Integrated Postsecondary Education Data System (IPEDS) 2015-2016 Pension Liabilities Update

Forms and Documents

Document Name	Status
IPEDS 2015-16 Response to 30-day Public Comments.docx Supplementary Document	2016-02-17
IPEDS 2015-16 Response to 60-day Public Comments.docx Supplementary Document	2016-01-11
Part B IPEDS 2015-16 Pension Liabilities Update.docx Supporting Statement B	2015-11-23
Part A IPEDS 2015-16 Pension Liabilities Update.docx Supporting Statement A	2015-11-23
IPEDS 2015 Communication Materials.docx Supplementary Document	2015-11-23

IC Document Collections

IC ID	Document Title	Status
197240	Integrated Postsecondary Education Data System (IPEDS) 2015-2016 Pension Liabilities Update Other-IPEDS IC Fall Enrollment	Modified

ICR Details

OMB Control No: 1850-0582	ICR Reference No: 201511-1850-003
Status: Historical Active	Previous ICR Reference No: 201510-1850-001
Agency/Subagency: ED/IES	Agency Tracking No:
Title: Integrated Postsecondary Education Data System (IPEDS) 2015-2016 Pension Liabilities Update
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 02/17/2016
	Date Received in OIRA: 01/12/2016
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	02/28/2019	36 Months From Approved	05/31/2016
Responses	71,867	0	71,867
Time Burden (Hours)	1,050,870	0	1,050,870
Cost Burden (Dollars)	0	0	0

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Abstract: The Integrated Postsecondary Education Data System (IPEDS) is a web-based data collection system designed to collect basic data from all postsecondary institutions in the United States and the other jurisdictions. IPEDS enables The National Center of Education Statistics (NCES) to report on key dimensions of postsecondary education such as enrollments, degrees and other awards earned, tuition and fees, average net price, student financial aid, graduation rates, revenues and expenditures, faculty salaries, and staff employed. The IPEDS web-based data collection system was implemented in 2000-01, and it collects basic data from approximately 7,500 postsecondary institutions in the United States and the other jurisdictions that are eligible to participate in Title IV Federal financial aid programs. All Title IV institutions are required to respond to IPEDS (Section 490 of the Higher Education Amendments of 1992; P.L. 102-325). IPEDS allows other (non-title IV) institutions to participate on a voluntary basis. About 200 institutions elect to respond. IPEDS data are available to the public through the College Navigator and IPEDS websites. ED requested emergency clearance processing (approved in November 2015; OMB# 1850-0582 v.17), due to the Government Accounting Standards Board’s (GASB) revision of their reporting standards that also impacts reporting of some of the institutions in IPEDS, to revise the 2015-16 IPEDS Finance forms and continue the remaining parts of the 2015-16 IPEDS collection as previously approved (OMB# 1850-0582 v.13-15). As part of the emergency clearance, new screening question was added to the 2015-16 IPEDS Finance survey for institutions to indicate whether they have additional (or decreased) pension expense, additional pension liability (or assets), or additional deferral to report as a result of GASB Statement 68. For the institutions that answer “yes”, four fields have been added to collect the amounts of the additional (or decreased) expense, additional liability (or assets), deferred inflows of resources, and deferred outflows of resources. This submission extends the public comment period under regular approval process (with a 60-day followed by a 30-day public comment periods) on the revisions approved under the emergency clearance process (OMB# 1850-0582 v.17).

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Authorizing Statute(s): US Code: 20 USC 9543 Name of Law: Education Sciences Reform Act
   PL: Pub.L. 102 - 325 490 Name of Law: Higher Education Amendments of 1992
  

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:
	80 FR 26598	10/21/2015
30-day Notice:	Federal Register Citation:	Citation Date:
	81 FR 1407	01/12/2016
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
Integrated Postsecondary Education Data System (IPEDS) 2015-2016 Pension Liabilities Update

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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	71,867	71,867	0	0	0	0
Annual Time Burden (Hours)	1,050,870	1,050,870	0	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:

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Annual Cost to Federal Government: $9,300,000

Does this IC contain surveys, censuses, or employ statistical methods? Yes Part B of Supporting Statement

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]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

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: 01/12/2016

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