81 FR 56615 - Agency Information Collection Activities; Submission to the Office of Management and Budget for Review and Approval; Comment Request; Guaranty Agency Financial Report

DEPARTMENT OF EDUCATION

Federal Register Volume 81, Issue 162 (August 22, 2016)

Page Range		56615-56616
FR Document		2016-19928

In accordance with the Paperwork Reduction Act of 1995 (44 U.S.C. chapter 3501 et seq.), ED is proposing an extension of an existing information collection.

Federal Register, Volume 81 Issue 162 (Monday, August 22, 2016)

[Federal Register Volume 81, Number 162 (Monday, August 22, 2016)]
[Notices]
[Pages 56615-56616]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-19928]


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DEPARTMENT OF EDUCATION

[Docket No.: ED-2016-ICCD-0070]


Agency Information Collection Activities; Submission to the 
Office of Management and Budget for Review and Approval; Comment 
Request; Guaranty Agency Financial Report

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

ACTION: Notice.

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SUMMARY: In accordance with the Paperwork Reduction Act of 1995 (44 
U.S.C. chapter 3501 et seq.), ED is proposing an extension of an 
existing information collection.

DATES: Interested persons are invited to submit comments on or before 
September 21, 2016.

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-2016-ICCD-
0070. 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. 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 
Director of the Information Collection Clearance Division, U.S. 
Department of Education, 400 Maryland Avenue SW., LBJ, Room 2E-347, 
Washington, DC 20202-4537.

FOR FURTHER INFORMATION CONTACT: For specific questions related to 
collection activities, please contact Beth Grebeldinger, 202-377-4018.

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 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 of an existing information collection.
    Respondents/Affected Public: State, Local, and Tribal Governments; 
Private Sector.
    Total Estimated Number of Annual Responses: 672.
    Total Estimated Number of Annual Burden Hours: 36,960.
    Abstract: The Guaranty Agency financial Reports is used by a 
guaranty agency to request payments of reinsurance for defaulted 
student loans; make payments for amounts due the Department, for 
collections on default and lender of last resort loan (default) claims 
on which reinsurance has been

[[Page 56616]]

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: August 17, 2016.
Kate Mullan,
Acting Director, Information Collection Clearance Division, Office of 
the Chief Privacy Officer, Office of Management.
[FR Doc. 2016-19928 Filed 8-19-16; 8:45 am]
 BILLING CODE 4000-01-P

