Annual Notice of Interest Rates of Federal Student Loans Made Under the William D. Ford Federal Direct Loan Program on or After July 1, 2013, 42488-42489 [2015-17653]

Download as PDF 42488 Federal Register / Vol. 80, No. 137 / Friday, July 17, 2015 / Notices srobinson on DSK5SPTVN1PROD with NOTICES natural resources and services of the site. As a result of this incident, injuries to the site’s natural resources and their services were observed and documented. Therefore, the Trustees have jurisdiction to pursue restoration under the OPA. Determination to Conduct Restoration Planning. The NRDA regulations under OPA, provide that the Trustees are to prepare a Notice if they determine certain conditions have been met, and if they decide to quantify the injuries to natural resources and to develop a restoration plan. Accordingly, the Trustees have determined, pursuant to 15 CFR 990.42(a), that: 1. As stated above, injuries have resulted from the incident on May 18, 2011. 2. Response actions did not address all injuries resulting from the incident to the extent that restoration would not be necessary. Although response actions were initiated soon after the spill, the nature of the incident (fire, oil spill, and physical disturbance) and the sensitivity of the environment precluded the complete prevention of injuries to natural resources. Injured natural resources may return to baseline, but interim losses of services provided by these natural resources have occurred, and will continue until resources return to baseline health/condition. 3. Feasible primary and compensatory restoration actions exist to address injuries and lost human uses resulting from the incident. In preparation for restoration planning, the Trustees have begun to compile a list of restoration projects that could potentially be implemented to compensate for interim losses resulting from the incident. All potential restoration sites would be located within the bounds of NBVC Point Mugu and would involve construction projects to enhance the services of existing wetlands. The Trustees have the tools and procedures to evaluate the injuries and define the appropriate type and scale of restoration for the injured natural resources. Among the available procedures are computer modeled injury assessments; field and laboratory study of geology and sediment, plants, wildlife, water quality, hydrologic resources; as well as additional literature searches. Appropriate VerDate Sep<11>2014 20:59 Jul 16, 2015 Jkt 235001 procedures such as these will be used to determine the extent of injury to natural resources and their services, and Habitat Equivalency Analysis will be used to determine the appropriate compensation for those injuries. During the restoration planning phase, the Trustees will evaluate potential projects, determine the scale of restoration actions needed to make the environment and the public whole, and release a draft Damage Assessment and Restoration Plan for public review and comment. Administrative Record. The Trustees have opened an Administrative Record (Record) in compliance with 15 CFR 990.45. The Record will include documents considered by the Trustees during the preassessment, assessment, and restoration planning phases of the NRDA performed in connection with the crash. The Record will be augmented with additional information over the course of the NRDA process. The Record is available in accordance with the Freedom of Information Act, by contacting: Navy Region Southwest, Attention: Ms. Deb McKay, Code N40, Pt Mugu Omega Air Tanker Crash Spill, 937 North Harbor Drive, Box 81, San Diego, CA 92132, Phone: 619–532–2284, or deborah.mckay@navy.mil. Dated: July 10, 2015. N.A. Hagerty-Ford, Commander, Judge Advocate General’s Corps, U.S. Navy, Federal Register Liaison Officer. [FR Doc. 2015–17568 Filed 7–16–15; 8:45 am] BILLING CODE 3810–FF–P DEPARTMENT OF EDUCATION Annual Notice of Interest Rates of Federal Student Loans Made Under the William D. Ford Federal Direct Loan Program on or After July 1, 2013 Federal Student Aid, Department of Education. ACTION: Notice. AGENCY: Catalog of Federal Domestic Assistance (CFDA) Number: 84.268. DATES: This notice is effective July 17, 2015. The Chief Operating Officer for Federal Student Aid announces the interest rates for loans made under the SUMMARY: PO 00000 Frm 00022 Fmt 4703 Sfmt 4703 William D. Ford Federal Direct Loan (Direct Loan) Program on or after July 1, 2015, but before July 1, 2016. Ian Foss, U.S. Department of Education, 830 First Street NE., Room 114I1, Washington, DC 20202. Telephone: (202) 377–3681 or by email: ian.foss@ ed.gov. If you use a telecommunications device for the deaf (TDD) or a text telephone (TTY), call the Federal Relay Service (FRS), toll free, at 1–800–877– 8339. Individuals with disabilities can obtain this document in an accessible format (e.g., braille, large print, audiotape, or compact disc) on request to the contact person listed under FOR FURTHER INFORMATION CONTACT. FOR FURTHER INFORMATION CONTACT: Section 455(b) of the Higher Education Act of 1965, as amended (HEA) (20 U.S.C. 1087e(b)), provides formulas for determining the interest rates charged to borrowers for loans made under the Direct Loan Program including: Federal Direct Subsidized Stafford Loans (Direct Subsidized Loans); Federal Direct Unsubsidized Stafford Loans (Direct Unsubsidized Loans); Federal Direct PLUS Loans (Direct PLUS Loans); and Federal Direct Consolidation Loans (Direct Consolidation Loans). Direct Subsidized Loans, Direct Unsubsidized Loans, and Direct PLUS Loans (collectively, Direct Loans) first disbursed on or after July 1, 2013, have a fixed interest rate that is calculated based on the high yield of the 10-year Treasury notes auctioned at the final auction held before June 1 of each year, plus a statutory add-on percentage (a ‘‘margin’’). Therefore, while the interest rate determination for new loans will be different from year to year, each of these loans will have a fixed interest rate for the life of the loan. In each case the calculated rate is capped by a maximum interest rate. The following chart contains specific information on the calculation of the interest rates for Direct Loans first disbursed on or after July 1, 2015, but before July 1, 2016. We publish a separate notice containing the interest rates for Direct Loans that were made in prior years. SUPPLEMENTARY INFORMATION: E:\FR\FM\17JYN1.SGM 17JYN1 42489 Federal Register / Vol. 80, No. 137 / Friday, July 17, 2015 / Notices FIXED-RATE DIRECT SUBSIDIZED LOANS, DIRECT UNSUBSIDIZED LOANS, AND DIRECT PLUS LOANS FIRST DISBURSED ON OR AFTER 7/1/2015 BUT BEFORE 7/1/2016 Cohort Loan type Student grade level Subsidized ............. Unsubsidized ......... Unsubsidized ......... Undergraduates .... Undergraduates .... Graduate and Professional Students. Parents of Dependent Undergraduates. Graduate and Professional Students. PLUS ..................... PLUS ..................... 