1

ICRAS Tracking and OMB Number: (1403) 1845

- 0022 v9 Revised: 10 /2 2 /2013 RIN Number: XXXX

- XXXX (if applicable)
**SUPPORTING STATEMENT FOR PAPERWORK REDUCTION ACT SUBMISSION** 
**A. Justification** 1. Explain the circumstances that make the collection of information necessary . Identify any legal or administrative requirements that necessitate the c ollection. Attach a hard cop y of the appropriate section of each statute and regulation mandating or authorizing the collection of information , or you may provide a valid URL link or paste the applicable section 1 . Specify the review t ype of the collection (new, revision, extension, reinstatement with change, reinstatement without change) . If revised, briefl y specify the changes. If a rulemaking is involved, make note of the sections or changed sections, if applicable. This request is for a revision to th e current information collection in Office of Management and Budget (OMB) Control Number 1845
- 0022 that is expiring. This collection contains section s of the regulations at 34 CFR Part 668

– Student Assistance General Provisions. The regulations establish the standards to participate in the student financial aid assistance programs authorized b y Title I V of the Higher Education Act of 1965, (HEA), as amended. The se regulations establish institutional requirements in various areas of program administration. These regulations are an effo rt to minimize administrative burden for program participants, provide benefits to eligible Title I V, HEA program recipients, and protect the taxpay ers' interest from fraud and abuse of program funds

. While there are no statutory or regulatory

language changes to this section, w e are requesting that sections 34 CFR 668.23 and 668.24, which were previousl y included in the OMB information collection 1845
- 0038 , be made a part of OMB information collection 1845
- 0022. The above mention ed sections are located in Subpart B of Part 668, and the burden for both sections 668.23 and 668.24 are in OMB Contro l Number 1845
- 0022. I t was discovered that prior to the transfer of information collections from the Office of Postsecondary Education (OMB Control Number prefi x 1840) to Federal Student Aid (OMB Control Number prefix 1845) both sections 668.23 and 668.24 were part of a collection that transferred to 1845

- 0022. This correction will add 1,260 hours to the currently

approved burden in 1845

- 0022. 2. I ndicate how, by

whom, and for what purpose the information is to be used. Except for a new collection, indicate the actual use the agency has made of the information received from the current collection. There is no change to the purpose and use of the information. The information collected and reported in sections of Part 668

– Student Assistance General Provisions will continue to be used for institutional program participation and for student consumer information purposes. If we did not require the reporting and recordkeeping of

1 Please limit pasted text to no longer than 3 paragraphs.2

ICRAS Tracking and OMB Number: (1403) 1845

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- XXXX (if applicable) information in conjunction with the regulations identified below , we would not be able to ensure that the institutions are in compliance with the regulations. The following sections of Part 668

– Student Assistance General Provisions are currentl y approved with the OMB Control Number 1845

- 0022 and the Department is requesting the continued approval of these provisions. Subpart A

– General 34 CFR 668.3

– Academic y ear This section describes the requirements for an academic y ear for p rograms of study that will be eligible for Federal student aid. I t also provides definitions of terms and a method for requesting relief from the Secretary from the requirements of the academic y ear definition. 34 CFR 668.8

– Eligible program This sectio n defines the manner in which a program can be eligible to participate in the Federal student aid programs as determined by the ty pe and control of the institution. I t also provides the method of calculating completion and placement rates for programs as well as additional program and institutional requirements. Subpart B

– Standards for Participation in Title I V, HEA Programs 34 CFR 668.13

– Certification procedures This section defines the requirements for certification for institutions to participate i n Federal student aid programs, the period that an institution may be eligible to participate, eligibility for provisional certification and for the revocation of eligibility

. 34 CFR 668.14

– Program participation agreement This section specifies the requ irements and agreements made between the Secretary and an institution to participate in Federal student aid programs. 34 CFR 668.15

– Factors of financial responsibility This section identifies how the institution must demonstrate it meets the standards of financial responsibility

to participate in the Federal student aid programs, as well as the possible consequences of failing to meet the requirements. 34 CFR 668.16

