Fiscal Operations Report for 2006-2007 and Application to Participate for 2008-2009 (FISAP) and Reallocation Form E 40-4

Forms and Documents

Document Name	Status
Form ED-646-1 2008-2009 FISAP and Instructions (Proprietary Institutions) Form	Modified
Form E40-4P Reallocation Form (Private Institutions) Form	New
Form E40-4P Reallocation Form (Public Institutions) Form	New
Form E40-4P Reallocation Form (Proprietary Insitutions) Form	New
Form ED-646-1 FISAP and Instructions (Private Institutions) Form	New
Form ED-646-1 2008-2009 FISAP and Instructions (Public Institutions) Form	New
FISAP changes memo.doc Supplementary Document	2007-04-18
FISAP SUPPORTING STATEMENT.doc Supporting Statement A	0000-00-00

IC Document Collections

IC ID	Document Title	Status
22237	2008-2009 FISAP and Instructions (Proprietary Institutions) Form	Modified
179706	Reallocation Form (Private Institutions) Form	New
179705	Reallocation Form (Public Institutions) Form	New
179704	Reallocation Form (Proprietary Insitutions) Form	New
179703	FISAP and Instructions (Private Institutions) Form	New
179701	2008-2009 FISAP and Instructions (Public Institutions) Form	New

ICR Details

OMB Control No: 1845-0030	ICR Reference No: 200704-1845-002
Status: Historical Active	Previous ICR Reference No: 200603-1845-002
Agency/Subagency: ED/FSA	Agency Tracking No: 3279
Title: Fiscal Operations Report for 2006-2007 and Application to Participate for 2008-2009 (FISAP) and Reallocation Form E 40-4
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 06/25/2007
	Date Received in OIRA: 04/23/2007
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	06/30/2008	36 Months From Approved	06/30/2007
Responses	5,798	0	8,172
Time Burden (Hours)	27,936	0	26,939
Cost Burden (Dollars)	0	0	0

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Abstract: This application data will be used to compute the amount of funds needed by each school for the 2007-2008 award year. The Fiscal Operations Report data will be used to assess program effectiveness, account for funds expended during the 2006-2007 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 2006-2007 and request supplemental FWS funds for 2007-2008.

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Authorizing Statute(s): None

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	72 FR 7628	02/16/2007
30-day Notice:	Federal Register Citation:	Citation Date:
	72 FR 20109	04/23/2007
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 6

IC Title	Form No.	Form Name
2008-2009 FISAP and Instructions (Proprietary Institutions)	ED-646-1	FISAP
FISAP and Instructions (Private Institutions)	ED-646-1	FISAP
Reallocation Form (Private Institutions)	E40-4P	CAMPUS-BASED REALLOCATION FORM
Reallocation Form (Public Institutions)	E40-4P	CAMPUS -BASED REALLOCATION FORM
2008-2009 FISAP and Instructions (Public Institutions)	ED-646-1	FISAP
Reallocation Form (Proprietary Insitutions)	E40-4P	CAMPUS-BASED REALLOCATION FORM

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ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	5,798	8,172	0	-2,374	0	0
Annual Time Burden (Hours)	27,936	26,939	0	997	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

Burden decreases because of Program Change due to Agency Discretion: Yes

Burden Reduction Due to: Miscellaneous Actions

Short Statement: The increase in hours is a result six additional lines to the FISAP. Due to the Higher Education Reconciliation Act of 2005 (HERA), P.L. 109-171, two lines are added in Part II, Section E to report any Academic Competitive Grant and SMART Grant expenditures. Two lines are added to Part II for schools to report Perkins loan cancellations for surviving spouses of public service victims of the 9-11 terrorist attacks, and two additional lines are added for schools to report any other adjustments to debits or credits that are not already reported. Last, the estimated number of schools is lower than previously reported.

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Annual Cost to Federal Government: $883,570

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? Uncollected

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 04/23/2007

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