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

OMB 1845-0013

OMB 1845-0013

The Department of Education (the Department) is submitting the Lender’s Interest and Special Allowance Request & Report, ED Form 799 for 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 General Accounting 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.

The latest form for Lender's Request for Payment of Interest and Special Allowance - LaRS expires 2023-03-31 and can be found here.

OMB Details

LaRS For-Profit Lenders

Federal Enterprise Architecture: Education - Higher Education

Form ED Form 799LARS 799 Form www.fp.ed.gov/fms.htmlForm and instruction

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