This collection
is approved for one year to allow 2003-2004 repor ting and
applications for 2005-2006 to proceed on schedule. In the coming
year, ED will work with OMB to determine whether revisions should
be made to the FISAP to address deficiencies in the PART process.
ED and OMB will also see if some of the issues raised in the PART
can be addresses through enhanced review of the existing data and,
particularly in regard to the Perkins Loan s, the examination of
NSLDS data. As in the previous TOC, ED will work on development of
an e-signature option for this package by the time of the next
clearance. ED will also require respondents to report a single
numeric identifier -- the RID. Because ED will have the capability
to crosswalk that RID with both the DUNS and the OPE-ID, it will
only need to collect the RID on future FSA forms related to Title
IV. ED will complete this effort by FY07 so that all FSA forms
related to Title IV seek a single numeric identifier.
Inventory as of this Action
Requested
Previously Approved
06/30/2005
06/30/2005
05/31/2006
5,872
0
1
26,339
0
25,876
0
0
0
This application data will be used to
compute the amount of funds needed by each school for the 2005-2006
award year. The Fiscal Operations Report data will be used to
assess program effectiveness, account for funds expended during the
2003-2004 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 unexpected funds for 2003-2004 and
request supplemental FWS funds for 2004-2005.
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.