Federal Register / Vol. 75, No. 129 / Wednesday, July 7, 2010 / Notices 39003 

students who have traditionally been 

poorly served by the education system 

because of their socioeconomic status, 

race/ethnicity, disability, limited 

English proficiency, and residential or 

school mobility, with a goal of 

generating knowledge to assist 

educators and policymakers in assessing 

and improving the equity of the 

education system. 

The Institute will maintain rigorous 

scientific standards for the technical 

quality of its statistics, research, and 

evaluation activities, ensuring that the 

methods applied are appropriate to the 

questions asked and the results are valid 

and reliable. The work of the Institute 

will include a variety of research and 

statistical methods. The Institute will 

support the development of improved 

research methods; improved measures 

of a broad range of education processes, 

systems, and outcomes; and improved 

analytical approaches for designing and 

conducting education research. Where 

needed, the Institute will develop and 

publish rigorous technical standards for 

these methods. The Institute will ensure 

the quality and objectivity of its work by 

submitting all products to rigorous 

scientific review. In addition to 

supporting new research, the Institute 

will facilitate the synthesis of existing 

and ongoing research to construct 

coherent bodies of scientific knowledge 

about education. The Institute will build 

the capacity of the education research 

community by supporting post-doctoral 

and interdisciplinary doctoral training 

in the education sciences, equipping 

education researchers with the skills to 

conduct rigorous research and 

effectively engage the practitioner 

community in that research, and by 

conducting training in research design 

and methods and in the use of 

longitudinal data. 

Accessible Format: Individuals with 

disabilities can obtain this document in 

an accessible format (e.g., braille, large 

print, audiotape, or computer diskette) 

on request to the contact person listed 

under FOR FURTHER INFORMATION

CONTACT. 

Electronic Access to This Document 

You can view this document, as well 

as all other documents of this 

Department published in the Federal 

Register, in text or Adobe Portable 

Document Format (PDF) on the Internet 

at the following site: http://www.ed.gov/ 

news/fedregister. To use PDF you must 

have Adobe Acrobat Reader, which is 

available free at this site. 

You may also view this document in 

text (Word and PDF) at the following 

site: http://ies.ed.gov/whatsnew/. 

Note: The official version of this document 

is the document published in the Federal 

Register. Free Internet access to the official 

edition of the Federal Register and the Code 

of Federal Regulations is available on GPO 

Access at: http://www.gpoaccess.gov/nara/ 

index.html. 

(Catalog of Federal Domestic Assistance 

number does not apply.) 

Program Authority: 20 U.S.C. 9501 et seq. 

Dated: July 1, 2010. 

John Q. Easton, 

Director, Institute of Education Sciences. 

[FR Doc. 2010–16527 Filed 7–6–10; 8:45 am] 

BILLING CODE 4000–01–P 

DEPARTMENT OF EDUCATION 

[Docket ID ED–2010–OPE–0007] 

SAFRA Act Payments to Loan 

Servicers for Job Retention 

ACTION: Interim final requirements; 

request for comments. 

SUMMARY: The U.S. Secretary of 

Education (Secretary) establishes 

requirements to implement section 

458(a)(7) of the Higher Education Act of 

1965, as amended (HEA), as added by 

section 2212(b)(1) of the SAFRA Act, 

title II of the Health Care and Education 

Reconciliation Act of 2010 (SAFRA). 

Under this provision of the law, the 

Secretary provides payments to student 

loan servicers in Federal fiscal year (FY) 

2010 and FY 2011 for retaining jobs at 

locations in the United States where 

such servicers were operating under 

title IV, part B of the HEA (the Federal 

Family Education Loan Program) on 

January 1, 2010. 

As discussed in more detail elsewhere 

in these interim final requirements, the 

Department adopts these requirements 

for FY 2010 on an interim final basis. 

We also request public comment on 

these requirements. After consideration 

of these comments, the Secretary will 

publish final requirements that will 

govern the program for FY 2011. 

