These regulations require institutions
to provide a method for a Federal Pell Grant eligible student to
obtain or purchase, by the seventh day of a payment period, the
books and supplies required for the payment period when certain
conditions are met. If, 10 days before the beginning of the payment
period the institution could disburse Title IV, Higher Education
Act of 1965, as amended (HEA) program funds for which the student
was eligible, and if disbursed a credit balance would result, the
institution is required to provide to the student the lesser of the
presumed credit balance or the amount needed by the student for
books and supplies, as determined by the institution.
US Code:
20
USC 1082 Name of Law: Higher Education Act of 1965, as
amended
The increase in the burden
hours identified here is due to an increase in the number of Pell
eligible students and an increase in the number of Title IV
certified and eligible institutions that participate in the Pell
program. In total there are 5,663 hours added to the previously
identified burden.
$0
No
No
No
No
No
Uncollected
Beth Grebeldinger 202
708-8242
No
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.