Student Assistance General Provisions - Student Right to Know (SRK)

ICR 202207-1845-005

OMB: 1845-0004

Federal Form Document

Forms and Documents
Document
Name
Status
Supplementary Document
2022-07-12
Supporting Statement A
2022-07-12
ICR Details
1845-0004 202207-1845-005
Received in OIRA 201909-1845-004
ED/FSA
Student Assistance General Provisions - Student Right to Know (SRK)
Revision of a currently approved collection   No
Regular 07/13/2022
  Requested Previously Approved
36 Months From Approved 12/31/2022
31,971 32,915
24,016 28,736
0 0

The Department of Education proposes to amend the Student Assistance General Provisions regulations issued under the Higher Education Act of 1965, as amended (HEA), to implement changes made to the Student Assistance General Provisions regulations – Subpart D – Institutional and Financial Assistance Information for §668.41 - Reporting and disclosure of information. These proposed regulations are a result of negotiated rulemaking and would delete requirements to the current regulations in §668.41(h). The current regulations in §668.41(h) require institutions that use pre-dispute arbitration agreements or class action waivers as a condition of enrollment disclose that information to students, prospective students, and the public in an easily accessible format. The proposed regulations in §685.300 contain provisions which would replace those in current §668.41(h), rendering it unnecessary. This request is to remove from the current information collection the regulatory requirements, burden hours, and costs associated with the regulations in §668.41(h) while retaining the burden hours previously calculated for the remaining sections of §668.41.

US Code: 20 USC 1092 Name of Law: Higher Education Act of 1998 amended
  
None

1840-AD53 Proposed rulemaking 87 FR 41878 07/13/2022

No

  Total Request 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 31,971 32,915 0 -944 0 0
Annual Time Burden (Hours) 24,016 28,736 0 -4,720 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
Yes
Changing Regulations
This request is to remove a portion of the currently approved information collection. These changes are due to the proposed regulations offered through program change. The decrease in burden to this information collection is -4,720 hours based on the removal of 5 hours of burden for an estimated -944 institutions. These institutions no longer have to update information about pre-dispute arbitration or class action lawsuit waivers that may be in use by the institutions and to make that information available to the public under §668.41(h).

$0
No
    No
    No
No
No
No
No
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.
07/13/2022


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