DATES: These requirements are effective 

July 7, 2010. We must receive your 

comments by August 6, 2010. 

ADDRESSES: Submit your comments 

through the Federal eRulemaking Portal 

or via postal mail, commercial delivery, 

or hand delivery. We will not accept 

comments by fax or by e-mail. Please 

submit your comments only one time, in 

order to ensure that we do not receive 

duplicate copies. In addition, please 

include the Docket ID at the top of your 

comments. 

• Federal eRulemaking Portal: Go to 

http://www.regulations.gov to submit 

your comments electronically. 

Information on using Regulations.gov, 

including instructions for accessing 

agency documents, submitting 

comments, and viewing the docket, is 

available on the site under ‘‘How To Use 

This Site.’’ 

• Postal Mail, Commercial Delivery, 

or Hand Delivery: If you mail or deliver 

your comments about these interim final 

requirements, address them to Donald 

Conner, 1990 K Street, NW., Room 8030, 

Washington, DC 20006. 

Privacy Note: The Department’s policy for 

comments received from members of the 

public (including those comments submitted 

by mail, commercial delivery, or hand 

delivery) is to make these submissions 

available for public viewing in their entirety 

on the Federal eRulemaking Portal at 

http://www.regulations.gov. Therefore, 

commenters should be careful to include in 

their comments only information that they 

wish to make publicly available on the 

Internet. 

FOR FURTHER INFORMATION CONTACT: 

Donald Conner, Telephone: 202–502– 

7818 or by e-mail: 

Donald.conner@ed.gov. 

If you use a telecommunications 

device for the deaf (TDD), call the 

Federal Relay Service (FRS), toll free, at 

1–800–877–8339. 

Individuals with disabilities can 

obtain this document in an accessible 

format (e.g., braille, large print, 

audiotape, or computer diskette) on 

request to the contact person listed 

under FOR FURTHER INFORMATION

CONTACT. 

SUPPLEMENTARY INFORMATION: 

Invitation To Comment 

We invite you to submit comments 

regarding these interim final 

requirements. To ensure that your 

comments have maximum effect in 

developing the requirements for FY 

2011 for this program, we urge you to 

identify clearly the specific section or 

sections of the interim final 

requirements that each of your 

comments addresses and to arrange your 

comments in the same order as in the 

interim final requirements. 

We invite you to assist us in 

complying with the specific 

requirements of Executive Order 12866 

and its overall requirement of reducing 

regulatory burden that might result from 

these interim final requirements. Please 

let us know of any further opportunities 

we should take to reduce potential costs 

or increase potential benefits while 

preserving the effective and efficient 

administration of the program. 

During and after the comment period, 

you may inspect all public comments 

about these interim final requirements 

by accessing Regulations.gov. You may 


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39004 Federal Register / Vol. 75, No. 129 / Wednesday, July 7, 2010 / Notices 

also inspect the comments, in person, in 

room 8031, 1990 K Street, NW., 

Washington, DC, between the hours of 

8:30 a.m. and 4 p.m., Washington, DC 

time, Monday through Friday of each 

week except Federal holidays. 

Assistance to Individuals With 

Disabilities in Reviewing the 

Rulemaking Record: On request, we will 

provide an appropriate accommodation 

or auxiliary aid to an individual with a 

disability who needs assistance to 

review the comments or other 

documents in the public rulemaking 

record for these interim final 

requirements. If you want to schedule 

an appointment for this type of 

accommodation or auxiliary aid, please 

contact the person listed under FOR

FURTHER INFORMATION CONTACT. 