– Standards of administrative capability This section identifies how the institution m ust demonstrate that it is administratively capable of participating in the Federal student aid programs, as well as the possible consequences of failing to meet the requirements. 34 CFR 668.19

– Financial aid history This section describes the steps the institution must take to ensure that Federal student aid program funds are onl y delivered to students who previously attended an eligible institution and continue to meet eligibility criteria by

reviewing records made available by the Secretary

.3

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- XXXX (if applicable) 34 CFR 668.22

– Treatment of title IV finds when a student withdraws This section describes the steps the institution must take in determining the eligibility of and amount of Federal student aid a student who has withdrawn from all courses before the conclusion of the academic period may retain and what must be repaid by either the institution, the student , or both. 34 CFR 668.23

– Compliance audits and audited financial statements T his section identifies who and how an institution must provide compliance audits and financial statements to ensure that Federal student aid funds are being obtained and utilized consistent with the statute and the implementing regulations. 34 CFR 668.24

– Record retention and examination This section identifies the ty pes of records that an institution must maintain to document its eligibility

to participate in Federal student aid programs, the eligibility of specific institutional programs to participate in Federal student aid programs, its admin istration of those aid programs, its financial responsibility , and its delivery of Federal student aid to eligible students. 34 CFR 668.25

– Contracts between an institution and a third

- party servicer This section establishes minimum requirements for contracts between an institution and any third

- part y that it contracts with to perform any aspect of the administration of the programs that would normally be performed by

the institution. 34 CFR 668.26

– End of an in stitution’s participation in the Title I V, HEA programs This section identifies the circumstances and requirements of an institution that closes, ceases to provide instruction or loses its eligibility to participate in Federal student aid programs. Subpar t D

– Institutional and Financial Assistance Information for Students 34 CFR 668.42

– Financial assistance information This section identifies the ty pes and manner of information about Federal student aid available at the institution that must be disclosed to various parties who may participate in Federal student aid programs at the institution. 34 CFR 668.43

– In stitutional information This section identifies the ty pes and manner of information about various aspects of the institution that must be disclos ed to parties who are or may wish to enroll in programs at the institution. 34 CFR 668.46

– In stitutional securit y policies and crime statistics This section identifies the ty pes and manner of information about securit y policies and procedures as well as statistics of the ty pes of crimes that took place at the institution that must be disclosed to parties who are or may wish to enroll in programs at the institution.4

ICRAS Tracking and OMB Number: (1403) 1845

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- XXXX (if applicable) Subpart G

– Fine, Limitation, Suspension and Termination Proceedings 34 CFR 668.90

– In itial and final decisions This section provides for an institution’s and a third

- part y servicer’s appeal, in writing to the Secretary , of a hearing official’s initial decision of a fine, limitation, suspension or termination hearing. 34 CFR 668.96

– Rei nstatement after termination This section stipulates the procedures that an institution or third

- party servicer , whose participation in Federal student aid programs has been terminated, must follow to be reinstated as a participating institution or third

- party servicer. Subpart H

– Appeal Procedures for Audit Determinations and Program Review Determination 34 CFR 668.113

– Request for review Thi s section stipulated the procedures that an institution or third

- party servicer must follow to request a review by the Secretary

of a final audit or final program review determination. Subpart L

– Financial Responsibility 34 CFR 668. 171

– General This se ction describes the general standards institutions must meet to demonstrate it is financiall y responsible to participate in the Federal student aid programs. 34 CFR 668.172

– Financial ratios This section describes the method used to calculate the institu tion’s composite score. 34 CFR 668.173

– Refund reserve standards This section describes the method used to determine if an institution has sufficient cash reserves to meet the requirements for the timel y return of Federal student aid program funds. 34 C FR 668.174

– Past performance This section describes how an institution’s past performance, or that of a person affiliated with the institution, will affect its ability to meet the general financial responsibility requirements to participate in the Federal student aid programs 34 CFR 668.175

– Alternative standards and requirements This section describes how an institution that is not financially responsible under the general standards may

begin or continue to participate in the Federal student aid program s under the alternate standards of letters of credit or zone alternatives. Subpart M

