Notice2021-23194
Agency Information Collection Activities; Comment Request; Student Assistance General Provisions-Non-Title IV Revenue Requirements (90/10)
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
October 25, 2021
Issuing agencies
Education Department
Abstract
In accordance with the Paperwork Reduction Act of 1995, ED is proposing a revision of a currently approved collection.
Full Text
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<title>Federal Register, Volume 86 Issue 203 (Monday, October 25, 2021)</title>
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[Federal Register Volume 86, Number 203 (Monday, October 25, 2021)]
[Notices]
[Pages 58900-58901]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-23194]
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DEPARTMENT OF EDUCATION
[Docket No.: ED-2021-SCC-0150]
Agency Information Collection Activities; Comment Request;
Student Assistance General Provisions--Non-Title IV Revenue
Requirements (90/10)
AGENCY: Federal Student Aid (FSA), Department of Education (ED).
ACTION: Notice.
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SUMMARY: In accordance with the Paperwork Reduction Act of 1995, ED is
proposing a revision of a currently approved collection.
DATES: Interested persons are invited to submit comments on or before
December 27, 2021.
ADDRESSES: To access and review all the documents related to the
information collection listed in this notice, please use <a href="http://www.regulations.gov">http://www.regulations.gov</a> by searching the Docket ID number ED-2021-SCC-0150.
Comments submitted in response to this notice should be submitted
electronically through the Federal eRulemaking Portal at <a href="http://www.regulations.gov">http://www.regulations.gov</a> by selecting the Docket ID number or via postal
mail, commercial delivery, or hand delivery. If the <a href="http://regulations.gov">regulations.gov</a>
site is not available to the public for any reason, ED will temporarily
accept comments at <a href="/cdn-cgi/l/email-protection#ace5efe8c3cfc7c9d8e1cbdeecc9c882cbc3da"><span class="__cf_email__" data-cfemail="155c56517a767e70615872675570713b727a63">[email protected]</span></a>. Please include the docket ID
number and the title of the information collection request when
requesting documents or submitting comments. Please note that comments
submitted by fax or email and those submitted after the comment period
will not be accepted. Written requests for information or comments
submitted by postal mail or delivery should be addressed to the PRA
Coordinator of the Strategic Collections and Clearance Governance and
Strategy Division, U.S. Department of Education, 400 Maryland Ave. SW,
LBJ, Room 6W208D, Washington, DC 20202-8240.
FOR FURTHER INFORMATION CONTACT: For specific questions related to
collection activities, please contact Beth Grebeldinger, 202-377-4018.
SUPPLEMENTARY INFORMATION: The Department of Education (ED), in
accordance with the Paperwork Reduction Act of 1995 (PRA) (44 U.S.C.
3506(c)(2)(A)), provides the general public and Federal agencies with
an opportunity to comment on proposed, revised, and continuing
collections of information. This helps the Department assess the impact
of its information collection requirements and minimize the public's
reporting burden. It also helps the public understand the Department's
information collection
[[Page 58901]]
requirements and provide the requested data in the desired format. ED
is soliciting comments on the proposed information collection request
(ICR) that is described below. The Department of Education is
especially interested in public comment addressing the following
issues: (1) Is this collection necessary to the proper functions of the
Department; (2) will this information be processed and used in a timely
manner; (3) is the estimate of burden accurate; (4) how might the
Department enhance the quality, utility, and clarity of the information
to be collected; and (5) how might the Department minimize the burden
of this collection on the respondents, including through the use of
information technology. Please note that written comments received in
response to this notice will be considered public records.
Title of Collection: Student Assistance General Provisions--Non-
Title IV Revenue Requirements (90/10).
OMB Control Number: 1845-0096.
Type of Review: A revision of a currently approved collection.
Respondents/Affected Public: Private Sector.
Total Estimated Number of Annual Responses: 10.
Total Estimated Number of Annual Burden Hours: 5.
Abstract: The regulations in 34 CFR 668.28 provide that a
proprietary institution must derive at least 10% of its annual revenue
from sources other than Title IV, HEA funds, identifies sanctions for
failing to meet this requirement, and otherwise implement the statute.
An institution discloses in a footnote to its audited financial
statements the amounts of Federal and non-Federal revenues, by
category, that it used in calculating its 90/10 ratio (see section
487(d) of the HEA).
The publication of final regulations on September 2, 2020, removed
section 668.285(b) regarding Net Present Value in the calculation of
the 90/10 ratio and reserved this subparagraph as of the effective date
of the regulation, July 1, 2021. With the cancellation of the
requirement to calculate the Net Present Value, we are revising the
current information collection to estimate the burden for the reporting
of the sanction to the Department only.
This request is to revise the currently approved a information
collection package, OMB Control Number 1845-0096, to include burden
hours based on section 668.28(c) Sanctions. The information collection
requirements in the regulations are necessary to determine eligibility
to receive program benefits and to prevent fraud and abuse of program
funds.
Dated: October 20, 2021.
Kate Mullan,
PRA Coordinator, Strategic Collections and Clearance Governance and
Strategy Division, Office of Chief Data Officer, Office of Planning,
Evaluation and Policy Development.
[FR Doc. 2021-23194 Filed 10-22-21; 8:45 am]
BILLING CODE 4000-01-P
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