Student Assistance General Provisions - Subpart K - Cash Management

ICR 201310-1845-003

OMB: 1845-0106

Federal Form Document

Forms and Documents
Document
Name
Status
Supplementary Document
2013-10-18
Supplementary Document
2013-07-29
Supporting Statement A
2013-09-30
ICR Details
1845-0106 201310-1845-003
Historical Active 201010-1845-009
ED/FSA 1470.04
Student Assistance General Provisions - Subpart K - Cash Management
Extension without change of a currently approved collection   No
Regular
Approved without change 12/16/2013
Retrieve Notice of Action (NOA) 10/21/2013
  Inventory as of this Action Requested Previously Approved
12/31/2016 36 Months From Approved 12/31/2013
682,848 0 479,595
59,999 0 54,336
0 0 0

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
  
None

Not associated with rulemaking

  78 FR 45517 07/29/2013
78 FR 61346 10/03/2013
No

2
IC Title Form No. Form Name
Program Integrity - 668.164(i) - State, Local or Tribal Governments
Program Integrity - 668.164(i) - Private Sector

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 682,848 479,595 0 0 203,253 0
Annual Time Burden (Hours) 59,999 54,336 0 0 5,663 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
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.
10/21/2013


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