– Two Year Cohort Default Rates 34 CFR 668.181

– Purpose of this subpart This section describes the uses of the calculated cohort default rate for an institution. 34 CFR 668.182

– Definitions of terms used in this subpart This section describes the terms used in relation to the calculation of the cohort default rate for an institution.5

ICRAS Tracking and OMB Number: (1403) 1845

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- XXXX (if applicable)
34 CFR 668.183

– Calculating and apply ing cohort default rates This section describes the methods used to identify the borrowers in repayment and in default, who are included in a specific cohort. 34 CFR 668.184

– Determining cohort default rates for institutions that have undergone a change in status This section describes the methods use d to establish a cohort default rate for institutions that have undergone acquisition or merged, those who have acquired branches or additional locations, and those branches or locations that became freestanding. 34 CFR 668.185

– Draft cohort default rates and your ability to challenge before official cohort default rates are issued. This section discusses how an institution will receive draft cohort default rates and the methods that can be used to challenge the rate prior to official rates being calc ulated and released. 34 CFR 668.186

– Notice of your official cohort default rate This section describes how institutions will receive official cohort default rates and provides the timeframe for submitting challenges to the data. 34 CFR 668.187

– Conseq uences of cohort default rates on your ability to participate in Title I V, HEA programs This section discusses how an institution that loses its eligibility to participate in specific Federal student aid programs and how an institution may regain its eligi bility

. 34 CFR 668.188

– Preventing evasion of the consequences of cohort default rates This section discusses how institutions may be affected b y the loss of eligibility at another institution under common ownership or management. 34 CFR 668.189

– Gener al requirements for adjusting official cohort default rates and for appealing their consequences This section describes how institutions may request adjustments to or appeal their official cohort default rate. 34 CFR 668.190

– Uncorrected data adjustments This section describes the eligibility to raise this defense to correct an official cohort default rate. 34 CFR 668.191

– New data adjustments This section describes the eligibility to raise this defense to correct an official cohort default rate. 34 CF R 668.192

– Erroneous data appeals This section describes the eligibility to raise this defense to correct an official cohort default rate.6

ICRAS Tracking and OMB Number: (1403) 1845

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- XXXX (if applicable) 34 CFR 668.193

– Lo an servicing appeals This section describes the eligibility to raise this defense to correct an official cohort default rate. 34 CFR 668.194

– Economically disadvantaged appeals This section describes the eligibility to raise this defense to correct an official cohort default rate. 34 CFR 668.195

– Participation rate index appeals This section des cribes the eligibility to raise this defense to correct an official cohort default rate. 34 CFR 668.196

– Average rate appeals This section describes the eligibility to raise this defense to correct an official cohort default rate. 34 CFR 668.197

– Thirt y - or - fewer borrower appeals This section describes the eligibility to raise this defense to correct an official cohort default rate. 3. Describe whether, and to what extent, the collection of information involves the use of automated, electronic, mechanical, or other technological collection techniques or forms of information technology , e.g. permitting electronic submission of responses, and the basis for the decision of adopting this means of collection. Also describe an y consideration given to using technology

to reduce burden. Institutions may

use available technology to transmit documents to and from the U.S. Department of Education and Federal student aid recipients. There are no legal prohibitions to the use of technology in this collecti on activity

. Institutions are expected to follow the required encry ption of personally

identifiable information when utilizing electronic transmission of such data. 4. Describe efforts to identify duplication. Show specificall y wh y an y similar informat ion alread y available cannot be used or modified for use for the purposes described in I tem 2 above. The current requirements are minimal and avoid duplication. There is no similar information available that can be used or modified for this purpose at thi s time. 5. If the collection of information impacts small businesses or other small entities, describe any methods used to minimize burden. A small entit y may be (1) a small business which is deemed to be one that is independently owned and operated and that is not dominant in its field of operation; (2) a small organization that is any not - for

- profit enterprise that is independently owned and operated and is not dominant in its field; or (3) a small government jurisdiction, which is a government of a cit y, count y, town, township, school district, or special district with a population of less than 50,000. No small businesses are affected b y this information collection.7

