Student Assistance General Provisions - Student Right to Know (SRK)

ICR 201807-1845-003

OMB: 1845-0004

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2018-07-25
ICR Details
1845-0004 201807-1845-003
Historical Inactive 201612-1845-003
ED/FSA
Student Assistance General Provisions - Student Right to Know (SRK)
Revision of a currently approved collection   No
Regular
Comment filed on proposed rule and continue 11/02/2018
Retrieve Notice of Action (NOA) 07/31/2018
Pursuant to 5 CFR 1320.11(c), OMB files this comment on this information collection request (ICR). The agency shall examine public comment in response to the NPRM and will describe in the supporting statement of its next collection any public comments received regarding the collection as well as why (or why it did not) incorporate the commenter’s recommendation. The next submission to OMB must include the draft final rule.
  Inventory as of this Action Requested Previously Approved
12/31/2019 36 Months From Approved 12/31/2019
31,971 0 31,971
24,016 0 24,016
0 0 0

The Department of Education (the Department) proposes to amend the Student Assistance General Provisions regulations issued under the Higher Education Act of 1965, as amended (HEA), to implement changes made to the Student Assistance General Provisions regulations – Subpart D – Institutional and Financial Assistance Information for §668.41 - Reporting and disclosure of information. These proposed regulations are a result of negotiated rulemaking and would add new requirements to the current regulations. These proposed regulations require that institutions that use pre-dispute arbitration agreements or class action waivers as a condition of enrollment disclose that information to students, prospective students, and the public in an easily accessible format.

US Code: 20 USC 1092, 1094, 1099c Name of Law: Higher Education Act of 1998 amended
  
None

1840-AD26 Proposed rulemaking 83 FR 37242 07/31/2018

No

Yes
Changing Regulations
No
This request is to revise the currently approved information collection. These changes are due to the proposed regulations offered through program change. The increase in burden to this information collection is 4,720 hours based on an additional 5 hours of burden for an estimated 944 institutions. These institutions would have to update information about pre-dispute arbitration or class action lawsuit waivers that may be in use by the institutions and to make that information available to the public.

$0
No
    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.
07/31/2018


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