56616 Federal Register / Vol. 81, No. 162 / Monday, August 22, 2016 / Notices

Respondents/Affected Public: State, grants for Feasibility Studies.1 The (FAPE). Possible safeguards should
Local, and Tribal Governments; Private Feasibility Studies will determine if PFS include: Procedures to ensure that the
Sector. is a viable and appropriate strategy to determination of a child’s eligibility for
Total Estimated Number of Annual implement preschool programs that are special education and related services
Responses: 672. high-quality and yield meaningful under the IDEA is completely separated
Total Estimated Number of Annual results. The Department, in consultation from the financial structure of the
Burden Hours: 36,960. with the Department of Health and project; evaluation methods that
Abstract: The Guaranty Agency Human Services (HHS), developed the mitigate the risk of incentives to exclude
financial Reports is used by a guaranty Preschool PFS Feasibility Pilot. The or prematurely exit children from
agency to request payments of ultimate aim of the Preschool PFS needed services and support;
reinsurance for defaulted student loans; Feasibility Pilot is to improve early stakeholder involvement with groups or
make payments for amounts due the learning outcomes through a High- families who represent students with
Department, for collections on default Quality Pay for Success Project by disabilities in developing and
and lender of last resort loan (default) providing grants for Feasibility Studies. evaluating the project; inclusion of
claims on which reinsurance has been This pilot does not limit feasibility longer-term impacts, such as third grade
paid and for refunding amounts studies to programs that meet the reading achievement, on both treatment
previously paid for reinsurance claims. definition of ‘‘high-quality’’ preschool and control groups; and may include
The form is also used to determine used by the Preschool Development other strategies. The Department is
required reserve levels for agencies and Grants program in its 2014 grant interested in proposals for possible
to collect debt information as required competition in order to allow the PFS outcome measures that reflect improved
for the ‘‘Report on Accounts and Loans demonstrations to demonstrate high- outcomes for students with disabilities
Receivable Due from the Public,’’ SF quality in different ways, including while protecting their rights under
220–9 (Schedule 9 Report) as required through the impacts that the pilots are IDEA.
by the U.S. Department of Treasury. able to achieve. In this way, such The Department plans to make
projects could further develop the publicly available the completed
Dated: August 17, 2016.
evidence-base of programs that are Feasibility Studies and related reports
Kate Mullan, in order to make tools and models
demonstrated to be effective.2 However,
Acting Director, Information Collection available to the public, facilitate
the Preschool PFS Feasibility Pilot does
Clearance Division, Office of the Chief Privacy knowledge-sharing, and lessen the
Officer, Office of Management. not fund the implementation of
preschool services. These Feasibility burden of future feasibility assessments
[FR Doc. 2016–19928 Filed 8–19–16; 8:45 am] in communities. Further, if the
Studies will test the viability of PFS for
BILLING CODE 4000–01–P
preschool models designed to Feasibility Studies conclude that PFS is
effectively serve the Target Population, viable, it is the intent of the Department
and identify a broad range of potential for grantees to use the Feasibility
DEPARTMENT OF EDUCATION Studies, after the grant period, to
Outcome Measures designed to both
Applications for New Awards; demonstrate improved student develop a PFS project to improve early
Preschool Development Grants— outcomes and result in potential cost learning outcomes.
Preschool Pay for Success Feasibility savings to school districts, Local Background on the Pay For Success
Pilot Governments, and States, as well as Model
provide more general benefits to society.
AGENCY: Office of Elementary and In awarding Preschool PFS Feasibility Under this program, the Department
Secondary Education, Department of Pilot grants, the Department will only will award grants to States, Local
Education. support Feasibility Studies that propose Governments, and Tribal Governments
ACTION: Notice. to identify rigorous safeguards to protect to conduct Preschool PFS Feasibility
the interests of students and their Pilots. PFS includes innovative
families. This includes not creating contracting and financing models that
Overview Information
seek to test and advance promising and
Preschool Development Grants— incentives for reducing special
proven interventions, while paying only
Preschool Pay for Success Feasibility education referrals or placement when
for successful impacts and outcomes for
Pilot Notice inviting applications for Children with Disabilities need these
families, individuals, and communities.
new awards for fiscal year (FY) 2016. services and related services under the
Through a PFS project, a government (or
Individuals with Disabilities Education
Catalog of Federal Domestic Assistance other) entity enters into a contract to
Act (IDEA), 20 U.S.C. 1400 et seq., in
(CFDA) Number: 84.419C. pay for the achievement of concrete,
order to be successful. Such incentives
DATES: measurable outcomes for specific people
would contravene the IDEA
Applications Available: August 22, or communities. Service providers
requirements that States and school
2016. deliver interventions to achieve these
districts have policies and procedures in outcomes. Payments, known as
Deadline for Notice of Intent to Apply: effect to locate, identify, and evaluate
September 12, 2016. Outcomes Payments, are made only if
children suspected of having disabilities the interventions achieve those
Deadline for Transmittal of and who are in need of special
Applications: October 6, 2016. outcomes agreed upon in advance. In
education and related services and to many cases, these outcomes are
asabaliauskas on DSK3SPTVN1PROD with NOTICES

Full Text of Announcement ensure that a free appropriate public expected to occur over a period of years,
education (FAPE) is made available to meaning that the service providers need
I. Funding Opportunity Description eligible children, 20 U.S.C. 1412(a)(3) outside funding in order to cover their
Purpose of Program (Child Find) and 20 U.S.C. 1412 (a)(1) operating costs. In these cases, PFS
The purpose of this Preschool Pay For 1 Defined terms are used throughout the
financing is used by bringing in
Success (PFS) Feasibility Pilot is to document and are indicated by capitalization. Investors, which are recruited typically
encourage State and local PFS activity 2 As published in the Federal Register on August by an Intermediary contracted by the
for preschool programs by providing 18, 2014 (79 FR 48853 and 79 FR 48873). government. The government or other

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Document Created: 2018-02-09 11:38:24
Document Modified: 2018-02-09 11:38:24

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
Action		Notice.
Dates		Interested persons are invited to submit comments on or before September 21, 2016.
Contact		For specific questions related to collection activities, please contact Beth Grebeldinger, 202-377-4018.
FR Citation		81 FR 56615