The Department of Education (the
Department) amends the Student Assistance General Provisions
regulations to implement changes to §668.26 – End of an
institution’s participation in the Title IV, HEA programs and
§668.43 – Financial assistance information. These final regulations
are a result of negotiated rule-making in early 2019 and will add
new requirements to the current regulations. The final regulations
in §668.26 will allow the Secretary to permit an institution that
has ended its participation in title IV programs to continue to
originate, award, or disburse title IV funds for up to 120 days
under specific circumstances. The final regulations in §668.43 will
put in place new or revise current institutional disclosure
requirements.
This is a request for a new
information collection due to a program change based on final
regulations. The Department is requesting an accounting of burden
of 579,171 hours for 5,347 institutions of higher education
respondents.
$0
No
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.