Federal Student Aid - IFAP
   
Publication Date: December 2002
FRPart:
RegPartsAffected:

Page Numbers: 79578

Federal Perkins Loan Program Master Promissory Note

Posted on 12-30-2002


[Federal Register: December 30, 2002 (Volume 67, Number 250)]
[Notices]              
[Page 79578]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr30de02-50]                        

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DEPARTMENT OF EDUCATION

Notice of Proposed Information Collection Requests

AGENCY: Department of Education.


SUMMARY: The Leader, Regulatory Management Group, Office of the Chief
Information Officer, invites comments on the proposed information
collection requests as required by the Paperwork Reduction Act of 1995.


DATES: Interested persons are invited to submit comments on or before
February 28, 2003.


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 Leader, Regulatory Management Group,
Office of the Chief Information Officer, 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.
    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.


    Dated: December 23, 2002.
John D. Tressler,
Leader, Regulatory Management Group, Office of the Chief Information
Officer.


Federal Student Aid


    Type of Review: New.
    Title: Federal Perkins Loan Program Master Promissory Note.

    Frequency: On Occasion; Annually.
    Affected Public: Individuals or household; Businesses or other
for-profit; Not-for-profit institutions.
    Reporting and Recordkeeping Hour Burden:
    Responses: 690,000. Burden Hours: 345,000.
    Abstract: The promissory note is the means by which a Federal
Perkins Loan borrower promises to repay his or her loan.
    Written requests for information should be addressed to Vivian
Reese, Department of Education, 400 Maryland Avenue, SW., Room 4050,
Regional Office Building 3, Washington, DC 20202-4651 or to the e-
mail address
vivian_reese@ed.gov. Requests may also be faxed to
202-708-9346. Please specify the complete title of the information
collection when making your request.
    Comments regarding burden and/or the collection activity
requirements should be directed to Joseph Schubart at his e-mail
address
Joe.Schubart@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
.

Attachments/Enclosures:

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