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- XXXX (if applicable) 6. Describe the consequences to Federal program or policy activities if the collection is not conducted or is conducted less frequentl y, as well as an y technical or legal obstacles to reducing burden. Recordkeeping and reporting requirements are imposed to assure accountability of program participants for proper program administr ation and less frequent collection could impair accountabilit y of program participants. 7. Explain any

special circumstances that would cause an information collection to be conducted in a manner:

 requiring respondents to report information to the agency more often than quarterl y;  requiring respondents to prepare a written response to a collection of information in fewer than 30 day s after receipt of it;
 requiring respondents to submit more than an original and two copies of any document;
 requiring respon dents to retain records, other than health, medical, government contract, grant - in

- aid, or tax records for more than three y ears;  in connection with a statistical survey , that is not designed to produce valid and reliable results than can be generalized to the universe of study ;  requiring the use of a statistical data classification that has not been reviewed and approved b y OMB;
 that includes a pledge of confidentiality that is not supported by

authority established in statute or regulation, that is not su pported by disclosure and data security policies that are consistent with the pledge, or that unnecessaril y i mpedes sharing of data with other agencies for compatible confidential use; or
 requiring respondents to submit proprietary trade secrets, or other confidential information unless the agency can demonstrate that it has instituted procedures to protect the information’s confidentiality to the extent permitted by law. The collection of this information will be conducted in a manner that is consistent w ith the guidelines in 5 CFR 1320.5(d)(2). 8. As applicable, state that the Department has published the 60 and 30 Federal Register notices as required b y 5 CFR 1320.8(d), soliciting comments on the information collection prior to submission to OMB. Summariz e public comments received in response to that notice and describe actions taken b y the agency in response to these comments. Specifically address comments received on cost and hour burden. Describe efforts to consult with persons outside the agency to o btain their views on the availability

of data, frequency

of collection, the clarity

of instruction and record keeping, disclosure, or reporting format (if an y), and on the data elements to be recorded, disclosed, or reported. Consultation with representat ives of those from whom information is to be obtained or those who must compile records should occur at least once every 3 y ears
– even if the collection of information activity

is the same as in prior periods. There may be circumstances that may preclude consultation in a specific situation. These circumstances should be explained.8

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- XXXX (if applicable) There has been no change to the underl yi ng statutory or regulatory

language. There will be a 30

- day

and a 60

- day notice in the Federal Register seeking public comment on the se burden calculations. 9. Explain any

decision to provide any

pay ment or gift to respondents, other than remuneration of contractors or grantees with meaningful justification

. No pay ments or gifts are provided to the respondents. 10. Describe an y assur ance of confidentiality provided to respondents and the basis for the assurance in statute, regulation, or agency policy . If personally

identifiable information (PII) is being collected, a Privacy Act statement should be included on the instrument. Please provide a citation for the Sy stems of Record Notice and the date a Privacy I mpact Assessment was completed as indicated on the I C Data Form . A confidentiality statement with a legal citation that authorizes the pledge of confidentiality should be provided. 2 If the collection is subject to the Privacy Act, the Privacy

Act statement is deemed sufficient with respect to confidentiality . I f there is no expectation of confidentiality , simply state that the Department make s no pledge about the confidentiall y of t he data. There is no assurance of confidentiality provided to institutions for the submission of this information. 11. Provide additional justification for an y questions of a sensitive nature, such as sexual behavior and attitudes, religious beliefs, and other matters that are commonly considered private. The justification should include the reasons wh y t he agency considers the questions necessary , the specific uses to be made of the information, the explanation to be given to persons from whom the infor

mation is requested, and an y steps to be taken to obtain their consent. The Department is not requesting an y s ensitive data. 12. Provide estimates of the hour burden of the collection of information. The statement should:

 Indicate the number of respond ents by affected public ty

pe (federal government, individuals or households, private sector

– businesses or other for

- profit, private sector

– not - for

- profit institutions, farms, state, local or tribal governments), frequency of response, annual hour burde n, and an explanation of how the burden was estimated, including identification of burden t ype: recordkeeping, reporting or third party disclosure. All narrative should be included in item 12. Unless directed to do so, agencies should not conduct special survey s to obtain information on which to base hour burden estimates. Consultation with a sample (fewer than 10) of potential respondents is desirable. If the hour burden on respondents is expected to vary widel y because of differences in activity , size, or complexity , show the range of estimated
2 Requests for this information are in accordance with the follow ing ED and OMB policies: Privacy Act of 1974, OMB Circular A

