81 FR 68002 - Agency Information Collection Activities; Submission to the Office of Management and Budget for Review and Approval; Comment Request; Designation as an Eligible Institution Under the Title III and Title V Programs and To Request a Waiver of the Non-Federal Cost Share Reimbursement (1894-0001)
DEPARTMENT OF EDUCATION Federal Register Volume 81, Issue 191 (October 3, 2016)
Federal Register Volume 81, Issue 191 (October 3, 2016)
| Page Range | 68002-68003 | |
| FR Document | 2016-23775 |
[Federal Register Volume 81, Number 191 (Monday, October 3, 2016)] [Notices] [Pages 68002-68003] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2016-23775] ----------------------------------------------------------------------- DEPARTMENT OF EDUCATION [Docket No.: ED-2016-ICCD-0103] Agency Information Collection Activities; Submission to the Office of Management and Budget for Review and Approval; Comment Request; Designation as an Eligible Institution Under the Title III and Title V Programs and To Request a Waiver of the Non-Federal Cost Share Reimbursement (1894-0001) AGENCY: Office of Postsecondary Education (OPE), Department of Education (ED). ACTION: Notice. ----------------------------------------------------------------------- SUMMARY: In accordance with the Paperwork Reduction Act of 1995 (44 U.S.C. chapter 3501 et seq.), ED is proposing an extension of an existing information collection. DATES: Interested persons are invited to submit comments on or before November 2, 2016. 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-2016-ICCD- 0103. 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. 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 Director of the Information Collection Clearance Division, U.S. Department of Education, 400 Maryland Avenue SW., LBJ, Room 2E-347, Washington, DC 20202-4537. FOR FURTHER INFORMATION CONTACT: For specific questions related to collection activities, please contact Jason Cottrell, 202-453-7530. 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: Designation As An Eligible Institution Under the Title III and Title V Programs and to Request A Waiver of the Non- Federal Cost Share Reimbursement (1894-0001). OMB Control Number: 1840-0103. Type of Review: An extension of an existing information collection. Respondents/Affected Public: State, Local, and Tribal Governments; Private Sector. Total Estimated Number of Annual Responses: 250. Total Estimated Number of Annual Burden Hours: 1,750. Abstract: This collection of information is necessary in order for the Secretary of Education to designate an institution of higher education eligible to apply for funding under Title III, Part A and Title V of the Higher Education Act of 1965, as amended. An institution must apply to the Secretary to be designated as an eligible institution. The programs authorized include the Strengthening Institutions, Alaskan Native and Native Hawaiian-Serving Institutions, Asian-American and Native American Pacific Islander-Serving Institutions, Native American Serving Institutions, Hispanic-Serving Institutions, Hispanic-Serving Institutions (Science, Technology, Engineering and Math and Articulation), Promoting Postbaccalaureate Opportunities for Hispanic Americans, and Predominantly Black Institutions Programs. These programs award discretionary grants to eligible institutions of higher education so that they might increase their self-sufficiency by improving academic programs, institutional management and fiscal stability. This collection of information is gathered electronically by the Department for the purpose of determining an institution's eligibility to participate in the Title III and Title V programs based on its enrollment of needy students and low average educational and general (E&G) expenditures per full-time equivalent undergraduate student. This collection also allows an institution to request a waiver of certain non-Federal cost-share requirements under Federal Work-Study Program, Federal Supplemental Educational Opportunity Grant, Student Support Services Program and the Undergraduate International Studies and Foreign Language Program. The collection is paired with a computational exercise that results in the simultaneous publication of an Eligibility Matrix, a listing of postsecondary institutions potentially eligible to apply for grants in the Institutional Service grant programs. Criteria derived from applicable legislation and regulations are applied to enrollment and financial data from Department sources to determine the eligibility of each institution for each program. Only those institutions that either do not meet the financial criteria or do not appear in the eligibility matrix need to go through the application process. The results of the application process are a determination of eligibility for grant application and waiver, and updated information on institutional eligibility which is added to the EM. [[Page 68003]] Dated: September 28, 2016. Kate Mullan, Acting Director, Information Collection Clearance Division, Office of the Chief Privacy Officer, Office of Management. [FR Doc. 2016-23775 Filed 9-30-16; 8:45 am] BILLING CODE 4000-01-P
![68002 Federal Register / Vol. 81, No. 191 / Monday, October 3, 2016 / Notices
available via the Federal Digital System accepted. Written requests for to apply for funding under Title III, Part
at: www.gpo.gov/fdsys. At this site you information or comments submitted by A and Title V of the Higher Education
can view this document, as well as all postal mail or delivery should be Act of 1965, as amended. An institution
other documents of this Department addressed to the Director of the must apply to the Secretary to be
published in the Federal Register, in Information Collection Clearance designated as an eligible institution. The
text or Adobe Portable Document Division, U.S. Department of Education, programs authorized include the
Format (PDF). To use PDF you must 400 Maryland Avenue SW., LBJ, Room Strengthening Institutions, Alaskan
have Adobe Acrobat Reader, which is 2E–347, Washington, DC 20202–4537. Native and Native Hawaiian-Serving
available free at the site. FOR FURTHER INFORMATION CONTACT: For Institutions, Asian-American and Native
You may also access documents of the specific questions related to collection American Pacific Islander-Serving
Department published in the Federal activities, please contact Jason Cottrell, Institutions, Native American Serving
Register by using the article search 202–453–7530. Institutions, Hispanic-Serving
feature at: www.federalregister.gov. SUPPLEMENTARY INFORMATION: The Institutions, Hispanic-Serving
Specifically, through the advanced Department of Education (ED), in Institutions (Science, Technology,
search feature at this site, you can limit accordance with the Paperwork Engineering and Math and Articulation),
your search to documents published by Reduction Act of 1995 (PRA) (44 U.S.C. Promoting Postbaccalaureate
the Department. 3506(c)(2)(A)), provides the general Opportunities for Hispanic Americans,
Program Authority: 20 U.S.C. 1071 et seq. public and Federal agencies with an and Predominantly Black Institutions
Dated: September 27, 2016. opportunity to comment on proposed, Programs. These programs award
James W. Runcie, revised, and continuing collections of discretionary grants to eligible
information. This helps the Department institutions of higher education so that
Chief Operating Officer, Federal Student Aid.
