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
This requested change is due to
a combination of decrease in the number of schools participating
and a re-evaluation by the program office leading to a change and
standardization of annual reporting and record keeping hours. The
total annual reporting and record keeping hour burden has increased
by 8,894 hours to 94,916 from the current OMB inventory of 86,022.
There has been no change to the underlying statute or regulatory
language.
$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.
Fiscal Operations Report for 2016-2017 and Application to Participate 2018-2019 (FISAP) and Reallocation Form
OMB 83C_1110161845-0030.pdf
1845-0030 suppstatptA FISAP Reallocation 4 13 2016.docx
Fiscal Operations Report for 2016-2017 and Application to Participate 2018-2019 (FISAP) and Reallocation Form