Publication Date: May 15, 2009
Posted Date: May 15, 2009
Subject: Fiscal Operations Report for 2008-2009 and Application to Participate for 2010-2011 (FISAP) and Reallocation Form E40-4P
FR Type: Notice
[Federal Register: May 15, 2009 (Volume 74, Number 93)] [Notices] [Page 22903-22904] From the Federal Register Online via GPO Access [wais.access.gpo.gov] [DOCID:fr15my09-44] ========================================================= DEPARTMENT OF EDUCATION Submission for OMB Review; Comment Request AGENCY: Department of Education. SUMMARY: The Director, Information Collection Clearance Division, Regulatory Information Management Services, Office of Management invites comments on the submission for OMB review as required by the Paperwork Reduction Act of 1995. DATES: Interested persons are invited to submit comments on or before June 15, 2009. ADDRESSES: Written comments should be addressed to the Office of Information and Regulatory Affairs, Attention: Education Desk Officer, Office of Management and Budget, 725 17th Street, NW., Room 10222, New Executive Office Building, Washington, DC 20503, be faxed to (202) 395- 5806 or send e-mail to oira_submission@omb.eop.gov. SUPPLEMENTARY INFORMATION: Section 3506 of the Paperwork Reduction Act of 1995 (44 U.S.C. Chapter 35) requires that the Office of Management and Budget (OMB) provide interested Federal agencies and the public an early opportunity to comment on information collection requests. 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 Director, Regulatory Information Management Services, Office of Management, publishes that notice containing proposed information collection requests prior to submission of these requests to OMB. 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. OMB invites public comment. Dated: May 12, 2009. Angela C. Arrington, Director, Information Collection Clearance Division, Regulatory Information Management Services, Office of Management. Federal Student Aid Type of Review: Revision. [[Page 22904]] Title: Fiscal Operations Report for 2008-2009 and Application to Participate for 2010-2011 (FISAP) and Reallocation Form E40-4P. Frequency: Annually. Affected Public: Businesses or other for profit; Federal Government; Not-for-profit institutions. Reporting and Recordkeeping Hour Burden: Responses: 5,798. Burden Hours: 32,693. Abstract: This application data will be used to compute the amount of funds needed by each school for the 2010-2011 award year. The Fiscal Operations Report data will be used to assess program effectiveness, account for funds expended during the 2008-2009 award year, and as part of the school funding process. The Reallocation form is part of the FISAP on the Web. Schools will use it in the summer to return unexpended funds for 2008-2009 and request supplemental FWS funds for 2009-2010. Changes being made to this collection due to the Higher Education Opportunity Act of 2008 are: Part III added line items to report loan cancellations for various reasons as stated in the HEOA. Also, lines were added to allow for transfer of Federal Work-Study funds to the Federal Perkins Loan Program, which is now authorized through the HEOA. Part IV was changed to allow for funds to be transferred from the Federal Supplemental Education Opportunity Grants Program to be spent in the Federal Work-Study Program. Part V was changed to allow for funds to be transferred from the Federal Supplemental Education Opportunity Grants Program to be spend in the Federal Work-Study Program and to allow funds to be transferred from the Federal Work-Study Program to the Federal Perkins Loan Program. Lines were also added to report funds that were spent for disaster-affected students and students who participated in civic education activities. Requests for copies of the information collection submission for OMB review may be accessed from http://edicsweb.ed.gov, by selecting the ``Browse Pending Collections'' link and by clicking on link number 3962. When you access the information collection, click on ``Download Attachments'' to view. Written requests for information should be addressed to U.S. Department of Education, 400 Maryland Avenue, SW., LBJ, Washington, DC 20202-4537. Requests may also be electronically mailed to the Internet address ICDocketMgr@ed.gov or faxed to 202-401- 0920. Please specify the complete title of the information collection when making your request. Comments regarding burden and/or the collection activity requirements should be electronically mailed to ICDocketMgr@ed.gov. 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. E9-11407 Filed 5-14-09; 8:45 am] BILLING CODE 4000-01-P