Student Assistance General Provisions - Subpart A - General

ICR 201412-1845-001

OMB: 1845-0107

Federal Form Document

Forms and Documents
IC Document Collections
IC ID
Document
Title
Status
200909 Modified
194955 Modified
194954 Modified
ICR Details
1845-0107 201412-1845-001
Historical Active 201308-1845-001
ED/FSA
Student Assistance General Provisions - Subpart A - General
Extension without change of a currently approved collection   No
Regular
Approved without change 04/15/2015
Retrieve Notice of Action (NOA) 03/02/2015
  Inventory as of this Action Requested Previously Approved
04/30/2018 36 Months From Approved 04/30/2015
2,645,033 0 19,780,528
448,152 0 1,270,478
0 0 0

The final regulations require an institution to report for each student who, during an award year, began attending or completed a program that leads to gainful employment in a recognized occupation the following information; information to identify the student and the location of the institution the student attended, the Classification of Instructional Program (CIP) code for each occupational training program that each student either began or completed, the completion date, the amount of private education loans and institutional financing incurred by each graduate, and whether a student matriculated into a higher credentialed program of study at the same or another institution. In addition, the final regulations will require the following disclosures to prospective students: the name and Standard Occupational Classification (SOC) code for of each occupational training program and links to the Department of Labor's O- Net site to obtain occupation profile data using a SOC code, or a representative sample of SOC codes for graduates of its program; information about on-time graduation rates for students completing the program; the total amount of tuition and fees charged for completing the program within the normal time it takes to complete the course requirements as published in the institution's catalog, along with the typical costs for books and supplies, and the cost of room and board, if applicable, including providing a Web link or access to the program cost information the institution makes available to all enrolled and prospective students under section 668.43(a). Beginning July 1, 2011, the placement rate information as determined under the institution's accrediting agency or State requirements, or the placement rate that will be determined in the future by the National Center for Education Statistics (NCES) and reported to the institution. In addition, the institution must disclose the median loan debt incurred by students who completed the program as provided by the Secretary, as well as any other information about the program provided by the Secretary. The institution must identify separately the median title IV, Higher Education Act (HEA) loan debt and the median loan debt from the private education loan debt and institutional financing plans. For each program, the institution must include the accreditation and licensing information provided to all currently enrolled as well as prospective students as posted on the institution's Web site.

US Code: 20 USC 1082 Name of Law: Higher Education Act of 1965, as amended
  
None

Not associated with rulemaking

  79 FR 73284 12/10/2014
80 FR 11183 03/02/2015
No

  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 2,645,033 19,780,528 0 -16,274,929 -860,566 0
Annual Time Burden (Hours) 448,152 1,270,478 0 -668,758 -153,568 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
Yes
Changing Regulations
This is an extension of the current collection package and there is a decrease in the amount of burden in the current inventory. The burden change of 448,152 hours, 2,611,405 respondents and 2,645,033 responses are due to estimated decreases in the number of prospective students as well as a decrease in the estimated number of gainful employment programs that would require the regulatory disclosures. Additionally, due to the removal of a section of the regulations, a large number of burden hours (668,758) and respondents/responses (16,274,929) are also removed from the information collection.

$50,000
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.
03/02/2015


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