Student Assistance General Provisions - Non-Title IV Revenue Requirements (90/10)

Forms and Documents

Document	Type	Status	Availability
Student Assistance General Provisions - Non-Title IV Revenue Requirements 90/10	Form and Instruction	New	Available
102909b.pdf	Supplementary Document	Uploaded 2009-11-20	Available
Supporting Statement 1845 NEW2 rev 102709 GP Non T4 Revenue 90 10.doc	Supporting Statement A	Uploaded 2009-10-28	Available

IC Document Collections

IC ID	Collection	Type	Status	Form
190093	Student Assistance General Provisions - Non-Title IV Revenue Requirements 90/10	Form and Instruction	New

ICR Details

OMB Control No: 1845-0096	ICR Reference No: 200907-1845-020
Status: Historical Active	Previous ICR Reference No:
Agency/Subagency: ED/FSA	Agency Tracking No: 4076
Title: Student Assistance General Provisions - Non-Title IV Revenue Requirements (90/10)
Type of Information Collection: New collection (Request for a new OMB Control Number)	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 12/30/2009
	Date Received in OIRA: 11/02/2009
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	12/31/2012	36 Months From Approved
Responses	2,067	0	0
Time Burden (Hours)	3,088	0	0
Cost Burden (Dollars)	0	0	0

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Abstract: The regulations establish the requirements under which a proprietary institution of higher education must derive at least ten percent of its annual revenue from resources other than Title IV HEA funds, and implements the Net Present Value formula and its alternative calculation prescribed by the statute and implemented through these regulations.

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Authorizing Statute(s): US Code: 20 USC 1085 Name of Law: Higher Education Act of 1965, as amended
  

Citations for New Statutory Requirements: PL: Pub.L. 110 - 315 487 Name of Law: Higher Education Opportunity Act

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
1840-AC99	Final or interim final rulemaking	74 FR 55902	10/29/2009

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	74 FR 43101	08/26/2009
30-day Notice:	Federal Register Citation:	Citation Date:
	74 FR 56188	10/30/2009
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
Student Assistance General Provisions - Non-Title IV Revenue Requirements 90/10	N/A	Student Assistance General Provisions - Non-Title IV Revenue Requirements 90/10

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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	2,067	0	2,067	0	0	0
Annual Time Burden (Hours)	3,088	0	3,088	0	0	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: This is a new collection, thus all burden is considered new

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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)? No

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: 11/02/2009

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