View Information Collection Request (ICR) Package

OMB Control No: 1845-0039	ICR Reference No: 201206-1845-001
Status: Historical Active	Previous ICR Reference No: 200905-1845-001
Agency/Subagency: ED/FSA	Agency Tracking No: 4843
Title: Pell Grant Reporting under the Common Origination and Disbursement (COD) System
Type of Information Collection: Revision of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 09/24/2012
	Date Received in OIRA: 06/28/2012
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	09/30/2015	36 Months From Approved	09/30/2012
Responses	9,792,925	0	6,019,900
Time Burden (Hours)	685,505	0	507,362
Cost Burden (Dollars)	0	0	0

Abstract: The Federal Pell Grant, the Academic Competitiveness Grant (ACG), and the National Science and Mathematics Access to Retain Talent Grant (National SMART Grant) programs are student financial assistance programs authorized under the Higher Education Act of 1965, as amended (HEA). These programs provide grant assistance to an eligible student attending an institution of higher education. The institution determines the student's award and disburses program funds on behalf of the Department of Education (ED). However, with the completion of the 2010-2011 award year (July 1, 2010 through June 30, 2011) the funding for the ACG and National SMART Grant programs was no longer included in the budget for the title IV federal student aid programs and the awarding of grants ceased. Because there is no funding for either the ACG or National SMART Grant programs, we are removing the corresponding burden from this information collection package. The Pell Grant program is still fully funded and the burden for the reporting of the disbursements for that by institutions of higher education is included in this information collection. Institutions are still required to report student Pell Grant payment information to ED electronically. Electronic reporting is conducted through the Common Origination and Disbursement (COD) system. The COD system is used by institutions to request, report, and reconcile grant funds received from the Pell Grant program.

Authorizing Statute(s): US Code: 20 USC 1001 et seq. Name of Law: HIgher Education Act of 1995, as amended

Citations for New Statutory Requirements: None

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	77 FR 24690	04/25/2012
30-day Notice:	Federal Register Citation:	Citation Date:
	77 FR 38609	06/28/2012
Did the Agency receive public comments on this ICR? No

Number of Information Collection (IC) in this ICR: 2

IC Title	Form No.	Form Name
COD System Private Institutions
COD System Public Institutions

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Adjustment in Estimate
Annual Number of Responses	9,792,925	6,019,900	3,773,025
Annual Time Burden (Hours)	685,505	507,362	178,143
Annual Cost Burden (Dollars)	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The revised number of respondents represents the current number of institutions participating in the Pell Grant program as of the end of the 2010-2011 award year, which accounts for the difference of 143 respondents. While there is a decrease in the number of institutions that are required to respond, there is a marked increase in the number of eligible Pell Grant recipients from the previous information collection, accounting for the net increases in the responses and burden hours.

Annual Cost to Federal Government: $25,935,000

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

Agency Contact: Beth Grebeldinger 202 708-8242

View ICR - OIRA Conclusion