Background 

On March 30, 2010, the President 

signed into law the Health Care and 

Education Reconciliation Act of 2010, 

Public Law 111–152, title II of which is 

the SAFRA Act. SAFRA made a number 

of changes to the Federal student 

financial aid programs under title IV of 

the HEA. One of the most significant 

changes made by SAFRA is to end new 

loans under the Federal Family 

Education Loan (FFEL) Program 

authorized by title IV, part B of the HEA 

as of July 1, 2010. Beginning July 1, 

2010, borrowers will receive any 

Stafford, PLUS, and Consolidation loans 

made under the William D. Ford Federal 

Direct Loan Program. In connection 

with the termination of the FFEL 

Program, SAFRA amended the HEA to 

require the Secretary to provide 

payments to loan servicers for retaining 

jobs at locations in the United States 

where such servicers were operating 

under the FFEL Program on January 1, 

2010. SAFRA authorized and 

appropriated $25,000,000 for each of FY 

2010 and FY 2011 for the Department to 

make these payments. 

For FY 2010, the Secretary will 

allocate funds directly to loan servicers 

actively engaged in servicing FFEL 

loans in the United States as of January 

1, 2010. Eligible entities may apply for 

funding in accordance with the 

procedures included in these interim 

final requirements, for each location at 

which it operated on January 1, 2010. 

The Secretary will allocate the 

payments among eligible applicants 

based on the servicer’s relative 

annualized payroll of employees 

engaged in FFEL loan origination 

activities at each location in the United 

States where it was servicing loans as of 

January 1, 2010, weighted by the local 

unemployment rate of the county or 

county equivalent in which the facility 

is located. 

For FY 2011 the Secretary will use, 

subject to consideration of public 

comments received on these interim 

final requirements, the same approach 

as that for FY 2010 but will also take 

into account the status of the servicer’s 

job retention efforts since the enactment 

of SAFRA. 

Note: To ensure consideration of an 

application for funding under this program, 

a complete, signed application and all 

required information must be received by the 

Department on or before August 6, 2010. 

Instructions for completing and submitting 

the application are in the application 

package, which can be obtained by 

contacting Donald Conner, 202–502–7818, or 

by e-mail: Donald.conner@ed.gov; or by 

going to http://www.ed.gov/programs/safra/ 

index.html. 

Waiver of Rulemaking and Delayed 

Effective Date 

Under the Administrative Procedure 

Act (APA) (5 U.S.C. 553), the 

Department is generally required to 

publish a notice of proposed rulemaking 

and provide the public with an 

opportunity to comment on proposed 

regulations prior to establishing a final 

rule. However, we are waiving the 

notice-and-comment rulemaking 

requirements under the APA. Section 

553(b) of the APA provides that an 

agency is not required to conduct 

notice-and-comment rulemaking when 

the agency for good cause finds that 

notice and public procedure thereon are 

impracticable, unnecessary, or contrary 

to the public interest. Although these 

requirements are subject to the APA’s 

notice-and-comment requirements, the 

Secretary has determined that it would 

be impracticable and contrary to the 

public interest to conduct notice-andcomment rulemaking. 

These interim final requirements are 

needed to ensure timely allocation of 

funds to loan servicers to meet the 

intent of the law. The Secretary is 

required to award these funds by 

September 30, 2010. Even on an 

extremely expedited timeline, the 

Department believes that it would be 

impracticable for it to conduct noticeand-comment rulemaking and to 

promulgate final requirements in time 

for FY 2010 funds to be distributed in 

accordance with section 458(a)(7) of the 

HEA by that deadline. More specifically, 

the Department will need to provide 

potential applicants with 30 days to 

submit their applications, and the 

Department’s review of the applications 

will take approximately 20 days. Upon 

conclusion of that review and the initial 

selection of applicants for funding, the 

selected applicants will require 15 days 

to submit their revised plans, and the 

Department will then need 15 days to 

prepare its final funding list and make 

awards by September 30, 2010. It simply 

would not be possible for the 

Department to solicit and respond to 

public comments, establish final 

requirements, and then conduct the 

competition for funding in the short 

amount of time remaining before 

September 30, 2010. 

Accordingly, the Secretary is issuing 

these interim final requirements without 

first publishing proposed requirements 

for public comment. 

Although the Department is adopting 

these requirements on an interim final 

basis, the Department requests public 

comment on these requirements so that 

any modifications, if necessary, can be 

made for implementation of the program 

in FY 2011. After consideration of 

public comments, the Secretary will 

publish final requirements. 