- 108

– Privacy Act Implementation

– Guidelines and Responsibilities, OMB Circular A

- 130 Appendix I

– Federal Agency Responsibilities for Maintaining Records About Individuals, OMB M

- 03
- 22

– OMB Guidance for Implementing the Privacy Provisions of the E

- Government Act of 2002, OMB M

- 06
- 15

– Safeguarding Personally Identifiable Information, OM:6

- 104

– Privacy Act of 1974 (Collection, Use a nd Protection of Personally Identifiable Information)9

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- XXXX (if applicable)

hour burden, and explain the reasons for the variance. Generall y, estimates should not include burden hours for customary and usual business practices.
 If this request for approval covers more than one form, pro vide separate hour burden estimates for each form and aggregate the hour burdens in the ROCI S IC Burden Analy sis Table. (The table should at minimum include Respondent types, IC activity , Respondent and Responses, Hours/Response, and Total Hours)
 Provide estimates of annualized cost to respondents of the hour burdens for collections of information, identify ing and using appropriate wage rate categories. The cost of contracting out or pay ing outside parties for information collection activities should not be included here. Instead, this cost should be included in I tem 14.
Current Burden Totals Respondents Responses Hours 904,176 1,321,882 2,137,060 As noted in I tem 1, the Department is requesting the addition of the respondents (36), responses (36) and hours (1,260) currentl y identified for 34 CFR 668.23 and 668.24 in OMB information collection 1845

- 0038 and transfer them to OMB information collection 1845
- 0022. This will increase the current burden associated with these section in this collection as follows: New Revised Burden Totals Respondents Responses Hours 904,212 1,321,918 2,13 8 , 32 0 This is the new starting point for the distribution of the respondents, responses and hours for the OM information collection 1845

- 0022 shown below and the Department is requesting the continued approval of these respondents, responses and hours. Subpart A

– General 34 CFR 668.3

– Academic y ear Respondents Responses Hours For profit institutions 4,192 7,847 2,100 Not
- for profit institutions

3,473 6,502 1,740 Public institutions 4,312 8,071 2,160 34 CFR 668.8

– Eligible program Respondents Responses Hours For profit institutions 4,192 7,847 6,590 Not
- for profit institutions

3,473 6,502 5,460 Public institutions10

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- XXXX (if applicable)

4,312 8,071 6,779 Subpart B

– Standards for Participation in Title I V, HEA Programs 34 CFR 668.13

– Certification procedures Respondents Responses Hours F or profit institutions 4,192 7,847 10 Not
- for profit institutions

3,473 6,502 9 Public institutions 4,312 8,071 11 34 CFR 668.14

– Program participation agreement Respondents Responses Hours For profit institutions 4,192 7,847 32,648 Not
- for profit institutions

3,473 6,502 27,051 Public institutions 4,312 8,071 33,581 34 CFR 668.15

– Factors of financial responsibility Respondents Responses Hours For profit institutions 4,192 7,847 857 Not
- for profit institutions

3,473 6,502 710 Public institutions 4,312 8,071 881 34 CFR 668.16

– Standards of administrative capability Respondents Responses Hours For profit institutions 4,192 7,847 18,194 Not
- for profit institutions

3,473 6,502 15,075 Public institutions 4,312 8,071 18,713 34 CFR 668.19

– Financial aid history Respondents Responses H ours For profit institutions 4,192 7,847 1,027 Not
- for profit institutions

3,473 6,502 851 Public institutions 4,312 8,071 1,056 34 CFR 668.22

– Treatment of title IV finds when a student withdraws11

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- XXXX (if applicable)

Respondents Responses Hours Individuals 45,075 425,075 318,806 For profit institutions 4, 210 7,8 62 147,779 Not
- for profit institutions

