2015-2016 Federal Student Aid Application

ICR 201412-1845-005

OMB: 1845-0001

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Supplementary Document
2014-12-23
Justification for No Material/Nonsubstantive Change
2014-12-23
Supplementary Document
2014-11-19
Supplementary Document
2014-11-19
Supplementary Document
2014-08-27
Supplementary Document
2014-08-27
Supporting Statement A
2014-11-19
IC Document Collections
IC ID
Document
Title
Status
195111 Modified
ICR Details
1845-0001 201412-1845-005
Historical Active 201408-1845-007
ED/FSA
2015-2016 Federal Student Aid Application
No material or nonsubstantive change to a currently approved collection   No
Regular
Approved without change 12/23/2014
Retrieve Notice of Action (NOA) 12/23/2014
  Inventory as of this Action Requested Previously Approved
12/31/2017 12/31/2017 12/31/2017
44,992,857 0 44,992,857
24,083,155 0 24,083,155
0 0 0

Section 483 of the Higher Education Act of 1965, as amended (HEA), mandates that the Secretary of Education "…shall produce, distribute, and process free of charge common financial reporting forms as described in this subsection to be used for application and reapplication to determine the need and eligibility of a student for financial assistance...". The determination of need and eligibility are for the following title IV, HEA, federal student financial assistance programs: the Federal Pell Grant Program; the Campus-Based programs (Federal Supplemental Educational Opportunity Grant (FSEOG), Federal Work-Study (FWS), and the Federal Perkins Loan Program); the William D. Ford Federal Direct Loan Program; the Teacher Education Assistance for College and Higher Education (TEACH) Grant; and the Iraq and Afghanistan Service Grant. Federal Student Aid, an office of the U.S. Department of Education (hereafter "the Department"), subsequently developed an application process to collect and process the data necessary to determine a student's eligibility to receive title IV, HEA program assistance. The application process involves an applicant's submission of the Free Application for Federal Student Aid (FAFSA®). After submission of the FAFSA, an applicant receives a Student Aid Report (SAR), which is a summary of the data they submitted on the FAFSA. The applicant reviews the SAR, and, if necessary, will make corrections or updates to their submitted FAFSA data. Institutions of higher education listed by the applicant on the FAFSA also receive a summary of processed data submitted on the FAFSA which is called the Institutional Student Information Record (ISIR). The Department seeks OMB approval of all application components as a single ''collection of information". The aggregate burden will be accounted for under OMB Control Number 1845-0001. The specific application components, descriptions and submission methods for each are listed in Table one.

US Code: 20 USC 1090 Name of Law: Higher Education Act of 1965,
   PL: Pub.L. 89 - 329 401-495 Name of Law: null
  
None

Not associated with rulemaking

  79 FR 51144 08/27/2014
79 FR 68877 11/19/2014
Yes

  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 44,992,857 44,992,857 0 0 0 0
Annual Time Burden (Hours) 24,083,155 24,083,155 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
The Department is projecting a burden decrease of 2,081,212 hours. Since there are no substantive changes to the 2015-2016 FAFSA, the burden decrease is attributed to the 2,409,109 decrease in annual responses from the prior year; the burden decrease represents an adjustment and not a program change.

$79,310,763
No
Yes
No
No
No
Uncollected
Douglas Pineda Robles 202 377-4578 [email protected]

  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.
12/23/2014


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