assess the impact of its information they might increase their self-
[FR Doc. 2016–23766 Filed 9–30–16; 8:45 am]
collection requirements and minimize sufficiency by improving academic
BILLING CODE 4000–01–P
the public’s reporting burden. It also programs, institutional management and
helps the public understand the fiscal stability.
Department’s information collection
DEPARTMENT OF EDUCATION This collection of information is
requirements and provide the requested
[Docket No.: ED–2016–ICCD–0103] data in the desired format. ED is gathered electronically by the
soliciting comments on the proposed Department for the purpose of
Agency Information Collection information collection request (ICR) that determining an institution’s eligibility
Activities; Submission to the Office of is described below. The Department of to participate in the Title III and Title
Management and Budget for Review Education is especially interested in V programs based on its enrollment of
and Approval; Comment Request; public comment addressing the needy students and low average
Designation as an Eligible Institution following issues: (1) Is this collection educational and general (E&G)
Under the Title III and Title V Programs necessary to the proper functions of the expenditures per full-time equivalent
and To Request a Waiver of the Non- Department; (2) will this information be undergraduate student. This collection
Federal Cost Share Reimbursement processed and used in a timely manner; also allows an institution to request a
(1894–0001) (3) is the estimate of burden accurate; waiver of certain non-Federal cost-share
(4) how might the Department enhance requirements under Federal Work-Study
AGENCY: Office of Postsecondary Program, Federal Supplemental
the quality, utility, and clarity of the
Education (OPE), Department of Educational Opportunity Grant, Student
information to be collected; and (5) how
Education (ED). Support Services Program and the
might the Department minimize the
ACTION: Notice. burden of this collection on the Undergraduate International Studies
respondents, including through the use and Foreign Language Program.
SUMMARY: In accordance with the of information technology. Please note
Paperwork Reduction Act of 1995 (44 The collection is paired with a
that written comments received in computational exercise that results in
U.S.C. chapter 3501 et seq.), ED is response to this notice will be
proposing an extension of an existing the simultaneous publication of an
considered public records. Eligibility Matrix, a listing of
information collection. Title of Collection: Designation As An postsecondary institutions potentially
DATES: Interested persons are invited to Eligible Institution Under the Title III
submit comments on or before eligible to apply for grants in the
and Title V Programs and to Request A Institutional Service grant programs.
November 2, 2016. Waiver of the Non-Federal Cost Share
Criteria derived from applicable
ADDRESSES: To access and review all the Reimbursement (1894–0001).
legislation and regulations are applied
documents related to the information OMB Control Number: 1840–0103.
to enrollment and financial data from
collection listed in this notice, please Type of Review: An extension of an
Department sources to determine the
use http://www.regulations.gov by existing information collection.
eligibility of each institution for each
searching the Docket ID number ED– Respondents/Affected Public: State,
program. Only those institutions that
2016–ICCD–0103. Comments submitted Local, and Tribal Governments; Private
either do not meet the financial criteria
in response to this notice should be Sector.
or do not appear in the eligibility matrix
submitted electronically through the Total Estimated Number of Annual
sradovich on DSK3GMQ082PROD with NOTICES
need to go through the application
Federal eRulemaking Portal at http:// Responses: 250.
process.
www.regulations.gov by selecting the Total Estimated Number of Annual
Docket ID number or via postal mail, Burden Hours: 1,750. The results of the application process
commercial delivery, or hand delivery. Abstract: This collection of are a determination of eligibility for
Please note that comments submitted by information is necessary in order for the grant application and waiver, and
fax or email and those submitted after Secretary of Education to designate an updated information on institutional
the comment period will not be institution of higher education eligible eligibility which is added to the EM.
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![Federal Register / Vol. 81, No. 191 / Monday, October 3, 2016 / Notices 68003
Dated: September 28, 2016. Floor, Washington, DC 20202. loan depends on the date of the first
Kate Mullan, Telephone: (202) 377–4270 or by email: disbursement of the loan or, for some
Acting Director, Information Collection Rene.Tiongquico@ed.gov. Direct Consolidation Loans, the date the
Clearance Division, Office of the Chief Privacy If you use a telecommunications application for the loan was received.