3, 503 6,50 6 122,446 Public institutions 4, 321 8,0 95 152,001 34 CFR 668.23

– Compliance audits and audited financial statements Respondents Responses Hours For profit institutions 4,192 7,847 3,836 Not
- for profit institutions

3,473 6,502 3,178 Public institutions 4,312 8,071 3,946 34 CFR 668.24

– Record retention and examination Respondents Responses Hours For profit institutions 4,192 7,847 279,602 Not
- for profit institutions

3,473 6,502 231,671 Public institutions 4,312 8,071 287,591 34 CFR 668.25

– Contracts between an institution and a third

- party servicer Respondents Responses Hours For profit institutions 4,192 7,847 1,750 Not
- for profit institutions

3,473 6,502 1,450 Public institutio ns 4,312 8,071 1,800
34 CFR 668.26

– End of an institution’s participation in the Title I V, HEA programs Respondents Responses Hours For profit institutions 4,192 7,847 420 Not
- for profit institutions

3,473 6,502 348 Public institutions 4,312 8,071 432 Subpart D

– Institutional and Financial Assistance Information for Students12

ICRAS Tracking and OMB Number: (1403) 1845

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- XXXX (if applicable) 34 CFR 668.42

– Financial assistance information Respondents Responses Hours For profit institutions 4,192 7,847 10,412 Not
- for profit institutions

3,473 6,502 8,628 Public institutions 4,312 8,071 10,710 34 CFR 668.43

– In stitutional information Respondents Responses Hours For profit institutions 4,192 7,847 26,095 Not
- for profit institutions

3,473 6,502 21,621 Public institutions 4,312 8,071 26,840 34 CFR 668.46

– In stitutional securit y policies and crime statistics Respondents Responses Hours For profit institutions 4,192 7,847 93,761 Not
- for profit institutions

3,473 6,502 77,687 Public institutions 4,312 8,071 96,440 Subpart G

– Fine, Limitation, Suspension and Termination Proceedings 34 CFR 668.90

– In itial and final decisions Respondents Responses Hours For profit institutions 4,192 7,847 1,769 Not
- for profit institutions

3,473 6,502 1,466 Public institutions 4,312 8,071 1,820
34 CFR 668.96

– Reinstatement after termination Respondents Responses Hours For profit institutions 4,192 7,847 2 6 6 Not
- for profit institutions

3,473 6,502 220 Public institutions 4,312 8,071 27413

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- XXXX (if applicable) Subpart H

– Appe al Procedures for Audit Determinations and Program Review Determination 34 CFR 668.113

– Request for review Respondents Responses Hours For profit institutions 4,192 7,847 84 Not
- for profit institutions

3,473 6,502 70 Public institutions 4,312 8,071 86 Subpart L

– Financial Responsibility 34 CFR 668.171

– General Respondents Responses Hours For profit institutions 4,192 7,847 193 Not
- for profit institutions

3,473 6,502 160 Public institutions 4,312 8,071 199 34 CFR 668.172

– Financial ratios Respondents Responses Hours For profit institutions 4,192 7,847 193 Not
- for profit institutions

3,473 6,502 160 Public institutions 4,312 8,071 199 34 CFR 668.173

– Refund reserve standards Respondents Responses Hours For profit institutions 4,192 7,847 193 Not
- for profit institutions

3,473 6,502 160 Public institutions 4,312 8,071 199 34 CFR 668.174

– Past performance Respondents Responses Hours For profit institutions 4,192 7,847 193 Not
- for profit institutions

3,473 6,502 160 Public institutions 4,312 8,071 19914

ICRAS Tracking and OMB Number: (1403) 1845

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- XXXX (if applicable) 34 CFR 668.175

– Alternative standards and requirements Respondents Responses Hours For profit institutions 4,192 7,847 193 Not
- for profit institutions

3,473 6, 502 160 Public institutions 4,312 8,071 199 Subpart M

– Two Year Cohort Default Rates 34 CFR 668.181

– Purpose of this subpart Respondents Responses Hours For profit institutions 4,192 7,847 510 Not
- for profit institutions