The APA also requires that a 

substantive rule be published at least 30 

days before its effective date, except as 

otherwise provided for good cause (5 

U.S.C. 553(d)(3)). For the reasons 

outlined in the preceding paragraphs, 

the Secretary has determined that a 

delayed effective date for these interim 

final requirements would be 

unnecessary and contrary to the public 

interest, and that good cause exists to 

waive the requirement for a delayed 

effective date. As such, these 

requirements are effective on the date 

they are published. 

Summary of the Interim Final 

Requirements 

These interim final requirements 

include the following provisions, which 

we have determined are necessary to 

implement section 458(a)(7) of the HEA: 

• Application process and eligibility 

requirements. This notice describes the 

application process requirements for 

eligible entities to receive funds for FY 

2010 and FY 2011. Applicants need not 

be recipients of FY 2010 funds to be 

eligible to apply for FY 2011 funds. 

• Definitions. This notice establishes 

definitions for key terms used for this 

program, including adjusted eligible 

payroll, domestic employees, eligible 

employees, eligible entity, eligible 

payroll, local unemployment rate, 

review period, servicing FFEL loans, and 

total payroll. 

• Allowable Use of Funds. This notice 

describes the types of activities for 

which grantees can use funds awarded 

under this program. 

• Content of application 

requirements. This notice describes the 

information, including a job retention 


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plan, that eligible entities must include 

in their applications. 

• Reporting requirements and 

required deadlines. This notice 

describes the annual reporting 

requirements on the use of funds and 

the deadlines for the reports. 

• Funding allocation formulas for FY 

2010 and FY 2011. This notice describes 

the allocation formula to be used for the 

distribution of funds for both FY 2010 

and FY 2011; however, the requirements 

for FY 2011 may be amended in 

response to the request for public 

comments in this notice. 

Interim Final Requirements 

Process 

Any entity submitting an application 

for a payment under section 458(a)(7) of 

the HEA must be an eligible entity (as 

defined in this notice). Applicants that 

submit an application, including a plan 

to use FY 2010 funds that meets the 

requirements set forth in this notice, 

and that have an eligible payroll, will be 

notified by the Department of the actual 

amount of funds they will receive for FY 

2010. After receiving this notification, 

but before the Department disburses 

funds to the applicant, the applicant 

must submit to the Secretary an updated 

plan that describes how the applicant 

will use the funds to preserve jobs; this 

updated plan must be based on the 

actual amount of funding the applicant 

will receive. 

Applicants need not be recipients of 

FY 2010 funds to be eligible to apply for 

FY 2011 funds. 

Only eligible entities submitting 

complete applications by the 

application deadline will be considered 

for funding. Any funds received and not 

used in accordance with the Allowable 

Use of Funds requirement established in 

this notice must be returned to the 

Secretary. 

Definitions: For purposes of this 

program, we are establishing the 

following definitions: 

Adjusted Eligible Payroll: For each 

location, the adjusted eligible payroll is 

the payroll amount determined by 

applying the unemployment adjustment 

formula (described in these 

requirements) to the eligible payroll for 

that location. 

Domestic Employees: The eligible 

entity’s employees, but not contractors, 

working for a location in a State as 

defined by section 103(20) of the HEA. 

Eligible Employees: The eligible 

entity’s domestic employees, employed 

by the eligible entity as of March 31, 

2010, who spent more than 50 percent 

of their time during the review period 

working for one of the eligible entity’s 

locations to market, evaluate, authorize, 

or recommend approval of FFEL 

Program loans. 

Eligible Entity: Any company or 

organization that was engaged in 

servicing FFEL loans on January 1, 

2010, and that submits a complete 

application by the deadline established 

by the Secretary. 

Eligible Payroll: The total annual 

contribution and benefit base, as 

defined by 42 U.S.C. 430, for all eligible 

employees at each location. 

