Federal Register / Vol. 77, No. 149 / Thursday, August 2, 2012 / Notices 46069 

1See Financial Education Core Competencies; 

Comment Request, Dept. of Treasury, Federal 

Register, Vol. 75, No. 165, pp. 52596–52597 

(Thursday, August 26, 2010) (avail. at: http:// 

www.gpo.gov/fdsys/pkg/FR–2010–08–26/pdf/2010– 

21305.pdf). 

BUREAU OF CONSUMER FINANCIAL 

PROTECTION 

[Docket No. CFPB–2012–0030] 

Request for Information on Effective 

Financial Education 

AGENCY: Bureau of Consumer Financial 

Protection. 

ACTION: Notice and request for 

information. 

SUMMARY: The Dodd-Frank Wall Street 

Reform and Consumer Protection Act of 

2010 (‘‘Dodd-Frank’’) established the 

Office of Financial Education (‘‘OFE’’) 

within the Bureau of Consumer 

Financial Protection (‘‘CFPB’’) to 

develop and launch initiatives that will 

educate consumers and help them make 

better informed financial decisions. The 

CFPB’s OFE seeks public comment on 

effective financial education 

approaches—including tools, topics and 

dissemination strategies—that will help 

improve consumers’ financial decisionmaking capabilities. 

DATES: Comments must be received on 

or before October 31, 2012. 

ADDRESSES: You may submit comments, 

identified by Docket No. CFPB–2012– 

0030, by any of the following methods: 

• Electronic: http:// 

www.regulations.gov. Follow the 

instructions for submitting comments. 

• Mail/Hand Delivery/Courier: 

Monica Jackson, Office of the Executive 

Secretary, Consumer Financial 

Protection Bureau, 1700 G Street NW., 

Washington, DC 20552. 

Instructions: The CFPB encourages 

the early submission of comments. All 

submissions must include the agency 

name, document title and docket 

number. Please note the number of the 

question you are answering at the top of 

each response (you do not need to 

answer all questions). In general, all 

comments received will be posted 

without change to http:// 

www.regulations.gov. In addition, 

comments will be available for public 

inspection and copying at 1700 G Street 

NW., Washington, DC 20552, on official 

business days between the hours of 

10 a.m. and 5 p.m. Eastern Time. You 

can make an appointment to inspect the 

documents by telephoning (202) 435– 

7275. All comments, including 

attachments and other supporting 

materials, will become part of the public 

record and subject to public disclosure. 

Sensitive personal information such as 

account numbers or Social Security 

numbers should not be included. 

Comments will not be edited to remove 

any identifying or contact information. 

FOR FURTHER INFORMATION CONTACT: For 

general inquiries and submission 

process questions, please contact 

Monica Jackson, Assistant Executive 

Secretary, Office of the Executive 

Secretary, at (202) 435–7275. For 

financial education questions, please 

contact Dubis Correal, Strategic 

Partnerships and Outreach Coordinator, 

Office of Financial Education, at (202) 

435–7937. 

SUPPLEMENTARY INFORMATION: The 

CFPB’s OFE seeks public comment on 

effective financial education approaches 

that create opportunities for consumers 

to improve their financial decision 

making capabilities. OFE is interested in 

promoting innovation to assist 

consumers in solving common, discrete 

financial decision-making problems 

where behavioral approaches could be 

valuable. Some of these common 

financial decisions could be facilitated 

by a number of approaches that 

specifically address the behavioral 

impediments to progress. The questions 

listed below reflect one or more of the 

areas mentioned above. Please feel free 

to respond to any or all of the questions 

below and please be sure to indicate in 

your comments on which questions you 

are commenting. Comments could 

include, where appropriate, specific 

examples or related research and/or 

program evaluation that illustrate your 

comments. 

1. In your experience, what are 

consumers’ most common financial 

decision-making challenges? 

2. Is there a common set (or lack) of 

habits, attitudes, or practices, and if so, 

what are they? 

3. What are the major challenges in 

providing financial education that 

would help adult consumers address the 

issues identified in questions 1 and 2, 

and that would lead to good financial 

outcomes for recipients? 

4. Given the five core areas 1 (earning, 

spending, saving and investing, 

borrowing, and protecting) identified by 

the Financial Literacy and Education 

Commission in 2010, what skills are 

most helpful for building capability in 

the areas of spending, savings and 

borrowing? What information on these 

and other topics should the CFPB 

further develop and disseminate? 

