Lender's Request for Payment of Interest and Special Allowance - LaRS

ICR 202508-1845-006

OMB: 1845-0013

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Form and Instruction
Modified
Supplementary Document
2025-08-20
Supporting Statement A
2025-11-19
IC Document Collections
ICR Details
1845-0013 202508-1845-006
Received in OIRA 202209-1845-004
ED/FSA ED-2025-SCC-0516
Lender's Request for Payment of Interest and Special Allowance - LaRS
Extension without change of a currently approved collection   No
Regular 11/21/2025
  Requested Previously Approved
36 Months From Approved 01/31/2026
1,160 1,452
2,827 3,539
0 0

The Department of Education (the Department) is submitting the Lender’s Interest and Special Allowance Request & Report, ED Form 799 for extension of the current OMB approval. The information collected on the ED Form 799 is needed to pay interest and special allowance to holders of Federal Family Education Loans, for internal financial reporting, budgetary projections, and for audit and lender reviews by the Department, Servicers, External Auditors and Government Accountability Office (GAO). The legal authority for collecting this information is Title IV, Part B of the Higher Education Act of 1965, as amended by the Higher Education Reconciliation Act of 2005 (“the HERA”), (Pub. L. 109-171). The Department is requesting the continual approval for regulatory sections 682.304 and 682.414.

PL: Pub.L. 109 - 177 Title IV, Part B Name of Law: Higher Education Reconciliation Act of 2005
  
None

Not associated with rulemaking

  90 FR 41388 08/25/2025
90 FR 52652 11/21/2025
No

2
IC Title Form No. Form Name
LaRS For-Profit Lenders NA LARS 799 Form.docx
LaRS Not-For-Profit Lenders NA LARS_799_Form.docx

  Total Request 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 1,160 1,452 0 -292 0 0
Annual Time Burden (Hours) 2,827 3,539 0 -712 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
Yes
Miscellaneous Actions
The Department is requesting an extension citing a total burden hours of 2,827. This is an adjustment based on a decrease of 712 hours. The reduction is due to a decrease of participating lenders. There are no program or form changes.

$237,140
No
    No
    No
No
No
No
No
Carolyn Rose 202 803-1502

  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.
11/21/2025


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