[Federal Register Volume 84, Number 21 (Thursday, January 31, 2019)]
[Notices]
[Pages 678-679]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-00377]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF EDUCATION

[Docket No.: ED-2018-ICCD-0111]


Agency Information Collection Activities; Submission to the 
Office of Management and Budget for Review and Approval; Comment 
Request; Student Assistance General Provisions--Non-Title IV Revenue 
Requirements (90/10)

AGENCY: Federal Student Aid (FSA), Department of Education (ED).

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: In accordance with the Paperwork Reduction Act of 1995, ED is 
proposing an extension of an existing information collection.

DATES: Interested persons are invited to submit comments on or before 
March 4, 2019.

ADDRESSES: To access and review all the documents related to the 
information collection listed in this notice, please use http://www.regulations.gov by searching the Docket ID number ED-2018-ICCD-
0111. Comments submitted in response to this notice should be submitted 
electronically through the Federal eRulemaking Portal at http://www.regulations.gov by selecting the Docket ID number or via postal 
mail, commercial delivery, or hand delivery. Please note that comments 
submitted by fax or email and those submitted after the comment period 
will not be accepted. Written requests for information or comments 
submitted by postal mail or delivery should be addressed to the 
Director of the Information Collection Clearance Division, U.S. 
Department of Education, 550 12th Street SW, PCP, Room 9086, 
Washington, DC 20202-0023.

FOR FURTHER INFORMATION CONTACT: For specific questions related to 
collection activities, please contact Beth Grebeldinger, 202-377-4018.

SUPPLEMENTARY INFORMATION: The Department of Education (ED), in 
accordance with the Paperwork Reduction Act of 1995 (PRA) (44 U.S.C. 
3506(c)(2)(A)), provides the general public and Federal agencies with 
an opportunity to comment on proposed, revised, and continuing 
collections of information. This helps the Department assess the impact 
of its information collection requirements and minimize the public's 
reporting burden. It also helps the public understand the Department's 
information collection requirements and provide the requested data in 
the desired format. ED is soliciting comments on the proposed 
information collection request (ICR) that is described below. The 
Department of

[[Page 679]]

Education is especially interested in public comment addressing the 
following issues: (1) Is this collection necessary to the proper 
functions of the Department; (2) will this information be processed and 
used in a timely manner; (3) is the estimate of burden accurate; (4) 
how might the Department enhance the quality, utility, and clarity of 
the information to be collected; and (5) how might the Department 
minimize the burden of this collection on the respondents, including 
through the use of information technology. Please note that written 
comments received in response to this notice will be considered public 
records.
    Title of Collection: Student Assistance General Provisions--Non-
Title IV Revenue Requirements (90/10).
    OMB Control Number: 1845-0096.
    Type of Review: An extension of an existing information collection.
    Respondents/Affected Public: Private Sector.
    Total Estimated Number of Annual Responses: 1,872.
    Total Estimated Number of Annual Burden Hours: 2,808.
    Abstract: As enacted by the Higher Education Opportunity Act (Pub. 
L. 110-315), the regulations in 34 CFR 668.28 provide that a 
proprietary institution must derive at least 10% of its annual revenue 
from sources other than Title IV, HEA funds, sanctions for failing to 
meet this requirement, and otherwise implement the statute by (1) 
specifying a Net Present Value (NPV) formula used to establish the 
revenue for institutional loans, (2) providing an administratively 
easier alternative to the NPV calculation, and (3) describing more 
fully the non-Title IV eligible programs from which revenue may be 
counted for 90/10 purposes. The regulations require an institution to 
disclose in a footnote to its audited financial statements the amounts 
of Federal and non-Federal revenues, by category, that it used in 
calculating its 90/10 ratio (see section 487(d) of the HEA). This is a 
request to extend the information collection that identifies the 
reporting burden for this regulation.

    Dated: January 28, 2019.
Kate Mullan,
Acting Director, Information Collection Clearance Division, Office of 
the Chief Privacy Officer, Office of Management.
[FR Doc. 2019-00377 Filed 1-30-19; 8:45 am]
 BILLING CODE 4000-01-P