3,473 6,502 422 Public institutions 4,312 8,071 524 34 CFR 668.182

– Definitions of terms used in this subpart Respondents Responses Hours For profit institutions 4,192 7,847 510 Not
- for profit institutions

3,473 6,502 422 Public institutions 4,312 8,071 524 34 CFR 668.183

– Calculating and apply ing cohort default rates Respondents Responses Hours For profit institutions 4,192 7,847 510 Not
- for profit institutions

3,473 6,502 422 Public institutions 4,312 8,071 524 34 CFR 668.184

– Determining cohort default rates for institutions that have undergone a change in status Respondents Responses Hours For profit institutions 4,192 7,847 510 Not
- for profit institutions

3,473 6,502 422 Public institutions 4,312 8,071 52415

ICRAS Tracking and OMB Number: (1403) 1845

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- XXXX (if applicable) 34 CFR 668.185

– Draft cohort default rates and your ability to challenge before official cohort default rates are issued. Respondents Responses Hours For profit institutions 4,192 7,847 510 Not
- for profit institutions

3,473 6,502 422 Public institutions 4,312 8,0 71 524 34 CFR 668.186

– Notice of your official cohort default rate Respondents Responses Hours For profit institutions 4,192 7,847 510 Not
- for profit institutions

3,473 6,502 422 Public institutions 4,312 8,071 524 34 CFR 668.187

– Consequences of cohort default rates on your ability to participate in Title I V, HEA programs Respondents Responses Hours For profit institutions 4,192 7,847 510 Not
- for profit insti tutions

3,473 6,502 422 Public institutions 4,312 8,071 524 34 CFR 668.188

– Preventing evasion of the consequences of cohort default rates Respondents Responses Hours For profit institutions 4,192 7,847 510 Not
- for profit institutions

3,473 6,502 422 Public institutions 4,312 8,071 524 34 CFR 668.189

– General requirements for adjusting official cohort default rates and for appealing their consequences Respond ents Responses Hours For profit institutions 4,192 7,847 510 Not
- for profit institutions

3,473 6,502 422 Public institutions 4,312 8,071 52416

ICRAS Tracking and OMB Number: (1403) 1845

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- XXXX (if applicable) 34 CFR 668.190

– Uncorrected data adjustments Respondents Responses Hours For profit institutions 4,192 7,847 510 Not
- for profit institutions

3,473 6,502 422 Public institutions 4,312 8,071 524 34 CFR 668.191

– New data adjustments Respondent

s Responses Hours For profit institutions 4,192 7,847 510 Not
- for profit institutions

3,473 6,502 422 Public institutions 4,312 8,071 524 34 CFR 668.192

– Erroneous data appeals Respondents Responses Hours For profit institutions 4,192 7,847 510 Not
- for profit institutions

3,473 6,502 422 Public institutions 4,312 8,071 524 34 CFR 668.193

– Lo an servicing appeals Respondents Response s Hours For profit institutions 4,192 7,847 510 Not
- for profit institutions

3,473 6,502 422 Public institutions 4,312 8,071 524 34 CFR 668.194

– Economically disadvantaged appeals Respondents Resp onses Hours For profit institutions 4,192 7,847 510 Not
- for profit institutions

3,473 6,502 422 Public institutions 4,312 8,071 52417

ICRAS Tracking and OMB Number: (1403) 1845

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- XXXX (if applicable) 34 CFR 668.195

– Participation rate index appeals Respondents Responses Hours For profit institutions 4,192 7,847 510 Not
- for profit institutions

3,473 6,502 422 Public institutions 4,312 8,071 524 34 CFR 668.196

– Average rate appeals Respondents Responses Hours For profit institutions 4,192 7,847 510 Not
- for profit institutions

3,473 6,502 422 Public institutions 4,312 8,071 524 34 CFR 668.197

– Thirty

- or - fewer borrower appeals Respondents Respons es Hours For profit institutions 4,192 7,847 510 Not
- for profit institutions

3,473 6,502 422 Public institutions 4,312 8,071 524 Th is total for information collection 1845
- 0022 includ es the transfer of hours from 1845

- 0038: Respondents Responses Hours

904,212 1,321,918 2,138,320 13. Provide an estimate of the total annual cost burden to respondents or record keepers resulting from the collection of information. ( Do not include the cost of any hour burden shown in I tems 12 and 14.)