Local Unemployment Rate: The 

unemployment rate of the county or 

county equivalent in which a facility is 

located for the 12-month period ending 

on March 31, 2010. For purposes of this 

definition, the Secretary will use current 

local area unemployment statistics for 

counties and county equivalents 

compiled by the U.S. Bureau of Labor 

Statistics, rounded to the nearest onetenth of one percent: http:// 

www.bls.gov/lau. 

Review Period: For the purposes of 

determining total payroll for FY 2010 

funds, the one-year period ending on 

March 31, 2010, the date of enactment 

of the SAFRA Act, used to calculate the 

number of eligible employees. For the 

purposes of determining total payroll for 

FY 2011 funds, the one-year period 

ending on March 31, 2011. 

Servicing FFEL Loans: Providing 

collection, origination, deferment 

processing, and borrower contact 

services to a lender in connection with 

FFEL Loans. 

Total Payroll: The total annual 

contribution and benefit base as defined 

by 42 U.S.C. 430, for all domestic 

employees at each location during the 

review period. 

Requirements 

Allowable Use of Funds: Eligible 

entities must use funds awarded under 

this program for either or both of the 

following: 

(a) Job training and related services to 

permit current employees, whose 

employment status has been negatively 

affected by SAFRA, to maintain 

employment with the eligible entity. 

(b) Job training and related services 

that lead laid-off eligible employees to 

a position at another entity. 

Content of Application: Eligible 

entities that apply to the Secretary for 

funding under this program must 

include, as part of their application, a 

job retention plan. That job retention 

plan must include, for each location for 

which the applicant is requesting funds: 

(a) A viable business plan describing 

how the applicant plans to continue the 

employment of employees who might 

otherwise lose their jobs due to the 

termination of new originations in the 

FFEL Program; 

(b) The address of each facility in 

each location for which the applicant is 

requesting payment; 

(c) For each location, the number of 

total employees and total payroll and 

the number of eligible employees and 

eligible payroll; and 

(d) A budget and timeline outlining 

how the applicant will use the funds in 

accordance with this program’s 

Allowable Use of Funds requirement 

(described in this notice). 

Reporting Requirements: Each 

recipient of funds under this program 

must submit a report to the Secretary for 

each year funds are received. 

Content of Report. The report must 

include— 

(a) An accounting of how all funds 

were used at each location; 

(b) A description of all activities 

funded at each location; and 

(c) A description and analysis of the 

effect of the use of those funds on job 

retention of eligible employees. 

Deadlines. Eligible entities that 

receive FY 2010 funds under this 

program, but that will not apply for FY 

2011 funds, must submit the report to 

the Secretary no later than one year 

from the receipt of funds for FY 2010. 

Eligible entities that receive funds for 

FY 2010 and that will apply for FY 2011 

funds under this program must submit 

the required report prior to the 

application deadline for FY 2011 

funding. 

Eligible entities that receive funds 

under this program for FY 2011 must 

submit a report regarding those funds to 

the Secretary no later than one year 

from the date of receipt of FY 2011 

funds. 

Funding Allocation Formula—FY 2010 

General. To determine the amount of 

funding to be disbursed to eligible 

entities under this program, the 

Secretary will calculate the adjusted 

eligible payroll for each location of each 

eligible entity as a proportion of the 

total adjusted eligible payroll for all 

locations across all eligible entities. The 

Secretary will then distribute the $25 

million available based on those 

proportions. 

Calculating Adjusted Eligible Payroll. 

For each location of an eligible entity, 

the Secretary will adjust the location’s 

eligible payroll by applying a formula 

that takes into consideration the local 

unemployment rate for the location. 

Unemployment Adjustment Formula. 

The Secretary will apply a sliding scale 

formula based on the difference (D) 

between the Local Unemployment Rate 

(L) for each location and the national 


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historical unemployment rate for 1948– 

2009 (N), which is used to compute an 

adjustment multiplier (M). 

