GUARANTEE AGENCY MONTHLY CLAIMS AND COLLECTIONS REPORT

ICR 199408-1840-002

OMB: 1840-0582

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
134524 Migrated
ICR Details
1840-0582 199408-1840-002
Historical Active 199310-1840-005
ED/OPE
GUARANTEE AGENCY MONTHLY CLAIMS AND COLLECTIONS REPORT
Revision of a currently approved collection   No
Regular
Approved without change 11/02/1994
Retrieve Notice of Action (NOA) 08/05/1994
Approved as amended by ED's 10/31/94 memorandum to OMB. Approval is conditional on ED's commitment to collect information about collection of student loans by time cohortthrough the National Student Loan Data System. ED shall also indicate in the 1189 that HEA Section 428(e) is the source of information on lender referral fees. Last, we note that the source of information on repurchase agreements is a non-regulatory agreement; ED shall include this agreement in future submission of thi form as the underlying authority for this section of the form.
  Inventory as of this Action Requested Previously Approved
11/30/1997 11/30/1997 03/31/1996
576 0 648
2,880 0 2,592
0 0 0

THE GUARANTEE AGENCY MONTHLY CLAIMS AND COLLECTIONS REPORT (ED FORM 1189) IS USED BY A GUARANTEE AGENCY TO REQUEST PAYMENTS OF REINSURANCE FOR DEFAULT, BANKRUPTCY, DEATH, AND DISABILITY CLAIMS PAID TO LENDERS AND FOR COSTS INCURRED FOR SUPPLEMENTAL PRECLAIMS ASSISTANCE. AN AGEN MAY USE THE FORM TO MAKE PAYMENTS FOR AMOUNTS DUE ED FOR COLLECTIONS O

None
None


No

1
IC Title Form No. Form Name
GUARANTEE AGENCY MONTHLY CLAIMS AND COLLECTIONS REPORT ED 1189

  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 576 648 0 0 -72 0
Annual Time Burden (Hours) 2,880 2,592 0 0 288 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$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.
08/05/1994


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