Notice2022-26470
Agency Information Collection Activities; Submission to the Office of Management and Budget for Review and Approval; Comment Request; Lender's Request for Payment of Interest and Special Allowance-LaRS
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
December 6, 2022
Issuing agencies
Education Department
Abstract
In accordance with the Paperwork Reduction Act (PRA) of 1995, the Department is proposing an extension without change of a currently approved information collection request (ICR).
Full Text
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<title>Federal Register, Volume 87 Issue 233 (Tuesday, December 6, 2022)</title>
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[Federal Register Volume 87, Number 233 (Tuesday, December 6, 2022)]
[Notices]
[Pages 74608-74609]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-26470]
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DEPARTMENT OF EDUCATION
[Docket No.: ED-2022-SCC-0121]
Agency Information Collection Activities; Submission to the
Office of Management and Budget for Review and Approval; Comment
Request; Lender's Request for Payment of Interest and Special
Allowance--LaRS
AGENCY: Federal Student Aid (FSA), Department of Education (ED).
ACTION: Notice.
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SUMMARY: In accordance with the Paperwork Reduction Act (PRA) of 1995,
the Department is proposing an extension without change of a currently
approved information collection request (ICR).
DATES: Interested persons are invited to submit comments on or before
January 5, 2023.
ADDRESSES: Written comments and recommendations for proposed
information collection requests should be submitted within 30 days of
publication of this notice. Click on this link <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a> to access the site. Find this information collection request
(ICR) by selecting ``Department of Education'' under ``Currently Under
Review,'' then check the ``Only Show ICR for Public Comment'' checkbox.
<a href="http://Reginfo.gov">Reginfo.gov</a> provides two links to view documents related to this
information collection request. Information collection forms and
instructions may be found by clicking on the ``View Information
Collection (IC) List'' link. Supporting statements and other supporting
documentation may be found by clicking on the ``View Supporting
Statement and Other Documents'' link.
FOR FURTHER INFORMATION CONTACT: For specific questions related to
collection activities, please contact Beth Grebeldinger, 202-377-4018.
SUPPLEMENTARY INFORMATION: The Department 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: Lender's Request for Payment of Interest and
Special Allowance--LaRS.
OMB Control Number: 1845-0013.
Type of Review: An extension without change of a currently approved
ICR.
Respondents/Affected Public: Private Sector.
Total Estimated Number of Annual Responses: 1,452.
Total Estimated Number of Annual Burden Hours: 3,539.
Abstract: The Department of Education (the Department) is
submitting the Lender's Interest and Special Allowance Request &
Report, ED Form 799 for extension of the current OMB approval. The
information collected on the ED Form 799 is needed to pay interest and
special allowance to holders of Federal Family Education Loans, for
internal financial reporting, budgetary projections, and for audit and
lender reviews by the Department, Servicers, External Auditors and
Government Accountability Office (GAO). The legal authority for
collecting this information is Title IV, Part B of the Higher Education
Act of 1965, as amended by the Higher Education Reconciliation Act of
2005 (``the HERA''), (Pub. L. 109-171). The Department is requesting
the continual approval for regulatory sections 682.304 and 682.414.
[[Page 74609]]
Dated: December 1, 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. 2022-26470 Filed 12-5-22; 8:45 am]
BILLING CODE 4000-01-P
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</html>Indexed from Federal Register on December 6, 2022.
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