Fiscal Operations Report for 2014-2015 and Application to Participate 2016-2017 (FISAP) and Reallocation Form

ICR 201602-1845-002

OMB: 1845-0030

Federal Form Document

Forms and Documents
Document
Name
Status
Form
 Modified
Form
 Modified
Form
 Modified
Form
 Modified
Supporting Statement A
2016-04-13
IC Document Collections
IC ID
Document
Title
Status
196040 Modified
196038 Modified
189165 Modified
189164 Modified
ICR Details
1845-0030 201602-1845-002
Historical Active 201411-1845-007
ED/FSA
Fiscal Operations Report for 2014-2015 and Application to Participate 2016-2017 (FISAP) and Reallocation Form
Extension without change of a currently approved collection   No
Regular
Approved without change 05/27/2016
Retrieve Notice of Action (NOA) 04/18/2016
  Inventory as of this Action Requested Previously Approved
05/31/2019 36 Months From Approved 07/31/2016
4,223 0 4,304
86,022 0 85,080
0 0 0
The data submitted electronically in the Fiscal Operations Report and Application to Participate (FISAP) through FISAP on the Web is used by the Department of Education to determine the institution's funding need for the award year and monitor program effectiveness and accountability of fund expenditures. The Reallocation form is part of FISAP on the Web. The Higher Education Amendments (HEA) requires that if an institution anticipates not using all of its allocated funds for the Perkins, Federal Work Study (FWS), and Federal Supplemental Education Opportunity Grant (FSEOG) programs by the end of an award year, it must specify the anticipated remaining unused amount to the Secretary. In addition to renewing the expiration date, references to dates and award years dates have been updated on the forms and in the instructions for both documents. The FISAP form has been revised: 1) to use technology to gather existing data electronically from other sources requiring less data entry concerning Additional Institutions in Part I; 2) per discussions with OMB staff on 11/26/12 with concurrence on 11/30/12 to allow applicable aggregate level data entry concerning graduate and professional students for schools with non-traditional academic calendars; and 3) per OMB staff request and discussions on 8/21/12 with concurrence on 8/24/12, to expand the income grid in the Part VI summary to collect a more concise breakdown of student data at the aggregate level.
US Code: 20 USC 1087b Name of Law: Higher Education Act of 1965, as amended
  
None
Not associated with rulemaking
  81 FR 7328 02/11/2016
81 FR 22245 04/15/2016
No
  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 4,223 4,304 0 0 -81 0
Annual Time Burden (Hours) 86,022 85,080 0 0 942 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
The total annual hour burden has increased due to fluctuation in the number of respondents.
$2,999,952
No
No
No
No
No
Uncollected
Beth Grebeldinger 202 708-8242
  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.
04/18/2016
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