Publication Date: October 6, 2011
Posted Date: October 6, 2011
Subject: Request for Title IV Reimbursement or Heightened Cash Monitoring 2 (HCM2)
FR Type: Notice
[Federal Register Volume 76, Number 194 (Thursday, October 6, 2011)] ([Notices] [Pages 62047-62048] From the Federal Register Online via the Government Printing Office [wais.access.gpo.gov] [FR Doc No: 2011-25901] ----------------------------------------------------------- DEPARTMENT OF EDUCATION Proposed Information Collection Requests AGENCY: Department of Education. ACTION: Notice; comment request. --------------------------------------------------------- SUMMARY: The Department of Education (the Department), in accordance with the Paperwork Reduction Act of 1995 (PRA) (44 U.S.C. 3506(c)(2)(A)), provides the general public and Federal agencies with an opportunity to comment on proposed and continuing collections of information. This helps the Department assess the impact of its information collection requirements and minimize the reporting burden on the public and helps the public understand the Department's information collection requirements and provide the requested data in the desired format. The Director, Information Collection Clearance Division, Privacy, Information and Records Management Services, Office of Management, invites comments on the proposed information collection requests as required by the Paperwork Reduction Act of 1995. DATES: Interested persons are invited to submit comments on or before December 5, 2011. ADDRESSES: Comments regarding burden and/or the collection activity requirements should be electronically mailed to ICDocketMgr@ed.gov or mailed to U.S. Department of Education, 400 Maryland Avenue, SW., LBJ, Washington, DC 20202-4537. Please note that written comments received in response to this notice will be considered public records. SUPPLEMENTARY INFORMATION: Section 3506 of the Paperwork Reduction Act of 1995 (44 U.S.C. Chapter 35) requires that Federal agencies provide interested parties an early opportunity to comment on information collection requests. The Director, Information Collection Clearance Division, Regulatory Information Management Services, Office of Management, publishes this notice containing proposed information collection requests at the beginning of the Departmental review of the information collection. 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 the respondents, including through the use of information technology. Dated: September 30, 2011. Darrin King, Director, Information Collection Clearance Division, Privacy, Information, and Records Management Services, Office of Management. Federal Student Aid Type of Review: Extension. Title of Collection: Request for Title IV Reimbursement or Heightened Cash Monitoring 2 (HCM2). OMB Control Number: 1845-0089. Agency Form Number(s): N/A. Frequency of Responses: Monthly. Affected Public: Business or other for-profit; not-for-profit Institutions. Total Estimated Number of Annual Responses: 732. Total Estimated Annual Burden Hours: 3,660. Abstract: The purpose of the form is to gather financial information from the institution in order to process claims for payment. ED Payment Analysts compare data on the form with disbursement records in the Common Origination and Disbursement system to determine what amount will be paid to the institution under the restricted method of payments. Data and signatures are collected from the institution on these forms. The data collected is in regards to the Title IV program funds that are requested and certified by the institution in the President/Owner/Chief Executive Officer and the Financial Aid Director/ Third Party Servicer section of the form. The forms are signed by the institution official and submitted when requesting payment for Reimbursement or Heightened Cash Monitoring 2 claims. Copies of the proposed information collection request may be accessed from http://www.edicsweb.ed.gov, by selecting the ``Browse Pending Collections'' link and by clicking on link number 4716. 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 ICDocketMgr@ed.gov or faxed to 202-401-0920. Please specify the complete title of the information collection and OMB Control Number when making your request. 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. 2011-25901 Filed 10-5-11; 8:45 am] BILLING CODE 4000-01-P