5. How might CFPB effectively 

disseminate financial literacy and 

education resources that will help 

consumers build the necessary skills to 

achieve good financial outcomes? 

6. What financial education tools, 

topics, or practices designed to help 

consumers improve their own financial 

decision-making lead to measurable 

outcomes? 

7. What research in behavioral 

economics or other academic fields— 

published or still in process—provides 

insight into financial education 

approaches that can help consumers 

achieve their own financial goals? 

Dated: July 27, 2012. 

Garry Reeder, 

Chief of Staff, Bureau of Consumer Financial 

Protection. 

[FR Doc. 2012–18830 Filed 8–1–12; 8:45 am] 

BILLING CODE 4810–AM–P 

BUREAU OF CONSUMER FINANCIAL 

PROTECTION 

Proposed Guidelines for Ensuring and 

Maximizing the Quality, Objectivity, 

Utility, and Integrity of Information 

Disseminated by the Bureau of 

Consumer Financial Protection 

AGENCY: Bureau of Consumer Financial 

Protection. 

ACTION: Notice of availability; request 

for comment. 

SUMMARY: This document announces the 

availability of the Bureau of Consumer 

Financial Protection (Bureau or CFPB’s) 

guidelines to ensure and maximize the 

quality, objectivity, utility, and integrity 

of information disseminated by the 

Bureau. These guidelines also detail the 

administrative mechanisms developed 

by the Bureau to allow affected persons 

to seek and obtain appropriate 

correction of information maintained 

and disseminated by the Bureau that 

does not comply with the Office of 

Management and Budget (OMB) or the 

Bureau guidelines. This notice also 

provides an opportunity for public 

comment on the Bureau’s guidelines. 

DATES: To be considered, comments 

must be received by September 4, 2012. 

ADDRESSES: You may submit comments, 

identified by the title of this notice, by 

any of the following methods: 

• Electronic: 

CFPB_IQ_Submissions@cfpb.gov. 

• Mail/Hand Delivery/Courier: 

Monica Jackson, Consumer Financial 

Protection Bureau, 1700 G Street NW., 

Washington, DC 20552. 

Comments will be available for public 

inspection and copying at 1700 G Street 

NW., Washington, DC 20552, on official 

business days between the hours of 

10 a.m. and 5 p.m. Eastern Time. You 

can make an appointment to inspect the 

documents by telephoning (202) 435– 

7275. All comments, including 

attachments and other supporting 

materials, will become part of the public 

mstockstill on DSK4VPTVN1PROD with NOTICES

46070 Federal Register / Vol. 77, No. 149 / Thursday, August 2, 2012 / Notices 

record and subject to public disclosure. 

Sensitive personal information, such as 

account numbers or social security 

numbers, should not be included. 

Comments will not be edited to remove 

any identifying or contact information. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information 

should be directed to Christopher 

Willey, Chief Information Officer, 

Consumer Financial Protection Bureau, 

(202) 435–7741. 

SUPPLEMENTARY INFORMATION: This 

notice and the Bureau’s guidelines are 

required by section 515 of the Treasury 

and General Government 

Appropriations Act for FY 2001 (Pub. L. 

106–554) and the OMB Guidelines 

published on January 3, 2002, at 67 FR 

369–378 (reprinted February 5, 2002, at 

67 FR 5365). The Bureau’s draft report 

is available for public inspection at the 

Bureau’s Web site, 

www.consumerfinance.gov. 

Dated: July 19, 2012. 

Richard Cordray, 

Director, Bureau of Consumer Financial 

Protection. 

[FR Doc. 2012–18828 Filed 8–1–12; 8:45 am] 

BILLING CODE 4810–AM–P 

DEPARTMENT OF EDUCATION 

Applications for New Awards; State 

Personnel Development Grants (SPDG) 

Program 

AGENCY: Office of Special Education and 

Rehabilitative Services, Department of 

Education. 

ACTION: Notice. 

Overview Information: 

State Personnel Development Grants 

(SPDG) Program 

Notice Inviting Applications for New 

Awards for Fiscal Year (FY) 2012. 

Catalog of Federal Domestic Assistance 

(CFDA) Number: 84.323A. 

DATES:

Applications Available: August 2, 

2012. 

Deadline for Transmittal of 

Applications: September 4, 2012. 

