Fiscal Operations Report for 2025-2026 and Application to Participate 2027-2028 (FISAP) and Reallocation Form

Forms and Documents

Document Name	Status

No forms / supporting documents in this ICR. Check IC Document Collections.

IC Document Collections

IC ID	Document Title	Status
196038	Fiscal Operations Report for 2024-2025 and Application to Participate 2026-2027 (FISAP) and Reallocation Form (Private-Proprietary) Form	Modified
189165	Fiscal Operations Report for 2025-2026 and Application to Participate 2027-2028 (FISAP) and Reallocation Form (Private-NFP) Form	Modified
189164	Fiscal Operations Report for 2025-2026 and Application to Participate 2027-2028 (FISAP) and Reallocation Form (Public) Form	Modified

ICR Details

OMB Control No: 1845-0030	ICR Reference No: 202512-1845-007
Status: Received in OIRA	Previous ICR Reference No: 202501-1845-002
Agency/Subagency: ED/FSA	Agency Tracking No: ED-2025-SCC-1339
Title: Fiscal Operations Report for 2025-2026 and Application to Participate 2027-2028 (FISAP) and Reallocation Form
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular	Date Submitted to OIRA: 03/27/2026

	Requested	Previously Approved
Expiration Date	36 Months From Approved	03/31/2026
Responses	3,691	3,778
Time Burden (Hours)	84,756	88,626
Cost Burden (Dollars)	0	0

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Abstract: The Higher Education Act of 1965, as amended, requires participating Title IV institutions to apply for funds and report expenditures for the Federal Perkins Loan (Perkins), the Federal Supplemental Educational Opportunity Grant (FSEOG) and the Federal Work-Study (FWS) Programs on an annual basis. The data submitted electronically in the Fiscal Operations Report and Application to Participate (FISAP) 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 data is used in conjunction with institutional program reviews to assess the administrative capability and compliance of the applicant. There are no other resources for collecting this data. The HEA requires that if an institution anticipates not using all of its allocated funds for the FWS, and FSEOG programs by the end of an award year, it must specify the anticipated remaining unused amount to the Secretary, who reduces the institution’s allocation accordingly.

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Authorizing Statute(s): US Code: 20 USC 1087b 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:
	91 FR 1531	01/14/2026
30-day Notice:	Federal Register Citation:	Citation Date:
	91 FR 14831	03/27/2026
Did the Agency receive public comments on this ICR? No

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

IC Title	Form No.	Form Name
Fiscal Operations Report for 2024-2025 and Application to Participate 2026-2027 (FISAP) and Reallocation Form (Private-Proprietary)	NA, NA	NA ,   NA
Fiscal Operations Report for 2025-2026 and Application to Participate 2027-2028 (FISAP) and Reallocation Form (Private-NFP)	NA, NA	NA ,   NA
Fiscal Operations Report for 2025-2026 and Application to Participate 2027-2028 (FISAP) and Reallocation Form (Public)	NA, NA	NA ,   NA

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ICR Summary of Burden

	Total Request	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	3,691	3,778	0	-87	0	0
Annual Time Burden (Hours)	84,756	88,626	0	-3,870	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

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

Burden Increase Due to:

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

Burden Reduction Due to: Miscellaneous Actions

Short Statement: This is a request for renewal. The Department has updated the number of responses and burden hours based on respondent participation in the most recent FISAP from October 2025 for a total of 3,691 responses and 84,756 burden hours. This is a decrease of 87 responses and a decrease of 3,870 burden hours.

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Annual Cost to Federal Government: $1,809,877

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     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? No

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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: 03/27/2026

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