N = 5.8 

D = L–N 

If D < 2, then M = 1 

If D >= 2, then M = D/2 

Adjusted eligible payroll for each 

location is calculated by multiplying the 

location’s eligible payroll by the 

adjustment multiplier (M). 

The following chart contains six 

examples of the application of the 

unemployment adjustment formula: 

Difference (D) Multiplier (M) 

¥1 ................................ 1 

1.3 ................................. 1 

2.7 ................................. 1 .35 

3.5 ................................. 1 .75 

5.8 ................................. 2 .9 

9 .................................... 4 .5 

Funding Allocation Formula—FY 2011 

For FY 2011, funds will be distributed 

according to the Funding Allocation 

Formula—FY 2010, except that the 

Secretary will also consider the facility’s 

job retention performance. Specifically, 

to determine the facility’s job retention 

performance, the Secretary will adjust 

each eligible entity’s eligible payroll for 

FY 2011 to take into account any 

decrease in total payroll for each of the 

eligible entity’s domestic U.S. locations 

on a dollar-for-dollar basis. The 

Secretary will adjust an entity’s eligible 

payroll only when there is a decrease in 

total payroll; no adjustments will 

otherwise be made. 

Example: At one location, an entity’s 

eligible payroll before being adjusted for 

unemployment was $15,000,000 and the total 

payroll for the applicant at the same time was 

$100,000,000. If by the time the entity 

applies for FY 2011 funds, its total payroll at 

that location decreases by $5,000,000 to 

$95,000,000, then its eligible payroll at that 

one location, before being adjusted for 

unemployment, decreases by $5,000,000 to 

$10,000,000. After these new eligible payroll 

amounts are determined and then adjusted 

for unemployment for all of the eligible 

entity’s locations, proportions will be 

determined and the $25,000,000 for 2011 will 

be divided among eligible entities’ locations 

accordingly. 

Executive Order 12866 

Under Executive Order 12866, the 

Secretary must determine whether a 

regulatory action is ‘‘significant’’ and 

therefore subject to the requirements of 

the Executive order and subject to 

review by the Office of Management and 

Budget (OMB). Section 3(f) of Executive 

Order 12866 defines a ‘‘significant 

regulatory action’’ as an action likely to 

result in a rule that may (1) have an 

annual effect on the economy of $100 

million or more, or adversely affect a 

sector of the economy, productivity, 

competition, jobs, the environment, 

public health or safety, or State, local or 

Tribal governments or communities in a 

material way (also referred to as an 

‘‘economically significant’’ rule); (2) 

create serious inconsistency or 

otherwise interfere with an action taken 

or planned by another agency; (3) 

materially alter the budgetary impacts of 

entitlement grants, user fees, or local 

programs or the rights and obligations of 

recipients thereof; or (4) raise novel 

legal or policy issues arising out of legal 

mandates, the President’s priorities, or 

the principles set forth in the Executive 

order. The Secretary has determined 

that this regulatory action is not 

significant under section 3(f) of the 

Executive order. 

Potential Costs and Benefits 

Under Executive Order 12866, we 

have assessed the potential costs and 

benefits of this regulatory action and 

have determined that this rule will not 

impose additional costs to State 

applicants, grantees, or the Federal 

government. The Department is issuing 

these requirements to implement a new 

legislative provision resulting from the 

enactment of the SAFRA Act. 

Additionally, the Department has 

determined that this regulatory action 

does not unduly interfere with State, 

local, and Tribal governments in the 

exercise of their governmental 

functions. 

Regulatory Flexibility Act Certification 

The Secretary certifies that these 

interim final requirements will not have 

a significant economic impact on a 

substantial number of small entities. 

The U.S. Small Business Administration 

Size Standards define for-profit 

servicers as ‘‘small businesses’’ if they 

are independently owned and operated 

and not dominant in their field of 

operation with total annual revenue 

below $7,000,000. Other servicers 

would be considered small if they are a 

nonprofit servicer independently owned 

and operated and not dominant in their 

field of operation, or if they are 

institutions controlled by governmental 

entities with populations below 50,000. 

