Notice2024-21147
Agency Information Collection Activities; Comment Request; Student Assistance General Provisions-Subpart K-Cash Management
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
September 18, 2024
Issuing agencies
Education Department
Abstract
In accordance with the Paperwork Reduction Act (PRA) of 1995, the Department is proposing an extension of a currently approved information collection request (ICR).
Full Text
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<title>Federal Register, Volume 89 Issue 181 (Wednesday, September 18, 2024)</title>
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[Federal Register Volume 89, Number 181 (Wednesday, September 18, 2024)]
[Notices]
[Page 76464]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-21147]
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DEPARTMENT OF EDUCATION
[Docket No.: ED-2024-SCC-0113]
Agency Information Collection Activities; Comment Request;
Student Assistance General Provisions--Subpart K--Cash Management
AGENCY: Federal Student Aid (FSA), Department of Education (ED).
ACTION: Notice.
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SUMMARY: In accordance with the Paperwork Reduction Act (PRA) of 1995,
the Department is proposing an extension of a currently approved
information collection request (ICR).
DATES: Interested persons are invited to submit comments on or before
November 18, 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-0113.
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#98d1dbdcf7fbf3fdecd5ffead8fdfcb6fff7ee"><span class="__cf_email__" data-cfemail="d8919b9cb7bbb3bdac95bfaa98bdbcf6bfb7ae">[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 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 4C210,
Washington, DC 20202-1200.
FOR FURTHER INFORMATION CONTACT: For specific questions related to
collection activities, please contact Beth Grebeldinger, (202) 570-
8414.
SUPPLEMENTARY INFORMATION: The Department, 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 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: Student Assistance General Provisions--Subpart
K--Cash Management.
OMB Control Number: 1845-0106.
Type of Review: Extension without change of a currently approved
ICR.
Respondents/Affected Public: State, Local, and Tribal Governments;
Individuals or Households; Private Sector.
Total Estimated Number of Annual Responses: 2,503,922.
Total Estimated Number of Annual Burden Hours: 764,450.
Abstract: The Department of Education (the Department) amended the
Student Assistance General Provisions regulations issued under the
Higher Education Act of 1965, as amended (HEA), to implement the
changes made to the Student Assistance General Provisions regulations
Subpart K Cash Management 668.164 Disbursing funds. These regulations
are intended to ensure students and parents have convenient access to
their Title IV, HEA program funds, do not incur unreasonable and
uncommon financial account fees on these title IV funds and are not led
to believe that they must open a particular financial account to
receive their federal student aid. This request is for an extension of
the information collection for the requirements that are contained in
the regulations 668.164 Disbursing funds. The regulations require that
an institution that makes direct payments to a student or parent by
electronic funds transfer (EFT) and that chooses to enter into an
arrangement described in 668.164(e) or (f), including an institution
that uses a third-party servicer to make those payments, must establish
a selection process under which the student chooses one of several
options for receiving those Title IV, HEA fund payments. There has been
no change to the regulations.
Dated: September 12, 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. 2024-21147 Filed 9-17-24; 8:45 am]
BILLING CODE 4000-01-P
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