7/1/2015 7/1/2015 7/1/2015 7/1/2016 7/1/2016 7/1/2016 2.237 2.237 2.237 2.05 2.05 3.60 4.29 4.29 5.84 8.25 8.25 9.50 7/1/2015 7/1/2016 2.237 4.60 6.84 10.50 7/1/2015 7/1/2016 2.237 4.60 6.84 10.50 [FR Doc. 2015–17653 Filed 7–16–15; 8:45 am] srobinson on DSK5SPTVN1PROD with NOTICES BILLING CODE 4000–01–P DEPARTMENT OF ENERGY Notice of Intent To Grant an Exclusive License 20:59 Jul 16, 2015 Jkt 235001 Max. rate (%) 10-Year Treasury note (%) Dated: July 14, 2015. James W. Runcie, Chief Operating Officer, Federal Student Aid. VerDate Sep<11>2014 Fixed rate (%) First disbursed before Program Authority: 20 U.S.C. 1087, et seq. National Energy Technology Laboratory, Department of Energy. Margin (%) First disbursed on/after If an application for a Direct Consolidation Loan is received by the Department on or after July 1, 2013, the interest rate on that loan is the weighted average of the consolidated loans, rounded up to the nearest higher 1⁄8 of 1 percent. These Direct Consolidation Loans do not have an interest rate cap. Electronic Access to This Document: The official version of this document is the document published in the Federal Register. Free Internet access to the official edition of the Federal Register and the Code of Federal Regulations is available via the Federal Digital System at www.gpo.gov/fdsys. At this site you can view this document, as well as all other documents of this Department published in the Federal Register, in text or Adobe Portable Document Format (PDF). To use PDF you must have Adobe Acrobat Reader, which is available free at the site. You may also access documents of the Department published in the Federal Register by using the article search feature at www.federalregister.gov. Specifically, through the advanced search feature at this site, you can limit your search to documents published by the Department. AGENCY: Index rate Notice of intent to grant an exclusive license. ACTION: This notice is issued in accordance with 35 U.S.C. 209(c)(1) and 37 CFR 404.7(a)(1)(i). The National Energy Technology Laboratory (NETL) hereby gives notice that the Department of Energy (DOE) intends to grant an exclusive license to practice the inventions described and claimed in U.S. Patent Number 8,470,276, ‘‘Process for CO2 capture using a regenerable magnesium hydroxide sorbent’’ and in U.S. Patent Number 8,617,499, ‘‘Minimization of steam requirements and enhancement of water-gas shift reaction with warm gas temperature CO2 removal’’ to CogniTek Management Systems, Inc., a small business having its principal place of business in Northbrook, Illinois. The patents are owned by the United States of America, as represented by DOE. The prospective exclusive license complies with the requirements of 35 U.S.C. 209 and 37 CFR 404.7. DATES: Written comments, objections, or nonexclusive license applications must be received at the address listed below no later than August 3, 2015. Objections submitted in response to this notice will not be made available to the public for inspection and, to the extent permitted by law, will not be released under the Freedom of Information Act, 5 U.S.C. 552. ADDRESSES: Comments, applications for nonexclusive licenses, or objections relating to the prospective exclusive license should be submitted to Jessica Sosenko, Technology Transfer Program Manager, U.S. Department of Energy, National Energy Technology Laboratory, P.O. Box 10940, Pittsburgh, PA 15236– 0940 or via facsimile to (412) 386–4183. FOR FURTHER INFORMATION CONTACT: Jessica Sosenko, Technology Transfer SUMMARY: PO 00000 Frm 00023 Fmt 4703 Sfmt 4703 Program Manager, U.S. Department of Energy, National Energy Technology Laboratory, P.O. Box 10940, Pittsburgh, PA 15236; Telephone (412) 386–7417; Email: jessica.sosenko@netl.doe.gov. SUPPLEMENTARY INFORMATION: Section 209(c) of title 35 of the United States Code gives DOE the authority to grant exclusive or partially exclusive licenses in Department-owned inventions where a determination is made, among other things, that the desired practical application of the invention has not been achieved, or is not likely to be achieved expeditiously, under a nonexclusive license. The statute and implementing regulations (37 CFR 404) require that the necessary determinations be made after public notice and opportunity for filing written comments and objections. CogniTek Management Systems, Inc., a small business, has applied for an exclusive license to practice the inventions and has a plan for commercialization of the inventions. DOE intends to grant the license, upon a final determination in accordance with 35 U.S.C. 209(c), unless within 15 days of publication of this notice, NETL’s Technology Transfer Manager (contact information listed above), receives in writing any of the following, together with supporting documents: (i) A statement from any person setting forth reasons why it would not be in the best interest of the United States to grant the proposed license; or (ii) An application for a nonexclusive license to the invention, in which applicant states that it already has brought the invention to practical application or is likely to bring the invention to practical application expeditiously. The proposed license would be exclusive, subject to a license and other rights retained by the United States, and E:\FR\FM\17JYN1.SGM 17JYN1

