[Federal Register Volume 87, Number 6 (Monday, January 10, 2022)]
[Notices]
[Page 1130]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-00201]


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DEPARTMENT OF EDUCATION

[Docket No.: ED-2021-SCC-0150]


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.

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SUMMARY: In accordance with the Paperwork Reduction Act of 1995, ED is 
proposing a revision of a currently approved collection.

DATES: Interested persons are invited to submit comments on or before 
February 9, 2022.

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 information collection request by selecting ``Department of 
Education'' under ``Currently Under Review,'' then check ``Only Show 
ICR for Public Comment'' checkbox. Comments may also be sent to 
[email protected].

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: Student Assistance General Provisions--Non-
Title IV Revenue Requirements (90/10).
    OMB Control Number: 1845-0096.
    Type of Review: A revision of a currently approved collection.
    Respondents/Affected Public: Private Sector.
    Total Estimated Number of Annual Responses: 10.
    Total Estimated Number of Annual Burden Hours: 5.
    Abstract: 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, identifies sanctions for 
failing to meet this requirement, and otherwise implement the statute. 
An institution discloses 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).
    The publication of final regulations on September 2, 2020, removed 
section 668.285(b) regarding Net Present Value in the calculation of 
the 90/10 ratio and reserved this subparagraph as of the effective date 
of the regulation, July 1, 2021. With the cancellation of the 
requirement to calculate the Net Present Value, we are revising the 
current information collection to estimate the burden for the reporting 
of the sanction to the Department only.
    This request is to revise the currently approved a information 
collection package, OMB Control Number 1845-0096, to include burden 
hours based on section 668.28(c) Sanctions. The information collection 
requirements in the regulations are necessary to determine eligibility 
to receive program benefits and to prevent fraud and abuse of program 
funds.

    Dated: January 5, 2022.
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. 2022-00201 Filed 1-7-22; 8:45 am]
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