95-14666. Federal Perkins Loan Program

[Federal Register Volume 60, Number 115 (Thursday, June 15, 1995)]
[Rules and Regulations]
[Page 31410]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-14666]



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DEPARTMENT OF EDUCATION

34 CFR Part 674

RIN 1840-AB71


Federal Perkins Loan Program

AGENCY: Department of Education.

ACTION: Final regulations.

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SUMMARY: The Secretary amends the regulations governing the Federal 
Perkins Loan Program to add the Office of Management and Budget (OMB) 
control number to Sec. 674.34(e) of the regulations. The section 
contains information collection requirements approved by OMB. The 
Secretary takes this action to inform the public that these 
requirements have been approved, and therefore affected parties must 
comply with them.

EFFECTIVE DATE: These regulations are effective on July 1, 1995.

FOR FURTHER INFORMATION CONTACT: Sylvia R. Ross, Federal Perkins Loan 
Program, U.S. Department of Education, 600 Independence Avenue SW., 
(Room 4018, ROB-3), Washington, D.C. 20202-5447. Telephone (202) 708-
8242. Individuals who use a telecommunications device for the deaf 
(TDD) may call the Federal Information Relay Service (FIRS) at 1-800-
877-8339 between 8 a.m. and 8 p.m. Eastern time, Monday through Friday.

SUPPLEMENTARY INFORMATION: Final regulations for the Federal Perkins 
Loan Program were published in the Federal Register on November 30, 
1994 (59 FR 61392). Compliance with information collection requirements 
in Sec. 674.34(e) of these regulations was delayed until those 
requirements were approved by OMB under the Paperwork Reduction Act of 
1980. OMB approved the information collection requirements in the 
regulations on May 19, 1995. The information collection requirements in 
Sec. 674.34(e) will therefore become effective with the other 
provisions of the regulations on July 1, 1995.

Waiver of Proposed Rulemaking

    It is the practice of the Secretary to offer interested parties the 
opportunity to comment on proposed regulations. However, the 
publication of OMB control numbers is purely technical and does not 
establish substantive policy. Therefore, the Secretary has determined 
under 5 U.S.C. 553(b)(B), that public comment on the regulations is 
unnecessary and contrary to the public interest.

List of Subjects in 34 CFR Part 674

    Loan programs--education, Reporting and recordkeeping requirements, 
Student aid.

    Dated: June 9, 1995.
David A. Longanecker,
Assistant Secretary for Postsecondary Education.

    The Secretary amends part 674 of title 34 of the Code of Federal 
Regulations as follows:

PART 674--FEDERAL PERKINS LOAN PROGRAM

    1. The authority citation for part 674 continues to read as 
follows:

    Authority: 20 U.S.C. 1087aa-1087-ii, and 421-429, unless 
otherwise noted.


Sec. 674.34  [Amended]

    2. Section 674.34(e) is amended by adding the OMB control number 
following the section to read as follows:

(Approved by the Office of Management and Budget under control 
number 1840-0535)
[FR Doc. 95-14666 Filed 6-14-95; 8:45 am]
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