Agencies

[Federal Register Volume 80, Number 137 (Friday, July 17, 2015)]
[Notices]
[Pages 42488-42489]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-17653]


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DEPARTMENT OF EDUCATION


Annual Notice of Interest Rates of Federal Student Loans Made 
Under the William D. Ford Federal Direct Loan Program on or After July 
1, 2013

AGENCY: Federal Student Aid, Department of Education.

ACTION: Notice.

-----------------------------------------------------------------------

Catalog of Federal Domestic Assistance (CFDA) Number: 84.268.


DATES: This notice is effective July 17, 2015.
SUMMARY: The Chief Operating Officer for Federal Student Aid announces 
the interest rates for loans made under the William D. Ford Federal 
Direct Loan (Direct Loan) Program on or after July 1, 2015, but before 
July 1, 2016.

FOR FURTHER INFORMATION CONTACT: Ian Foss, U.S. Department of 
Education, 830 First Street NE., Room 114I1, Washington, DC 20202. 
Telephone: (202) 377-3681 or by email: ian.foss@ed.gov.
    If you use a telecommunications device for the deaf (TDD) or a text 
telephone (TTY), call the Federal Relay Service (FRS), toll free, at 1-
800-877-8339.
    Individuals with disabilities can obtain this document in an 
accessible format (e.g., braille, large print, audiotape, or compact 
disc) on request to the contact person listed under FOR FURTHER 
INFORMATION CONTACT.

