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View ICR - OIRA Conclusion

OMB Control No: 1845-0072	ICR Reference No: 200302-1845-001
Status: Historical Active	Previous ICR Reference No:
Agency/Subagency: ED/FSA	Agency Tracking No:
Title: eZ-Audit: Electronic Submission of Financial Statements and Compliance Audits
Type of Information Collection: New collection (Request for a new OMB Control Number)	Common Form ICR: No
Type of Review Request: Emergency	Approval Requested By: 02/21/2003
OIRA Conclusion Action: Approved without change	Conclusion Date: 03/17/2003
	Date Received in OIRA: 02/12/2003
Terms of Clearance: Approved as a full-scale pilot test of the new EZ-Audit system. Upon resubmission, ED will present evidence about: (1) the utility of the new approach in reducing fraud and error in student aid programs; (2) the validity and reliability of the data reported; and (3) any additional respondent burden associated with the simultaneous submission to the Clearinghouse and to ED, and the use of the EZ-Audit summary sheet.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	09/30/2003	09/30/2003
Responses	4,000	0	0
Time Burden (Hours)	4,000	0	0
Cost Burden (Dollars)	200,000	0	0

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