Notice2024-28574
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
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, 2024
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 89 Issue 235 (Friday, December 6, 2024)</title>
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[Federal Register Volume 89, Number 235 (Friday, December 6, 2024)]
[Notices]
[Pages 96949-96950]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-28574]
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DEPARTMENT OF EDUCATION
[Docket No.: ED-2024-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 (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 6, 2025.
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, 202-570-8414.
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.
[[Page 96950]]
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
ICR.
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: December 3, 2024.
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. 2024-28574 Filed 12-5-24; 8:45 am]
BILLING CODE 4000-01-P
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</html>Indexed from Federal Register on December 6, 2024.
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