Notice2024-03512

Agency Information Collection Activities; Comment Request; Gainful Employment/Financial Value Transparency Reporting Requirements

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
February 21, 2024

Issuing agencies

Education Department

Abstract

In accordance with the Paperwork Reduction Act (PRA) of 1995, the Department is proposing a new information collection request (ICR).

Full Text

<html>
<head>
<title>Federal Register, Volume 89 Issue 35 (Wednesday, February 21, 2024)</title>
</head>
<body><pre>
[Federal Register Volume 89, Number 35 (Wednesday, February 21, 2024)]
[Notices]
[Pages 13059-13060]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-03512]


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

DEPARTMENT OF EDUCATION

[Docket No.: ED-2024-SCC-0030]


Agency Information Collection Activities; Comment Request; 
Gainful Employment/Financial Value Transparency Reporting Requirements

AGENCY: Federal Student Aid (FSA), Department of Education (ED).

ACTION: Notice.

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

SUMMARY: In accordance with the Paperwork Reduction Act (PRA) of 1995, 
the Department is proposing a new information collection request (ICR).

DATES: Interested persons are invited to submit comments on or before 
April 22, 2024.

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-2024-SCC-0030. 
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, the Department will 
temporarily accept comments at <a href="/cdn-cgi/l/email-protection#c48d8780aba7afa1b089a3b684a1a0eaa3abb2"><span class="__cf_email__" data-cfemail="f1b8b2b59e929a9485bc9683b19495df969e87">[email&#160;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 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 Manager of the Strategic 
Collections and Clearance Governance and Strategy Division, U.S. 
Department of Education, 400 Maryland Ave. SW, LBJ, Room 6W203, 
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, in accordance with the 
Paperwork Reduction Act of 1995 (PRA)

[[Page 13060]]

(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 requirements and provide the 
requested data in the desired format. The Department is soliciting 
comments on the proposed information collection request (ICR) that is 
described below. The Department 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: Gainful Employment/Financial Value 
Transparency Reporting Requirements.
    OMB Control Number: 1845-NEW.
    Type of Review: A new ICR.
    Respondents/Affected Public: State, local, and Tribal governments.
    Total Estimated Number of Annual Responses: 149,800.
    Total Estimated Number of Annual Burden Hours: 2,665,823.
    Abstract: The regulations in Sec.  668.408 in Subpart Q--Financial 
Value Transparency, that were negotiated in 2022 and the Final Rule 
published in 2023, establish reporting requirements for postsecondary 
institutions who participate in the title IV programs under the Higher 
Education Act of 1965, as amended, to report on their students who 
enroll in, complete, or withdraw from a gainful employment (GE) program 
or an eligible non-GE program in specified award years. The new 
regulations also define the timeframes for institutions to report the 
required information. This is a request for a new collection to allow 
the Department to obtain the required information and assess the burden 
on institutions. The average burden hours of 2,665,823 is for the 
average 149,860 responses for 4,518 respondents over 3 years. We 
divided the total 3 year burden hours of 7,997,468, and the 499,580 
responses by 3 to obtain these averages.

    Dated: February 15, 2024.
Kun 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. 2024-03512 Filed 2-20-24; 8:45 am]
BILLING CODE 4000-01-P


</pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body>
</html>
Indexed from Federal Register on February 21, 2024.

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.