LENDER'S APPLICATION FOR PAYMENT OF INSURANCE CLAIM

ICR 198804-1840-001

OMB: 1840-0517

Federal Form Document

Forms and Documents
Document
Name
Status
No forms / supporting documents in this ICR. Check IC Document Collections.
IC Document Collections
IC ID
Document
Title
Status
134323 Migrated
ICR Details
1840-0517 198804-1840-001
Historical Active 198505-1840-001
ED/OPE
LENDER'S APPLICATION FOR PAYMENT OF INSURANCE CLAIM
Revision of a currently approved collection   No
Regular
Approved without change 05/18/1988
Retrieve Notice of Action (NOA) 04/19/1988
  Inventory as of this Action Requested Previously Approved
05/31/1991 05/31/1991 06/30/1988
36,000 0 36,000
5,040 0 6,840
0 0 0

THE ED FORM 1207 LENDER'S APPLICATION FOR PAYMENT OF INSURANCE CLAIM - IS COMPLETED FOR EACH BORROWER FOR WHO THE LENDER IS FILING A FEDERAL CLAIM. LENDERS MUST FILE FOR PAYMENT WITHIN 60-90 DAYS OF THE DEFAULT, DEPENDING ON THE TYPE OF CLAIM FILED. THE ED FORM 1207 IS THE ONLY VEHICLE FOR PAYMENT OF A FEDERAL INSURED STUDENT LOAN (FISL) CLAIM.

None
None


No

1
IC Title Form No. Form Name
LENDER'S APPLICATION FOR PAYMENT OF INSURANCE CLAIM ED-1207

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 36,000 36,000 0 0 0 0
Annual Time Burden (Hours) 5,040 6,840 0 -1,800 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
Yes

$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected

  No

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
04/19/1988


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