[Federal Register Volume 76, Number 35 (Tuesday, February 22, 2011)]
[Notices]
[Pages 9787-9788]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-3803]


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DEPARTMENT OF HEALTH AND HUMAN SERVICES

Administration for Children and Families


Proposed Information Collection Activity; Comment Request

Proposed Projects

    Title: AFI Financial Education Practices and Cost Study.
    OMB No.: New collection.
    Description: The Office of Community Services (OCS) within the 
Administration for Children and Families is conducting a descriptive 
study of Financial Education Practices among Assets for Independence 
(AFI) grantees to increase its knowledge about current practices in 
financial education for AFI participants and the costs involved to 
provide the financial education.
    The Assets for Independence program is a national demonstration 
through which OCS awards grants to community-based nonprofit 
organizations, and State, local, and tribal government agencies 
nationwide. The AFI program is authorized in Section 402 of the 
Community Opportunities, Accountability, and Training and Educational 
Services Act of 1998 (Title IV of Pub. L. 105-285). Grantees implement 
five year projects that empower low-income families and individuals to 
save earned income and purchase an economic asset as a means for 
becoming economically self-sufficient. Grantees provide eligible low-
income individuals and families access to matched savings accounts, 
known as individual development accounts (IDAs). In addition, grantees 
provide asset-building services to program participants, such as 
financial literacy education, and specialized asset-specific training 
regarding asset purchase and ownership.
    This data collection effort will provide OCS with a better 
understanding of the future needs of AFI grantees in financial 
education and help OCS to build strategies to strengthen the quality of 
the financial education provided to AFI participants. The data 
collection will be collected once through two instruments: The Survey 
of Financial Education Practices of AFI Grantees and the AFI Financial 
Education Cost Data Form.
    The Survey of Financial Education Practices of AFI Grantees will be 
a Web-based survey consisting mainly of multiple choice questions. All 
current AFI grantees (approximately 300 grantees) will be asked to 
complete the survey. The AFI Financial Education Cost Data Form is a 
supplement to the grantee practices survey. A smaller sample of 
grantees (approximately 35 grantees) representing a variety of 
organizational types will be randomly selected to complete this 
supplemental survey on the costs of providing financial education. The 
Cost Data Form will be sent to grantees to complete and technical 
assistance will be provided to grantees to help them complete the form.
    Specific areas to be covered in this study include: Topics covered 
by financial education; formats used in delivering financial education; 
assessment tools that are used to determine participant needs and 
effectiveness of training efforts; challenges encountered in providing 
financial education; training materials used; costs and sources of 
funding for training; strategies for tracking participant progress in 
developing financial skills; and participant outcomes related to 
financial education.
    Respondents: 292 AFI grantee agencies, their partners or sub-
grantees, 72 AFI grantee agencies, their partners or sub-grantees' 
financial personnel.

[[Page 9788]]



                                             Annual Burden Estimates
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                                                                     Number of        Average
                   Instrument                        Number of     responses per   burden hours    Total burden
                                                    respondents     respondent     per response        hours
----------------------------------------------------------------------------------------------------------------
AFI Grantee Agencies and Partners...............             292               1               1             292
AFI Grantee Agencies, Partners and Financial                  72               1               2             144
 Personnel......................................
----------------------------------------------------------------------------------------------------------------

    Estimated Total Annual Burden Hours: 436.
    In compliance with the requirements of Section 3506(c)(2)(A) of the 
Paperwork Reduction Act of 1995, the Administration for Children and 
Families is soliciting public comment on the specific aspects of the 
information collection described above. Copies of the proposed 
collection of information can be obtained and comments may be forwarded 
by writing to the Administration for Children and Families, Office of 
Administration, Office of Information Services, 370 L'Enfant Promenade, 
SW., Washington, DC 20447, Attn: ACF Reports Clearance Officer. E-mail 
address: [email protected]. All requests should be identified 
by the title of the information collection.
    The Department specifically requests comments on: (a) Whether the 
proposed collection of information is necessary for the proper 
performance of the functions of the agency, including whether the 
information shall have practical utility; (b) the accuracy of the 
agency's estimate of the burden of the proposed collection of 
information; (c) the quality, utility, and clarity of the information 
to be collected; and (d) ways to minimize the burden of the collection 
of information on respondents, including through the use of automated 
collection techniques or other forms of information technology. 
Consideration will be given to comments and suggestions submitted 
within 60 days of this publication.

Robert Sargis,
Reports Clearance Officer.
[FR Doc. 2011-3803 Filed 2-18-11; 8:45 am]
BILLING CODE 4184-01-P