OMB files this
comment in accordance with 5 CFR 1320.11( c ). This OMB action is
not an approval to conduct or sponsor an information collection
under the Paperwork Reduction Act of 1995. This action has no
effect on any current approvals. If OMB has assigned this ICR a new
OMB Control Number, the OMB Control Number will not appear in the
active inventory. For future submissions of this information
collection, reference the OMB Control Number provided. Resubmit
when proposed rule is finalized.
Inventory as of this Action
Requested
Previously Approved
36 Months From Approved
0
0
0
0
0
0
0
0
0
The Secretary proposes to amend the
Student Assistance General Provisions by adding Subpart Q to Part
668, to establish measures for determining whether certain
postsecondary educational programs lead to gainful employment in
recognized occupations, and the conditions under which these
educational programs remain eligible for student financial
assistance programs authorized under Title IV of the Higher
Education Act of 1965, as amended (HEA). In general, the proposed
requirements establish various metrics such as debt to earnings
rates and program cohort default rates to determine whether a
gainful employment (GE) program may continue to participate in the
title IV, HEA programs. Institutions have the opportunity to
correct the data, challenge the data, and appeal the data under
these proposed regulations. Institutions with GE programs must
report information about all students in GE programs. As a result
of the metrics, institutions may be required to provide enrolled
students and prospective students with disclosures and/or warnings
regarding the metrics of completers and about students who withdrew
from the GE program.
US Code:
20
USC 1070 Name of Law: the Higher Education Act of 1965, as
amended (HEA)
This is a new information
collection. The program change and increase in burden is due to the
addition of Subpart Q of 34 CFR Part 668. It is the result of
Negotiated Rulemaking.
$0
No
No
No
No
No
Uncollected
Dan Klock 202 377-4026
No
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.