Publication Date: January 9, 2009

Posted Date: January 9, 2009

Subject: Documents Associated with the Notice of Terms and Conditions of Purchase of Loans under the Ensuring Continued Access to Student Loans Act of 2008

FR Type: Notice

[Federal Register: January 9, 2009 (Volume 74, Number 6)]
[Notices]               
[Page 893-894]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr09ja09-29]                         

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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 
February 9, 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 or faxed to (202) 395-
6974.

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) provides 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: January 5, 2009.
Angela C. Arrington,IC Clearance Official, Regulatory Information Management Services, 
Office of Management.

Federal Student Aid

    Type of Review: Revision.
    Title: Documents Associated with the Notice of Terms and Conditions 
of Purchase of Loans under the Ensuring Continued Access to Student 
Loans Act of 2008.
    Frequency: On Occasion.
    Affected Public: Businesses or other for-profit; not-for-profit 
institutions.
    Reporting and Recordkeeping Hour Burden:

Responses: 15,195.
Burden Hours: 26,980.
    Abstract: As one of several measures intended to address concerns 
about the availability of loans under the Federal Family Education Loan 
(FFEL) Program during the 2008-2009 academic year, the Ensuring 
Continued Access to Student Loans Act of 2008 (ECASLA), and the 
Extension of Student Loan Purchase Authority which extended the program 
through the 2009-2010 academic year, provides the Department of 
Education (the Department) with temporary authority to purchase student 
loans from FFEL Program lenders. The documents included in this 
collection set forth the terms and conditions of the loan purchase 
program authorized by ECASLA and its extension, and collect the 
information from lenders that is required by the Department to 
administer the program.
    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 
3878. 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,

[[Page 894]]

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. E9-132 Filed 1-8-09; 8:45 am]

BILLING CODE 4000-01-P

Attachments/Enclosures:

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