Cash Management Contract URL Collection

Forms and Documents

Document	Type	Status	Availability
Cash Management Contract URL Collection Form	Form and Instruction	New	Available
Cash Management Contract URL Collection Form	Form and Instruction	New	Available
Cash Management Contract URL Collection Form	Form and Instruction	New	Available
0005-CLindstrom-RT_10 12 2016.docx	Supplementary Document	Uploaded 2016-10-20	Repair queued
0004-PII negotiators-RT_10 12 2016.docx	Supplementary Document	Uploaded 2016-10-20	Available
Supporting_Statement_Part_A-30 day comment-10 17 2016.docx	Supporting Statement A	Uploaded 2016-10-20	Available

IC Document Collections

IC ID	Collection	Type	Status	Form
222290	Cash Management Contract URL Collection Form	Form and Instruction	New
222289	Cash Management Contract URL Collection Form	Form and Instruction	New
222288	Cash Management Contract URL Collection Form	Form and Instruction	New

ICR Details

OMB Control No: 1845-0147	ICR Reference No: 201607-1845-001
Status: Historical Active	Previous ICR Reference No:
Agency/Subagency: ED/FSA	Agency Tracking No:
Title: Cash Management Contract URL Collection
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: 01/12/2017
	Date Received in OIRA: 10/25/2016
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	01/31/2020	36 Months From Approved
Responses	914	0	0
Time Burden (Hours)	73	0	0
Cost Burden (Dollars)	0	0	0

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Abstract: The Department of Education (the Department) is seeking a new OMB control number for the collection of URLs hosting institutional contracts and contract data relating to campus banking agreements. This is a new requirement of the final Program Integrity and Improvement regulations published on October 30, 2015. When the Department added the requirement for institutions to post campus banking agreement contracts and contract data to their websites, consumer advocates requested that a central repository for these web addresses be made publicly available for research and comparison purposes. This database will allow interested parties, such as students, families, press, institutions, and researchers to easily access and compare banking agreements available at different institutions.

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Authorizing Statute(s): US Code: 20 USC 164(e)(f) Name of Law: Higher Education Act of 1965, as amended
  

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:
	81 FR 46072	07/15/2016
30-day Notice:	Federal Register Citation:	Citation Date:
	81 FR 73385	10/25/2016
Did the Agency receive public comments on this ICR? Yes

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Number of Information Collection (IC) in this ICR: 3

IC Title	Form No.	Form Name
Cash Management Contract URL Collection Form	N/A	N/A
Cash Management Contract URL Collection Form	N/A	N/A
Cash Management Contract URL Collection Form	N/A	N/A

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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	914	0	0	914	0	0
Annual Time Burden (Hours)	73	0	0	73	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: This is a new collection that is required by the final Program Integrity and Improvement regulations. It will result in approximately 73 total hours of burden. The Department estimates that it will take approximately 5 minutes to complete the form. This is based on the form’s brevity.

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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]? 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: 10/25/2016

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