SUPPLEMENTARY INFORMATION: Section 455(b) of the Higher Education Act 
of 1965, as amended (HEA) (20 U.S.C. 1087e(b)), provides formulas for 
determining the interest rates charged to borrowers for loans made 
under the Direct Loan Program including: Federal Direct Subsidized 
Stafford Loans (Direct Subsidized Loans); Federal Direct Unsubsidized 
Stafford Loans (Direct Unsubsidized Loans); Federal Direct PLUS Loans 
(Direct PLUS Loans); and Federal Direct Consolidation Loans (Direct 
Consolidation Loans).
    Direct Subsidized Loans, Direct Unsubsidized Loans, and Direct PLUS 
Loans (collectively, Direct Loans) first disbursed on or after July 1, 
2013, have a fixed interest rate that is calculated based on the high 
yield of the 10-year Treasury notes auctioned at the final auction held 
before June 1 of each year, plus a statutory add-on percentage (a 
``margin''). Therefore, while the interest rate determination for new 
loans will be different from year to year, each of these loans will 
have a fixed interest rate for the life of the loan. In each case the 
calculated rate is capped by a maximum interest rate.
    The following chart contains specific information on the 
calculation of the interest rates for Direct Loans first disbursed on 
or after July 1, 2015, but before July 1, 2016. We publish a separate 
notice containing the interest rates for Direct Loans that were made in 
prior years.

[[Page 42489]]



      Fixed-Rate Direct Subsidized Loans, Direct Unsubsidized Loans, and Direct PLUS Loans First Disbursed on or After 7/1/2015 but Before 7/1/2016
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                      Cohort                Index rate
                                                         ------------------------------------------------
             Loan type               Student grade level       First           First          10-Year       Margin (%)    Fixed rate (%)   Max. rate (%)
                                                           disbursed on/     disbursed     Treasury note
                                                               after          before            (%)
--------------------------------------------------------------------------------------------------------------------------------------------------------
Subsidized........................  Undergraduates......        7/1/2015        7/1/2016           2.237            2.05            4.29            8.25
Unsubsidized......................  Undergraduates......        7/1/2015        7/1/2016           2.237            2.05            4.29            8.25
Unsubsidized......................  Graduate and                7/1/2015        7/1/2016           2.237            3.60            5.84            9.50
                                     Professional
                                     Students.
PLUS..............................  Parents of Dependent        7/1/2015        7/1/2016           2.237            4.60            6.84           10.50
                                     Undergraduates.
PLUS..............................  Graduate and                7/1/2015        7/1/2016           2.237            4.60            6.84           10.50
                                     Professional
                                     Students.
--------------------------------------------------------------------------------------------------------------------------------------------------------

    If an application for a Direct Consolidation Loan is received by 
the Department on or after July 1, 2013, the interest rate on that loan 
is the weighted average of the consolidated loans, rounded up to the 
nearest higher \1/8\ of 1 percent. These Direct Consolidation Loans do 
not have an interest rate cap.
    Electronic Access to This Document: The official version of this 
document is the document published in the Federal Register. Free 
Internet access to the official edition of the Federal Register and the 
Code of Federal Regulations is available via the Federal Digital System 
at www.gpo.gov/fdsys. At this site you can view this document, as well 
as all other documents of this Department published in the Federal 
Register, in text or Adobe Portable Document Format (PDF). To use PDF 
you must have Adobe Acrobat Reader, which is available free at the 
site.
    You may also access documents of the Department published in the 
Federal Register by using the article search feature at 
www.federalregister.gov. Specifically, through the advanced search 
feature at this site, you can limit your search to documents published 
by the Department.

    Program Authority: 20 U.S.C. 1087, et seq.

    Dated: July 14, 2015.
James W. Runcie,
Chief Operating Officer, Federal Student Aid.
[FR Doc. 2015-17653 Filed 7-16-15; 8:45 am]
 BILLING CODE 4000-01-P
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