View Information Collection Request (ICR) Package

OMB Control No: 1845-0022	ICR Reference No: 201005-1845-002
Status: Historical Inactive	Previous ICR Reference No: 200910-1845-010
Agency/Subagency: ED/FSA	Agency Tracking No:
Title: Cohort Default Rates for Institutions Participating in the FFEL or Direct Loan Programs
Type of Information Collection: Revision of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Comment filed on proposed rule and continue	Conclusion Date: 09/08/2010
Retrieve Notice of Action (NOA)	Date Received in OIRA: 06/18/2010
Terms of Clearance: OMB files this comment in accordance with 5 CFR 1320.11( c ). This OMB action is not an approval to conduct or sponsor an information collection under the Paperwork Reduction Act of1995. This action has no effect on any current approvals. If OMB has assigned this ICR a new OMB Control Number, the OMB Control Number will not appear in the active inventory. For future submissions of this information collection, reference the OMB Control Number provided. Pursuant to 5 CFR 1320.11(c), OMB files this comment on this information collection request (ICR). In accordance with 5 CFR 1320, OMB is withholding approval at this time. The agency shall examine public comment in response to the NPRM and will describe in the preamble of the final rule how the agency has maximized the practical utility of the collection and minimized the burden. The next submission to OMB must include the draft final rule.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	10/31/2012	36 Months From Approved	10/31/2012
Responses	289,608	0	289,608
Time Burden (Hours)	1,305,770	0	1,305,770
Cost Burden (Dollars)	0	0	0

Abstract: The proposed regulations establish the standards to participate in the student financial aid assistance programs authorized by Title IV of the Higher Education Act of 1965,(HEA),as amended. The proposed regulations assure the Secretary that the integrity of the programs are protected from fraud and misuse of program funds. These proposed regulations modify the standards of administrative capability and propose new requirements for institutional disclosures to enrolled students and prospective students on written arrangements entered into with other institutions who will not be granting the degree or certificate. These proposed regulations also expand disclosures to students and prospective students so those students have contact information in order to make complaints to the institution's accreditor, approval and licensing agencies. The proposed regulations consolidate the satisfactory academic progress standards in 34 CFR 668.34, therefore we are administratively transferring the attributable amount of burden that was in 34 CFR 668.16(e) to 34 CFR 668.34. The proposed regulations in 34 CFR 668.13 require that the period of participation for a private, for-profit foreign institution expires after three years rather than the six year period for a domestic institution. The proposed regulations in 34 CFR 668.171 require that in order for an institution to be considered financially responsible, the institution must notify the Secretary that it is designated as a public institution by the country or other governmental entity that has the legal authority to make that designation. That entity must confirm that the institution is a public institution and is backed by the full faith and credit of the governmental entity, as documented. This proposed regulation also includes a requirement that the foreign public institution must not be in violation of the past performance requirements in 34 CFR 668.174.

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Changing Regulations

Burden decreases because of Program Change due to Agency Discretion: Yes

Burden Reduction Due to: Changing Regulations

Short Statement: The increase of 21,982 burden hours is due to a statutory change in the Higher Education Opportunity Act (HEOA) (Pub. L. 110-315) made to the Higher Education Act of 1965, as amended (HEA) that requires institutions to develop and follow procedures to evaluate the validity of a student's high school completion as proposed in the implementing regulations at 34 CFR 668.16(p). The downward administrative adjustment of 21,000 burden hours is reflective of the transfer of the satisfactory academic progress regulations being moved from 34 CFR 668.16 to 34 CFR 668.34, thus the burden associated with OMB 1845-0022 (and 34 CFR 668.16) is transferred to OMB 1845-NEW2 - Satisfactory Academic Progress (04267). The remaining 830,308 increase in burden hours reflect business process improvement to prevent and counteract fraud, abuse, and waste by providing for accurate clock hour to credit hour conversions, clarifying when a student is considered to have withdrawn in order to calculate the proper amounts of earned and unearned Title IV, HEA funds, require expanded disclosure to students enrolled in programs of study where a portion of the student's program is provided by another institution that will not be providing the student with the degree or certificate, and through the reduction of the Secretary's approval for foreign institution's participation in Title IV, HEA programs from 6 years to 3 years for private, for-profit foreign institutions

View ICR - OIRA Conclusion