Student Assistance General Provisions - Subpart K - Cash Management

Forms and Documents

Document	Type	Status	Availability
1845-0038 Memo to OMB.pdf	Supplementary Document	Uploaded 2008-05-20	Available
Att_OMB1845.0038.Supporting.Statement.12.23.08.doc	Supporting Statement A	Uploaded 2008-12-29	Available

IC Document Collections

IC ID	Collection	Type	Status	Form
22256	1845-0038.TABLE.TEACH.Grant.Final	Other-null	Modified

ICR Details

OMB Control No: 1845-0038	ICR Reference No: 200812-1845-006
Status: Historical Active	Previous ICR Reference No: 200805-1845-006
Agency/Subagency: ED/FSA	Agency Tracking No: 3899
Title: Student Assistance General Provisions - Subpart K - Cash Management
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: 02/27/2009
	Date Received in OIRA: 01/08/2009
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	02/29/2012	36 Months From Approved	02/28/2009
Responses	1,075,198	0	1,080,834
Time Burden (Hours)	976,924	0	978,333
Cost Burden (Dollars)	0	0	0

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Abstract: These regulations comprise the existing provisions of the Student Asisstance General Provisions guidance regarding cash management. Information collection under these regulations relates to cash management requirements and practices for institutions participating in the Title IV, Higher Education Act (HEA), programs. This request is for approval of reporting and recordkeeping requirements contained in the attached final regulations related to the administrative requirements of the Regulations Governing the Student Assistance General Provisions as revised by the TEACH Grant final regulations. The information collection requirements in these regulations are necessary to determine eligibility to receive program benefits and to prevent fraud and abuse of program funds.

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Authorizing Statute(s): US Code: 20 USC 1001 et seq. Name of Law: Teacher Education Assistance for College and Higher Education Grants
  

Citations for New Statutory Requirements: US Code: 20 USC 1001 et seq. Name of Law: Teacher Education Assistance for College and Higher Education Grants

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
1840-AC93	Final or interim final rulemaking	73 FR 15336	03/21/2008

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	73 FR 65588	11/04/2008
30-day Notice:	Federal Register Citation:	Citation Date:
	74 FR 807	01/08/2009
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
1845-0038.TABLE.TEACH.Grant.Final

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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	1,075,198	1,080,834	0	0	-5,636	0
Annual Time Burden (Hours)	976,924	978,333	0	0	-1,409	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The decrease in the estimated burden hours is due to a recalculation of respondents.

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Annual Cost to Federal Government: $0

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: 01/08/2009

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