The Department estimates that 

approximately thirty-seven servicers 

will apply. Of this group, approximately 

fifteen are expected to be for-profit 

servicers, none of which are expected to 

fall below the $7,000,000 revenue 

threshold for small business status. 

Approximately twenty-two non-profit or 

public servicers could apply. Even if we 

assume all servicers are considered to be 

small entities, the rule does not impose 

significant costs. 

The Secretary makes this certification 

because the rule offers servicers the 

opportunity to apply for payments for 

job retention, but does not mandate 

participation or impose cost-matching 

requirements. Even if all thirty-seven 

servicers expected to apply are assumed 

to be small entities, the estimated cost 

to apply for funds, update their job 

retention plans, and submit the required 

reports is approximately $723 per 

institution. An hourly rate of $21.60 was 

used to monetize the burden of these 

provisions. This was a blended rate 

based on wages of $18.82 for office staff 

and $37.37 for managers, assuming that 

office staff would perform 85 percent of 

the work affected by these regulations. 

The Secretary invites comments from 

small institutions and other affected 

entities as to whether they believe the 

proposed changes would have a 

significant economic impact on them 

and, if so, requests evidence to support 

that belief. 

Paperwork Reduction Act of 1995 

The interim final requirements 

contain information collection 

requirements. Under the Paperwork 

Reduction Act of 1995 (44 U.S.C. 

3507(d)), the Department of Education 

has submitted a copy of these 

requirements to the Office of 

Management and Budget (OMB) for its 

review. 

Collection of Information: SAFRA Act 

Payments to Loan Servicers for Job 

Retention. 

I. Application and Initial Plan 

Any entity submitting an application 

for a payment under section 458(a)(7) of 

the HEA must be an eligible entity (as 

defined in this notice). Applicants that 

submit an application, including a plan 

to use FY 2010 funds that meets the 

requirements set forth in this notice, 

and that have an eligible payroll, will be 

notified by the Department of the actual 

amount of funds they will receive for FY 

2010. We estimate that 37 servicers 

would submit an application, including 

a plan describing how they would use 

FY 2010 funds in accordance with the 

requirements in this notice. We estimate 

that each application would take an 

applicant 1 hour to complete, totaling 

37 hours of new burden that would be 

included for approval under OMB 

Control Number 1840–0815. We 

estimate that development of each plan 

would take, on average, 14 hours for a 

total of 518 hours of new burden that 

would be included for approval under 

OMB Control Number 1840–0815. 

Collectively, the total estimated burden 


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for servicers to complete an application 

for these job retention funds, including 

developing their initial plans describing 

how the applicants would use funds, 

would be 555 hours of new burden 

under OMB Control Number 1840–0815. 

II. Updated Plan 

After the Department notifies the 

applicant, but before the Department 

disburses funds to the applicant, the 

applicant must submit to the Secretary 

an updated plan that describes how the 

applicant will use the funds to preserve 

jobs; this updated plan must be based 

on the actual amount of funding the 

applicant will receive, as indicated in 

the notification provided by the 

Department. We estimate that each of 

the projected 37 applicants would take 

an additional 7 hours to update their 

plans for final submission to the 

Secretary for a total of 259 hours of new 

burden under OMB Control Number 

1840–0815. 

III. Reporting 

Each recipient of funds under this 

program must submit a report to the 

Secretary for each year funds are 

received. We expect that all 37 

estimated applicants would ultimately 

receive funds under this program. 

Each recipient’s report must include 

an accounting of how all funds were 

used at each location; a description of 

all activities funded at each location; 

and a description and analysis of the 

effect of the use of those funds on job 

retention of eligible employees. We 

estimate that each of the projected 37 

recipients of these job retention funds 

would take, on average, 25 hours to 

collect the required information and 

report it to the Secretary, for a total of 

925 hours of new burden under OMB 

Control Number 1840–0815. 

