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1840-0098 199601-1840-002
Historical Active 199507-1840-001
ED/OPE
Application for Approval to Participate in Federal Financial Aid Programs
Revision of a currently approved collection   No
Emergency 01/26/1996
Approved without change 02/27/1996
Retrieve Notice of Action (NOA) 01/19/1996
Approved as amended by ED's memoranda to OMB of 1/29/96, 2/22/96, and 2/26/96. In addition, ED has agreed to meet the following conditions: -- This emergency clearance is approved through April 18, 1996, pursuant to 5 CFR 1320.13. ED will publish a request for comment under the standard PRA review procedures immediately. -- ED will provide a plan for reviewing all schools by the HEA review deadline of 7/97, and for targeting resources on at-risk schools, no later than the request for standard PRA clearance. ED will provide OMB with semi-annual updates on progress. -- ED will transition to a fully electronic application system as rapidly as possible. This includes allowing schools to submit by disk-only immediately; allowing internet transmission, scanned documents, and transmission of electronic signatures no later than clearance of the standard PRA package (unless ED provides compelling evidence why this cannot be done); electronic transfer of the data directly into ED's PEPS system as soon as possible; and pre-printing of as much information as possible for the next round of recertification applications to reduce burden. -- ED shall review, as soon as possible and in time to allow for potential final rulemaking by 12/1/96, rules that currently require institutional eligibility to lapse upon change of ownership while at the same time not permitting reapplication until after the ownership has changed. This regulatory scheme necessitates a lapse in eligibility for all changes in ownership, even those made for legitimate business reasons. -- ED shall reconsider the merits of collecting sub-degree program information from degree-granting institutions, and either remove these questions for such schools or demonstrate that a sufficient problem exists to merit continued collection. OMB will reexamine this issue in reviewing the standard PRA package. -- ED will monitor responses to Q. 11 to determine whether the name and address of the CFO need be retained, and recommed whether to continue this question in its standrad PRA submission. -- ED will monitor responses to Q. 17 to determine whether the wording could be clarified in the standard package. -- ED will examine whether, given Q. 37, a separate application continues to be needed for the Direct Loan program with regard to new schools and schools that apply for recertification. Unless ED provides sufficient justification for why a Direct Loan form must be completed by these applicants, OMB will not reapprove that form (OMB #1840-0664) for schools that complete this recertification application.
  Inventory as of this Action Requested Previously Approved
04/30/1996 04/30/1996 02/28/1996
2,219 0 12,440
36,073 0 197,005
0 0 0