Maintained for Historical Purposes

This resource is being maintained for historical purposes only and is not currently applicable.

Pell Grant reporting under the Common Origination and Disbursement (COD) system.

Publication Date: January 2004
FRPart:
RegPartsAffected:

Page Numbers: 4297-4298

Pell Grant reporting under the Common Origination and Disbursement (COD) system.

Posted on 01-29-2004


[Federal Register: January 29, 2004 (Volume 69, Number 19)]
[Notices]              
[Page 4297-4298]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr29ja04-41]
                        

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DEPARTMENT OF EDUCATION


Notice of Proposed Information Collection Requests

AGENCY: Department of Education.

ACTION: Notice of proposed information collection requests.

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SUMMARY: The Leader, Regulatory Information Management, Office of the
Chief Information Officer, invites comments on the proposed information
collection requests as required by the Paperwork Reduction Act of 1995.

DATES:
An emergency review has been requested in accordance with the
Act (44 U.S.C. Chapter 3507 (j)), since public harm is reasonably
likely to result if normal clearance procedures are followed. Approval
by the Office of Management and Budget (OMB) has been requested by
February 9, 2004. A regular clearance process is also beginning.
Interested persons are invited to submit comments on or before March
29, 2004.

ADDRESSES: Written comments regarding the emergency review should be
addressed to the Office of Information and Regulatory Affairs,
Attention: Melanie Kadlic, Desk Officer: Department of Education,
Office of Management and Budget; 725 17th Street, NW., Room 10235, New
Executive Office Building, Washington, DC 20503 or should be
electronically mailed to the Internet address Melanie--
Kadlic@omb.eop.gov.

SUPPLEMENTARY INFORMATION: Section 3506 of the Paperwork Reduction Act
of 1995 (44 U.S.C. Chapter 35) requires that the Director of OMB
provide interested Federal agencies and the public an early opportunity
to comment on information collection requests. The Office of Management
and Budget (OMB) may amend or waive the requirement for public
consultation to the extent that public participation in the approval
process would defeat the purpose of the information collection, violate
State or Federal law, or substantially interfere with any agency's
ability to perform its statutory obligations. The Leader, Information
Management Group, Office of the Chief Information Officer, publishes
this notice containing proposed information collection requests at the
beginning of the Departmental review of the information collection.
Each proposed information collection, grouped by office, contains the
following: (1) Type of review requested, e.g., new, revision,
extension, existing or reinstatement; (2) Title; (3) Summary of the
collection; (4) Description of the need for, and proposed use of, the
information; (5) Respondents and frequency of collection; and (6)
Reporting and/or Recordkeeping burden. ED invites public comment.
    The Department of Education is especially interested in public
comment addressing the following issues: (1) Is this collection
necessary to the proper functions of the Department; (2) will this
information be processed and used in a timely manner; (3) is the
estimate of burden accurate; (4) how might the Department enhance the
quality, utility, and clarity of the information to be collected; and
(5) how might the Department minimize the burden of this collection on
respondents, including through the use of information technology.

    Dated: January 26, 2004.
Angela C. Arrington,
Leader, Regulatory Information Management, Office of the Chief
Information Officer.

Federal Student Aid


    Type of Review: New Collection.
    Title: Pell Grant reporting under the Common Origination and
Disbursement (COD) system.
    Abstract: The Federal Pell Grant Program is a student financial
assistance program authorized under the Higher Education Act of 1965
(HEA), as amended. This program provides grant assistance to an
eligible student attending an institution of higher education. The
institution determines the student's award (based on a formula
established in statute) and disburses program funds to the student on
behalf of the Department (ED). To account for the funds disbursed,
institutions report student payment information to ED electronically.
Electronic reporting was formerly done through the Recipient Financial
Management System (RFMS), but is now done through the Common
Origination and Disbursement (COD) system. COD is a simplified process
for requesting, reporting, and reconciling Pell Grant funds.

SUPPLEMENTARY INFORMATION: An emergency request for clearance has been
requested for approval by February 9, 2004. Collection activity for
this collection is ongoing. Approval is requested to ensure that
program funding could be disbursed to students.
    Frequency: On Occasion; Monthly.
    Affected Public: Not-for-profit institutions (primary), Businesses
or other for-profit, State, Local, or Tribal Gov't, SEAs or LEAs.
    Reporting and Recordkeeping Hour Burden:
     Responses: 5,000,000.
     Burden Hours: 350,000.
    Requests for copies of the proposed information collection request
may be accessed from http://edicsweb.ed.gov
, by selecting the ``Browse

Pending Collections'' link and by clicking on link number 2446. When
you access the information collection, click on ``Download
Attachments'' to view. Written requests for information should

[[Page 4298]]

be addressed to Vivian Reese, Department of Education, 400 Maryland
Avenue, SW., Room 4050, Regional Office Building 3, Washington, DC
20202-4651 or to the e-mail address
vivan.reese@ed.gov. Requests may
also be electronically mailed to the Internet address
OCIO_RIMG@ed.gov
or faxed to 202-708-9346. Please specify the complete title of the
information collection when making your request.
    Comments regarding burden and/or the collection activity
requirements, contact Joe Schubart at 202-708-9266. Individuals who use
a telecommunications device for the deaf (TDD) may call the Federal
Information Relay Service (FIRS) at 1-800-877-8339.

[FR Doc. 04-1928 Filed 1-28-04; 8:45 am]

Last Modified: 01/28/2004