[Federal Register Volume 85, Number 64 (Thursday, April 2, 2020)]
[Notices]
[Page 18570]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-06893]



[[Page 18570]]

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DEPARTMENT OF EDUCATION

[Docket No.: ED-2019-ICCD-0161]


Agency Information Collection Activities; Submission to the 
Office of Management and Budget for Review and Approval; Comment 
Request; EZ-Audit: Electronic Submission of Financial Statements and 
Compliance Audits

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

ACTION: Notice.

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

DATES: Interested persons are invited to submit comments on or before 
May 4, 2020.

ADDRESSES: Written comments and recommendations for proposed 
information collection requests should be sent within 30 days of 
publication of this notice to www.reginfo.gov/public/do/PRAMain. Find 
this particular information collection request by selecting 
``Department of Education'' under ``Currently Under Review,'' then 
check ``Only Show ICR for Public Comment'' checkbox.

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 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: EZ-Audit: Electronic Submission of Financial 
Statements and Compliance Audits.
    OMB Control Number: 1845-0072.
    Type of Review: A revision of an existing information collection.
    Respondents/Affected Public: State, Local, and Tribal Governments; 
Individuals or Households; Private Sector Total Estimated Number of 
Annual Responses: 6,632.
    Total Estimated Number of Annual Burden Hours: 6,603.
    Abstract: eZ-Audit is a web-based process designed to facilitate 
the submission of compliance and financial statement audits, expedite 
the review of those audits by the Department, and provide more timely 
and useful information to public, non-profit and proprietary 
institutions regarding the Department's review. eZ-Audit establishes a 
uniform process under which all institutions submit directly to the 
Department any audit required under the Title IV, HEA program 
regulations. The revisions to this collection is a result of 
enhancements made to the current system to collect the compliance 
audits/financial statements in the appropriate format (e.g. revised 
question text and required uploads) from the foreign institutions that 
are required to submit audits in accordance to the Department's 
regulations and to allow electronic submission of compliance audits/
financial statements from the entities identified above. Revisions to 
financial statements information are to meet the new borrower defense 
regulations.

    Dated: March 30, 2020.
Kate Mullan,
PRA Coordinator, Strategic Collections and Clearance Governance and 
Strategy Division, Office of Chief Data Officer.
[FR Doc. 2020-06893 Filed 4-1-20; 8:45 am]
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