada7a08b878f8190898396a48180ca838b92"><span class="__cf_email__" data-cfemail="541d17103b373f31203933261431307a333b22">[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: 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: July 21, 2022.
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. 2022-15960 Filed 7-25-22; 8:45 am]
BILLING CODE 4000-01-P
</pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body>
</html>Indexed from Federal Register on July 26, 2022.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.