[Federal Register Volume 87, Number 100 (Tuesday, May 24, 2022)]
[Notices]
[Page 31545]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-11143]


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DEPARTMENT OF EDUCATION

[Docket No. ED-2022-SCC-0071]


Agency Information Collection Activities; Comment Request; 
Financial Report for the Endowment Challenge Grant Program and 
Institutional Service Endowment Activities

AGENCY: Office of Postsecondary Education (OPE), 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 without change of a currently approved 
collection.

DATES: Interested persons are invited to submit comments on or before 
July 25, 2022.

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-2022-SCC-0071. 
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. If the regulations.gov 
site is not available to the public for any reason, ED will temporarily 
accept comments at [email protected]. Please include the docket ID 
number and the title of the information collection request when 
requesting documents or submitting comments. 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 PRA 
Coordinator of the Strategic Collections and Clearance Governance and 
Strategy Division, U.S. Department of Education, 400 Maryland Ave. SW, 
LBJ, Room 6W208D, Washington, DC 20202-8240.

FOR FURTHER INFORMATION CONTACT: For specific questions related to 
collection activities, please contact Beverly Baker, 202-453-6162.

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: Financial Report for the Endowment Challenge 
Grant Program and Institutional Service Endowment Activities.
    OMB Control Number: 1840-0564.
    Type of Review: An extension without change of a currently approved 
collection.
    Respondents/Affected Public: Private Sector.
    Total Estimated Number of Annual Responses: 2,500.
    Total Estimated Number of Annual Burden Hours: 3,125.
    Abstract: This financial reporting form will be utilized for Title 
III Part A, Title III Part B and Title V Program Endowment Activities 
and Title III Part C Endowment Challenge Grant Program. The purpose of 
this Financial Report is to have the grantees report annually the kinds 
of investments that have been made, the income earned and spent, and 
whether any part of the Endowment Fund Corpus has been spent. This 
information allows us to give technical assistance and determine 
whether the grantee has complied with the statutory and regulatory 
investment requirements.

    Dated: May 19, 2022.
Kun 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. 2022-11143 Filed 5-23-22; 8:45 am]
BILLING CODE 4000-01-P