Maintained for Historical Purposes

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

Subject: Notice of Proposed Information Collection Requests; Federal
Student Aid; Pell Grant, ACG, and National SMART Reporting Under the
Common Origination and Disbursement (COD) System

Publication Date: April 25, 2012

Posted Date: April 25, 2012

Subject: Notice of Proposed Information Collection Requests; Federal Student Aid; Pell Grant, ACG, and National SMART Reporting Under the Common Origination and Disbursement (COD) System

FR Type: Notice


[Federal Register Volume 77, Number 80 (Wednesday, April 25, 2012)]
[Notices]
[Pages 24690]
From the Federal Register Online via the Government Printing Office [wais.access.gpo.gov
[FR Doc No: 2012-9993]

=======================================

DEPARTMENT OF EDUCATION

Notice of Proposed Information Collection Requests; Federal 
Student Aid; Pell Grant, ACG, and National SMART Reporting Under the 
Common Origination and Disbursement (COD) System

SUMMARY: The Federal Pell Grant, ACG, and National SMART Programs are 
student financial assistance programs authorized under the Higher 
Education Act of 1965 (HEA), as amended. These programs provide grant 
assistance to an eligible student attending an institution of higher 
education. The institution determines the student's award 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. COD is a simplified process for 
requesting, reporting, and reconciling Pell Grant, ACG, and National 
SMART funds.

DATES: Interested persons are invited to submit comments on or before 
June 25, 2012.

ADDRESSES: Written 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.

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 04843. 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.

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, Privacy, Information and Records 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. Please note that written comments received in response to 
this notice will be considered public records.
    Title of Collection: Pell Grant, ACG, and National SMART Reporting 
under the Common Origination and Disbursement (COD) System.
    OMB Control Number: 1845-0039.
    Type of Review: Extension.
    Total Estimated Number of Annual Responses: 6,019,900.
    Total Estimated Number of Annual Burden Hours: 507,362.
    Abstract: The Federal Pell Grant, ACG, and National SMART Programs 
are student financial assistance programs authorized under the Higher 
Education Act of 1965 (HEA), as amended. These programs provide grant 
assistance to an eligible student attending an institution of higher 
education. The institution determines the student's award 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. COD is a simplified process for 
requesting, reporting, and reconciling Pell Grant, ACG, and National 
SMART funds.

    Dated: April 19, 2012.
Darrin A. King,
Director, Information Collection Clearance Division, Privacy, 
Information and Records Management Services, Office of Management.

[FR Doc. 2012-9993 Filed 4-24-12; 8:45 am]
BILLING CODE 4000-01-P


Last Modified: 04/24/2012