Full Text of Announcement 

I. Funding Opportunity Description 

Purpose of Program: The purpose of 

this program, authorized by the 

Individuals with Disabilities Education 

Act (IDEA), is to assist State educational 

agencies (SEAs) in reforming and 

improving their systems for personnel 

preparation and professional 

development in early intervention, 

educational, and transition services in 

order to improve results for children 

with disabilities. 

Priorities: This notice contains two 

absolute priorities and one competitive 

preference priority. 

Absolute Priorities: Priority 1 is from 

the notice of final priorities and 

definitions for this program, published 

elsewhere in this issue of the Federal 

Register. In accordance with 34 CFR 

75.105(b)(2)(iv), Priority 2 is from 

sections 651 through 655 of IDEA. 

For FY 2012 and any subsequent year 

in which we make awards from the list 

of unfunded applicants from this 

competition, these priorities are 

absolute priorities. Under 34 CFR 

75.105(c)(3), we consider only 

applications that meet both of these 

priorities. 

These priorities are: 

Priority 1—Effective and Efficient 

Delivery of Professional Development. 

The Assistant Secretary for Special 

Education and Rehabilitative Services 

establishes a priority to assist SEAs in 

reforming and improving their systems 

for personnel (as that term is defined in 

section 651(b) of IDEA) preparation and 

professional development of individuals 

providing early intervention, 

educational, and transition services in 

order to improve results for children 

with disabilities. 

In order to meet this priority an 

applicant must demonstrate in the 

SPDG State Plan it submits as part of its 

application under section 653(a)(2) of 

IDEA that its proposed project will— 

(1) Use evidence-based (as defined in 

this notice) professional development 

practices that will increase 

implementation of evidence-based 

practices and result in improved 

outcomes for children with disabilities; 

(2) Provide ongoing assistance to 

personnel receiving SPDG-supported 

professional development that supports 

the implementation of evidence-based 

practices with fidelity (as defined in this 

notice); and 

(3) Use technology to more efficiently 

and effectively provide ongoing 

professional development to personnel, 

including to personnel in rural areas 

and to other populations, such as 

personnel in urban or high-need local 

educational agencies (LEAs) (as defined 

in this notice). 

Absolute Priority 2—State Personnel 

Development Grants. 

Statutory Requirements. To meet this 

priority, an applicant must meet the 

following statutory requirements: 

1. State Personnel Development Plan. 

An applicant must submit a State 

Personnel Development Plan that 

identifies and addresses the State and 

local needs for the personnel 

preparation and professional 

development of personnel, as well as 

individuals who provide direct 

supplementary aids and services to 

children with disabilities, and that— 

(a) Is designed to enable the State to 

meet the requirements of section 

612(a)(14) and section 635(a)(8) and (9) 

of IDEA; 

(b) Is based on an assessment of State 

and local needs that identifies critical 

aspects and areas in need of 

improvement related to the preparation, 

ongoing training, and professional 

development of personnel who serve 

infants, toddlers, preschoolers, and 

children with disabilities within the 

State, including— 

(1) Current and anticipated personnel 

vacancies and shortages; and 

(2) The number of preservice and 

inservice programs; 

(c) Is integrated and aligned, to the 

maximum extent possible, with State 

plans and activities under the 

Elementary and Secondary Education 

Act of 1965, as amended (ESEA); the 

Rehabilitation Act of 1973, as amended; 

and the Higher Education Act of 1965, 

as amended (HEA); 

(d) Describes a partnership agreement 

that is in effect for the period of the 

grant, which agreement must specify— 

(1) The nature and extent of the 

partnership described in accordance 

with section 652(b) of IDEA and the 

respective roles of each member of the 

partnership, including, if applicable, an 

individual, entity, or agency other than 

the SEA that has the responsibility 

under State law for teacher preparation 

and certification; and 

(2) How the SEA will work with other 

persons and organizations involved in, 

and concerned with, the education of 

children with disabilities, including the 

respective roles of each of the persons 

and organizations; 

(e) Describes how the strategies and 

activities the SEA uses to address 

identified professional development and 

personnel needs will be coordinated 

with activities supported with other 

public resources (including funds 

provided under Part B and Part C of 

IDEA and retained for use at the State 

level for personnel and professional 

development purposes) and private 

resources; 

(f) Describes how the SEA will align 

its personnel development plan with the 

plan and application submitted under 

sections 1111 and 2112, respectively, of 

the ESEA; 

(g) Describes strategies the SEA will 

use to address the identified 

professional development and 

personnel needs and how such 

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