[Federal Register Volume 85, Number 124 (Friday, June 26, 2020)]
[Notices]
[Pages 38366-38367]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-13688]


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DEPARTMENT OF EDUCATION

[Docket No.: ED-2020-SCC-0050]


Agency Information Collection Activities; Submission to the 
Office of Management and Budget for Review and Approval; Comment 
Request; Request for Title IV Reimbursement or Heightened Cash 
Monitoring 2 (HCM2)

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 an extension of an existing information collection.

DATES: Interested persons are invited to submit comments on or before 
July 27, 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: Request for Title IV Reimbursement or 
Heightened Cash Monitoring 2 (HCM2).
    OMB Control Number: 1845-0089.
    Type of Review: A revision of an existing information collection.
    Respondents/Affected Public: Private Sector.
    Total Estimated Number of Annual Responses: 732.
    Total Estimated Number of Annual Burden Hours: 732.
    Abstract: The collection of this information is needed in order for 
the Payment Analysts in Federal Student Aid, an office of the U.S. 
Department of Education, to review and process the institutional 
payment request for Title IV funds. The Higher Education Act of 1965, 
as amended (HEA) requires that the Secretary prescribe regulations to 
ensure that any funds eligible postsecondary institutions receive under 
the HEA are used solely for the purposes specified in and in accordance 
with the provision of the applicable program. 34 CFR 668.161 and 
668.162 establish the rules and procedures for a participating 
institution to request, maintain, disburse, and manage Title IV program 
funds.


[[Page 38367]]


    Dated: June 22, 2020.
Kate Mullan,
PRA Coordinator, Strategic Collections and Clearance, Governance and 
Strategy Division, Office of Chief Data Officer, Office of Planning, 
Evaluation and Policy Development.
[FR Doc. 2020-13688 Filed 6-25-20; 8:45 am]
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