COLLECTION OF INFORMATION

Regulatory section Information 

collection Collection 

I. Application ................................. Qualified student loan servicers 

can complete an application and 

an initial job retention plan to obtain funding consistent with the 

requirements of this notice.

OMB 1840–0815. This is a new collection for which the Office of Management and Budget has provided emergency approval. The Department will also conduct a regular clearance in order to award FY 

2011 funds and will publish a separate 60-day FEDERAL REGISTER

notice seeking public comment. The burden would increase by 555 

hours. 

II. Updated plan ............................ Qualified student loan servicers 

who are selected to participate in 

this program must, prior to receiving their funding, update and 

submit their plan once the 

amount awarded is known to the 

recipient.

OMB 1840–0815. This is a new collection for which the Office of Management and Budget has provided emergency approval. The Department will also conduct a regular clearance in order to award FY 

2011 funds and will publish a separate 60-day FEDERAL REGISTER

notice seeking public comment. The burden would increase by 259 

hours. 

III. Reporting ................................. Annually, each recipient entity 

must report consistent with the 

requirements in this notice by 

the deadline established by the 

Secretary.

OMB 1840–0815. This is a new collection for which the Office of Management and Budget has provided emergency approval. The Department will also conduct a regular clearance in order to award FY 

2011 funds and will publish a separate 60-day FEDERAL REGISTER

notice seeking public comment. The burden would increase by 925 

hours. 

Intergovernmental Review 

This program is not subject to 

Executive Order 12372 and the 

regulations in 34 CFR 79. 

Electronic Access to This Document 

You may view this document, as well 

as all other documents of this 

Department published in the Federal 

Register, in text or Adobe Portable 

Document Format (PDF) on the Internet 

at the following site: http://www.ed.gov/ 

news/fedregister. To use PDF, you must 

have Adobe Acrobat Reader, which is 

available free at this site. 

Note: The official version of this document 

is the document published in the Federal 

Register. Free Internet access to the official 

edition of the Federal Register and the Code 

of Federal Regulations is available on GPO 

Access at: http://www.gpoaccess.gov/nara/ 

index.html. 

Delegation of Authority: The Secretary 

of Education has delegated authority to 

Daniel T. Madzelan, Director, 

Forecasting and Policy Analysis for the 

Office of Postsecondary Education, to 

perform the functions and duties of the 

Assistant Secretary for Postsecondary 

Education. 

Dated: June 30, 2010. 

Daniel T. Madzelan, 

Director, Forecasting and Policy Analysis. 

[FR Doc. 2010–16372 Filed 7–6–10; 8:45 am] 

BILLING CODE 4000–01–P 

DEPARTMENT OF ENERGY 

Environmental Management SiteSpecific Advisory Board, Savannah 

River Site 

AGENCY: Department of Energy. 

ACTION: Notice of Open Meeting. 

SUMMARY: This notice announces a 

meeting of the Environmental 

Management Site-Specific Advisory 

Board (EM SSAB), Savannah River Site. 

The Federal Advisory Committee Act 

(Pub. L. 92–463, 86 Stat. 770) requires 

that public notice of this meeting be 

announced in the Federal Register. 

DATES:

Monday, July 26, 2010 1 p.m.–5 p.m. 

Tuesday, July 27, 2010 8:30 a.m.– 

4:30 p.m. 

ADDRESSES: The North Augusta 

Municipal Center, 100 Georgia Avenue, 

North Augusta, SC 29861. 

FOR FURTHER INFORMATION CONTACT: 

Gerri Flemming, Office of External 

Affairs, Department of Energy, 

Savannah River Operations Office, P.O. 

Box A, Aiken, SC 29802; Phone: (803) 

952–7886. 

SUPPLEMENTARY INFORMATION: 

Purpose of the Board: The purpose of 

the Board is to make recommendations 

to DOE–EM and site management in the 

areas of environmental restoration, 

waste management, and related 

activities. 

Tentative Agenda 

Monday, July 26, 2010 

1 p.m. Combined Committee Session 

5 p.m. Adjourn 


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