2023-2024 Free Application for Federal Student Aid (FAFSA)
Revision of a currently approved collection
No
Regular
05/31/2022
Requested
Previously Approved
36 Months From Approved
08/31/2022
33,962,310
40,987,638
22,844,712
26,311,037
0
0
Section 483, of the Higher Education Act of 1965, as amended (HEA), mandates that the Secretary of Education ââ¦shall produce, distribute, and process free of charge common financial reporting forms as described in this subsection to be used for application and reapplication to determine the need and eligibility of a student for financial assistance...â. The determination of need and eligibility are for the following Title IV, HEA, federal student financial assistance programs: the Federal Pell Grant Program; the Campus-Based programs (Federal Supplemental Educational Opportunity Grant (FSEOG) and Federal Work-Study (FWS)); the William D. Ford Federal Direct Loan (Direct Loan) Program; the Teacher Education Assistance for College and Higher Education (TEACH) Grant; the Children of Fallen Heroes Scholarship and the Iraq and Afghanistan Service Grant. Federal Student Aid (FSA), an office of the U.S. Department of Education (hereafter âthe Departmentâ), subsequently developed an application process to collect and process the data necessary to determine a studentâs eligibility to receive Title IV, HEA program assistance. The application process involves an applicantâs submission of the Free Application for Federal Student Aid (FAFSA®). This is a request for revisions of a current information collection, and important changes to the FAFSA form are described separately in the two Summary of Enhancements to the 2023-24 Free Application for Federal Student Aid documents (one for general FAFSA changes, and one to describe web and mobile app specific changes).
US Code:
20 USC 1090
Name of Law: Higher Education Act of 1965,
The Department adjusted the data set used to calculate the burden projections. For 2023-2024 estimates, we utilized the 2020-2021 application cycle results, which offered a complete data set, to forecast individual burden. The Department believes this more accurately reflects and depicts our respondent universe. The Department is projecting a response decrease of 7,025,328. The Department is projecting a burden decrease of 3,466,325 hours. The burden decrease is attributed to two main reasons â a significant decrease in estimated corrections, and an enhanced and optimized electronic FAFSA form.
$29,616,481
No
Yes
Yes
No
No
No
No
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.