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###### Department of Education

          - [Docket No. ED-2022-SCC-0067]

# AGENCY:

Federal Student Aid (FSA), Department of Education (ED).

# ACTION:

Notice.

# SUMMARY:

In accordance with the Paperwork Reduction Act of 1995, ED is proposing an extension without change of a currently approved collection.

# DATES:

Interested persons are invited to submit comments on or before July 18, 2022.

# ADDRESSES:

                        To access and review all the documents related to the information collection listed in this notice, please use                         *http://www.regulations.gov*                         by searching the Docket ID number ED-2022-SCC-0067. Comments submitted in response to this notice should be submitted electronically through the Federal eRulemaking Portal at                         *http://www.regulations.gov*                         by selecting the Docket ID number or via postal mail, commercial delivery, or hand delivery. If the                         *regulations.gov*                         site is not available to the public for any reason, ED will temporarily accept comments at                         *ICDocketMgr@ed.gov.*                         Please include the docket ID number and the title of the information collection request when requesting documents or submitting comments.                         *Please note that comments submitted by fax or email and those submitted after the comment period will not be accepted.*                         Written requests for information or comments submitted by postal mail or delivery should be addressed to the PRA Coordinator of the Strategic Collections and Clearance Governance and Strategy Division, U.S. Department of Education, 400 Maryland Ave SW, LBJ, Room 6W208D, Washington, DC 20202-8240.                    

# FOR FURTHER INFORMATION CONTACT:

For specific questions related to collection activities, please contact Beth Grebeldinger, 202-570-8414.

# SUPPLEMENTARY INFORMATION:

                    The Department of Education (ED), in accordance with the Paperwork Reduction Act of 1995 (PRA) (44 U.S.C. 3506(c)(2)(A)), provides the general public and Federal agencies with an opportunity to comment on proposed, revised, and continuing collections of information. This helps the Department assess the impact of its information collection requirements and minimize the public's reporting burden. It also helps the public understand the Department's information collection requirements and provide the requested data in the desired format. ED is soliciting comments on the proposed information collection request (ICR) that is described below. 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                           ( print page 30475)                        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.                

*Title of Collection:*                     Guaranty Agency Financial Report.                

*OMB Control Number:*                     1845-0026.                

*Type of Review:*                     An extension without change of a currently approved collection.                

*Respondents/Affected Public:*                     State, Local, and Tribal Governments; Private Sector.                

*Total Estimated Number of Annual Responses:*                     432.                

*Total Estimated Number of Annual Burden Hours:*                     23,760.                

*Abstract:*                     The Department of Education (ED) is requesting renewal by extension of the information collection 1845-0026 for the Guaranty Agency Financial Report. There has been no change to the underlying statute or regulations.                

The Guaranty Agency Financial Report is used by a guaranty agency to request payments of reinsurance for defaulted student loans; make payments for amounts due ED, for collections on default and lender of last resort loan (default) claims on which reinsurance has been paid and for refunding amounts previously paid for reinsurance claims. The form is also used to determine required reserve levels for agencies; and to collect debt information as required for the “Report on Accounts and Loans Receivable Due from the Public,” SF 220-9 (Schedule 9 Report) as required by the U.S. Department of Treasury.

Dated: May 16, 2022.

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. 2022-10767 Filed 5-18-22; 8:45 am]

BILLING CODE 4000-01-P