Approved
consistent with ED's memo of 2/1/2000. In addition the following
terms apply: (1) OMB commends ED on its efforts to streamline GA
reporting. (2) The reporting system to support this combined form
will be up and running no later than 10/2000. At that time, ED will
terminate use of the separate 1189 and 1130 forms in favor of the
combined system. (3) Within 6 months of this clearance, ED will
meet with OMB and provide updates on the following: (a) the October
target date for implementing the combined forms (b) NSLDS
reasonability testing and goals for the interface between NSLDS and
GA reporting (c) ED efforts to automate the NSLDS comparison
project.
Inventory as of this Action
Requested
Previously Approved
03/31/2003
03/31/2003
612
0
0
33,660
0
0
0
0
0
The Guaranty Agency Financial Report
is used to request payments from and make payments to the
Department of Education under the FFEL program authorized by title
IV, part B, of the HEA of 1965, as amended. The report is also used
to monitor the agency's financial activities, including activities
concerning its Federal fund, operating fund, and the agency's
restricted account.
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.