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

Subject: Request for Title IV Reimbursement or Heightened Cash Monitoring 2

Publication Date: December 16, 2011

Posted Date: December 16, 2011

Subject: Request for Title IV Reimbursement or Heightened Cash Monitoring 2

FR Type: Notice


Federal Register Volume 76, Number 208 (Friday, December 16, 2011)
[Notices]
[Page 78249-78250]
From the Federal Register Online via the Government Printing Office [wais.access.gpo.gov]
[FR Doc No: 2011-32348]
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DEPARTMENT OF EDUCATION

Notice of Submission for OMB Review

AGENCY: Department of Education.

ACTION: Comment request.
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[[Page 78250]]

SUMMARY: The Director, Information Collection Clearance Division,
Privacy, Information and Records Management Services, Office of
Management, invites comments on the submission for OMB review as 
required by the Paperwork Reduction Act of 1995 (Pub. L. 104-13).
DATES: Interested persons are invited to submit comments on or before January 17, 2012.

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 emailed to oira_submission@omb.eop.gov with a cc: to
ICDocketMgr@ed.gov. 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 the Office of Management
and Budget (OMB) provide interested Federal agencies and the public an
early opportunity to comment on information collection requests. The
OMB is particularly interested in comments which: (1) valuate whether
the proposed collection of information is necessary for the proper 
performance of the functions of the agency, including whether the
information will have practical utility; (2) Evaluate the accuracy of
the agency's estimate of the burden of the proposed collection of
information, including the validity of the methodology and assumptions
used; (3) Enhance the quality, utility, and clarity of the information
to be collected; and (4) Minimize the burden of the collection of
information on those who are to respond, including through the use of
appropriate automated, electronic, mechanical, or other technological
collection techniques or other forms of information technology.

 Dated: December 12, 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.
OMB Control Number: 1845-0089.
Agency Form Number(s): Form 207.
Frequency of Responses: Monthly.
Affected Public: Business or other 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. The US Department of Education (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 information collection submission for OMB review may
be accessed from the RegInfo.gov Web site at http://www.reginfo.gov/public/do/PRAMain, 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 the Internet address
  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. 2011-32348 Filed 12-15-11; 8:45 am] BILLING CODE 4000-01-P