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###### Department of Education

          - [Docket No.: ED-2024-SCC-0113]

# AGENCY:

Federal Student Aid (FSA), Department of Education (ED).

# ACTION:

Notice.

# SUMMARY:

In accordance with the Paperwork Reduction Act (PRA) of 1995, the Department is proposing an extension of a currently approved information collection request (ICR).

# DATES:

Interested persons are invited to submit comments on or before November 18, 2024.

# 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-2024-SCC-0113. 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, the Department will temporarily accept comments at                         *ICDocketMgr@ed.gov.*                         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 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 Manager of the Strategic Collections and Clearance Governance and Strategy Division, U.S. Department of Education, 400 Maryland Ave SW, LBJ, Room 4C210, Washington, DC 20202-1200.                    

# FOR FURTHER INFORMATION CONTACT:

For specific questions related to collection activities, please contact Beth Grebeldinger, (202) 570-8414.

# SUPPLEMENTARY INFORMATION:

The Department, 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. The Department is soliciting comments on the proposed information collection request (ICR) that is described below. The Department 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—Subpart K—Cash Management.                

*OMB Control Number:*                     1845-0106.                

*Type of Review:*                     Extension without change of a currently approved ICR.                

*Respondents/Affected Public:*                     State, Local, and Tribal Governments; Individuals or Households; Private Sector.                

*Total Estimated Number of Annual Responses:*                     2,503,922.                

*Total Estimated Number of Annual Burden Hours:*                     764,450.                

*Abstract:*                     The Department of Education (the Department) amended the Student Assistance General Provisions regulations issued under the Higher Education Act of 1965, as amended (HEA), to implement the changes made to the Student Assistance General Provisions regulations Subpart K Cash Management 668.164 Disbursing funds. These regulations are intended to ensure students and parents have convenient access to their Title IV, HEA program funds, do not incur unreasonable and uncommon financial account fees on these title IV funds and are not led to believe that they must open a particular financial account to receive their federal student aid. This request is for an extension of the information collection for the requirements that are contained in the regulations 668.164 Disbursing funds. The regulations require that an institution that makes direct payments to a student or parent by electronic funds transfer (EFT) and that chooses to enter into an arrangement described in 668.164(e) or (f), including an institution that uses a third-party servicer to make those payments, must establish a selection process under which the student chooses one of several options for receiving those Title IV, HEA fund payments. There has been no change to the regulations.                

Dated: September 12, 2024.

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. 2024-21147 Filed 9-17-24; 8:45 am]

BILLING CODE 4000-01-P