 The cost estimate should be split into two components: (a) a total capital and start

- up cost component (annualized over its expected useful life); and (b) a total operation and maintena nce and purchase of services component. The estimates should take into account costs associated with generating, maintaining, and disclosing or providing the information. I nclude descriptions of methods used to estimate major cost factors including s ys te m and technology acquisition, expected useful life of capital equipment, the discount rate(s), and the time period over which costs will be incurred. Capital and start - up costs include, among other items, preparations for collecting information such as pu rchasing computers and software; monitoring, sampling, drilling and testing equipment; and acquiring and maintaining record storage facilities.
 If cost estimates are expected to vary widel y, agencies should present ranges of cost burdens and explain the re asons for the variance. The cost of contracting out information18

ICRAS Tracking and OMB Number: (1403) 1845

- 0022 v9 Revised: 10 /2 2 /2013 RIN Number: XXXX

- XXXX (if applicable) collection services should be a part of this cost burden estimate. In developing cost burden estimates, agencies may consult with a sample of respondents (fewer than 10), utilize the 60

- day pre - OMB submission public comment process and use existing economic or regulatory

impact anal ys is associated with the rulemaking containing the information collection, as appropriate.
 Generally , estimates should not include purchases of equipment or servic es, or portions thereof, made: (1) prior to October 1, 1995, (2) to achieve regulatory compliance with requirements not associated with the information collection, (3) for reasons other than to provide information or keep records for the government or (4) as part of customary and usual business or private practices. Also, these estimates should not include the hourly costs (i.e., the monetization of the hours) captured above in Item 12 Total Annualized Capital/Startup Cost : Total Annual Costs (O&M) :

____________________ Total Annualized Costs Requested : There is no start - up cost associated with these regulations. 14. Provide estimates of annualized cost to the Federal government. Also, provide a description of the method used to estimate cost, which should include quantification of hours, operational expenses (such as equipment, overhead, printing, and support staff), and any other expense that would not have been incurred without this collection of information. Agencies also may aggregate cost estimates from I tems 12, 13, and 14 in a single table. There are no additional costs to the Federal government as a result of the regulations. 15. Explain the reasons for an y program changes or adjustments. Generally, adjustments in burden result from re

- estimating burden a nd/or from economic phenomenon outside of an agency ’s control (e.g., correcting a burden estimate or an organic increase in the size of the reporting universe). Program changes result from a deliberate action that materiall y changes a collection of informa tion and generally are result of new statute or an agency action (e.g., changing a form, revising regulations, redefining the respondent universe, etc.). Burden changes should be disaggregated by t ype of change (i.e., adjustment, program change due to new statute, and/or program change due to agency discretion), ty

pe of collection (new, revision, extension, reinstatement with change, reinstatement without change) and include totals for changes in burden hours , responses and cost s (if applicable)

. There is no new statutory or regulatory language in this adjustment. This revised collection is caused b y the requested adjustment increase of 36 respondents and responses and 1,260 hours due to the transfer of section 34 CFR 668.23 and 668.24 from 1845

- 0 038 to 1845
- 0022 to correct an error made when information collections were transferred from 1840 to 1845 series. There is no other change to the prior burden assessment. 16. For collections of information whose results will be published, outline plans f or tabulation and publication. Address any complex analy

tical techniques that will be used. Provide the time schedule for the entire project, including beginning and ending dates of the collection of information, completion of report, publication dates, and other actions.19

ICRAS Tracking and OMB Number: (1403) 1845

- 0022 v9 Revised: 10 /2 2 /2013 RIN Number: XXXX

- XXXX (if applicable) The results of the collection of information will not be published. 17. If seeking approval to not display the expiration date for OMB approval of the information collection, explain the reasons that display would be inappropriate. Th e Department is not seeking this approval. 18. Explain each exception to the certification statement identified in the Certification of Paperwork Reduction Act. The Department is not requesting an y exceptions to the “Certification of Paperwork Reduction Act Submissions”.