FR Doc E9-26387[Federal Register: November 3, 2009 (Volume 74, Number 211)]
[Notices]               
[Page 56824]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr03no09-42]                          
      
         

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DEPARTMENT OF EDUCATION

 
Submission for OMB Review; Comment Request

AGENCY: Department of Education.

SUMMARY: The Director, Information Collection Clearance Division, 
Regulatory Information Management Services, Office of Management 
invites comments on the submission for OMB review as required by the 
Paperwork Reduction Act of 1995.

DATES: Interested persons are invited to submit comments on or before 
December 3, 2009.

ADDRESSES: Written comments should be addressed to the Office of 
Information and Regulatory Affairs, Attention: Education Desk Officer, 
Office of Management and Budget, 725 17th Street, NW., Room 10222, New 
Executive Office Building, Washington, DC 20503, be faxed to (202) 395-
5806 or send email to oira_submission@omb.eop.gov.

SUPPLEMENTARY INFORMATION: Section 3506 of the Paperwork Reduction Act 
of 1995 (44 U.S.C. Chapter 35) requires that the Office of Management 
and Budget (OMB) provide interested Federal agencies and the public an 
early opportunity to comment on information collection requests. OMB 
may amend or waive the requirement for public consultation to the 
extent that public participation in the approval process would defeat 
the purpose of the information collection, violate State or Federal 
law, or substantially interfere with any agency's ability to perform 
its statutory obligations. The IC Clearance Official, Regulatory 
Information Management Services, Office of Management, publishes that 
notice containing proposed information collection requests prior to 
submission of these requests to OMB. Each proposed information 
collection, grouped by office, contains the following: (1) Type of 
review requested, e.g. new, revision, extension, existing or 
reinstatement; (2) Title; (3) Summary of the collection; (4) 
Description of the need for, and proposed use of, the information; (5) 
Respondents and frequency of collection; and (6) Reporting and/or 
Recordkeeping burden. OMB invites public comment.

    Dated: October 28, 2009.
Angela C. Arrington,
Director, Information Collection Clearance Division, Regulatory 
Information Management Services, Office of Management.

Federal Student Aid

    Type of Review: New.
    Title: Part 601--Institution and Lender Requirements Relating to 
Education Loans.
    Frequency: On Occasion.
    Affected Public: Individuals or households; Not for profit 
institutions; Private Sector, State, Local or Tribal Government.
    Reporting and Recordkeeping Hour Burden:

Responses: 117,162.
Burden Hours: 43,938.

    Abstract: Part 601--Institution and Lender Requirements Relating to 
Education Loans is a new section of the final regulations governing 
private education loans offered at covered institutions by lenders also 
participating in the FFEL program. These final regulations provide for 
new Perkins loan cancellations. These final regulations assure the 
Secretary that the integrity of the program is protected from fraud and 
misuse of program funds and places requirements on institutions and 
lenders to insure that borrowers receive additional disclosures about 
Title IV, HEA program assistance prior to obtaining a private education 
loan.
    Requests for copies of the information collection submission for 
OMB review may be accessed from http://edicsweb.ed.gov, by selecting 
the ``Browse Pending Collections'' link and by clicking on link number 
4048. When you access the information collection, click on ``Download 
Attachments '' to view. Written requests for information should be 
addressed to U.S. Department of Education, 400 Maryland Avenue, SW., 
LBJ, Washington, DC 20202-4537. Requests may also be electronically 
mailed to the Internet address ICDocketMgr@ed.gov or faxed to 202-401-
0920. Please specify the complete title of the information collection 
when making your request.
    Comments regarding burden and/or the collection activity 
requirements should be electronically mailed to ICDocketMgr@ed.gov. 
Individuals who use a telecommunications device for the deaf (TDD) may 
call the Federal Information Relay Service (FIRS) at 1-800-877-8339.

[FR Doc. E9-26387 Filed 11-2-09; 8:45 am]

BILLING CODE 4000-01-P