Officer, Office of Management. device for the deaf (TDD) or a text The variable rates are determined
[FR Doc. 2016–23775 Filed 9–30–16; 8:45 am] telephone (TTY), call the Federal Relay annually and are effective for each 12-
BILLING CODE 4000–01–P Service (FRS), toll free, at 1–800–877– month period beginning July 1 of one
8339. year and ending June 30 of the following
Individuals with disabilities can year.
DEPARTMENT OF EDUCATION obtain this document in an accessible
Except for Direct PLUS Loans that
format (e.g., Braille, large print,
Annual Notice of Interest Rates for were first disbursed before July 1, 1998,
audiotape, or compact disc) on request
Federal Student Loans Made Under the the variable interest rates for most types
to the contact person listed under FOR
William D. Ford Federal Direct Loan FURTHER INFORMATION CONTACT.
of Direct Loans are based on formulas
Program Prior to July 1, 2013 that use the bond equivalent rates of the
SUPPLEMENTARY INFORMATION: Section
91-day Treasury bills auctioned at the
AGENCY: Federal Student Aid, 455(b) of the Higher Education Act of final auction held before June 1 of each
Department of Education. 1965, as amended (HEA) (20 U.S.C.
year, plus a statutory add-on percentage.
ACTION: Notice. 1087e(b)), specifies the interest rates
In each case, the calculated rate is
charged to borrowers for Federal Direct
capped by a maximum interest rate. The
Catalog of Federal Domestic Assistance Subsidized Stafford/Ford Loans (Direct
bond equivalent rate of the 91-day
(CFDA) Number: 84.268. Subsidized Loans), Federal Direct
Treasury bills auctioned on May 31,
Unsubsidized Stafford/Ford Loans
DATES: This notice is effective October 2016, which is used to calculate the
(Direct Unsubsidized Loans), Federal
3, 2016. interest rates on these loans, is 0.345,
Direct PLUS Loans (Direct PLUS Loans),
SUMMARY: In accordance with section rounded up to 0.35 percent.
and Federal Direct Consolidation Loans
455(b)(10) of the Higher Education Act (Direct Consolidation Loans), The interest rate for Direct PLUS
of 1965, as amended, (HEA), (20 U.S.C. collectively referred to as ‘‘Direct Loans that were first disbursed on or
1087e(b)(10)) the Chief Operating Loans.’’ The interest rates for Direct after July 1, 1994, and before July 1,
Officer for Federal Student Aid Loans may be variable or fixed. 1998, is based on the weekly average of
announces the interest rates for loans the one-year constant maturity Treasury
made under the William D. Ford Federal Variable-Rate Direct Loans yield, as published by the Board of
Direct Loan (Direct Loan) Program prior Direct Subsidized Loans, Direct Governors of the Federal Reserve
to July 1, 2013. For loans that have a Unsubsidized Loans, and Direct PLUS System on the last day of the calendar
variable interest rate, the rates Loans that were first disbursed before week ending on or before June 26 of
announced in this notice are in effect for July 1, 2006, and Direct Consolidation each year, plus a statutory add-on
the period July 1, 2016 through June 30, Loans for which the application was percentage. The calculated rate is
2017. The Chief Operating Officer takes received before February 1, 1999, have capped by a maximum interest rate. The
this action to give notice of Direct Loan variable interest rates that are weekly average of the one-year constant
interest rates to the public. determined each year in accordance maturity Treasury yield published on
FOR FURTHER INFORMATION CONTACT: with formulas specified in section June 27, 2016, which is used to
Rene Tiongquico, U.S. Department of 455(b) of the HEA. The variable interest calculate the interest rate on these loans,
Education, 830 First Street NE., 11th rate formula that applies to a particular is 0.55 percent.
CHARTS 1 THROUGH 4 IN THIS NOTICE SHOW THE INTEREST RATES FOR VARIABLE-RATE DIRECT LOANS THAT ARE IN
EFFECT FOR THE PERIOD JULY 1, 2016 THROUGH JUNE 30, 2017
Cohort Index rate Margin Total rate
Maximum rate In-school,
91-Day In-school, All other All other
First disbursed on First disbursed (%) grace,
T-Bill rate grace, periods periods
or after before deferment
(%) deferment (%) (%)
(%)
7/1/1994 ................ 7/1/1995 ................ 8.25 0.35 3.10 3.10 3.45 3.45
7/1/1995 ................ 7/1/1998 ................ 8.25 0.35 2.50 3.10 2.85 3.45
7/1/1998 ................ 7/1/2006 ................ 8.25 0.35 1.70 2.30 2.05 2.65
CHART 2—VARIABLE-RATE DIRECT PLUS LOANS INTEREST RATES IN EFFECT FOR THE PERIOD 7/1/2016 THROUGH 6/30/
2017
Cohort Index rate
sradovich on DSK3GMQ082PROD with NOTICES
Maximum rate Margin Total rate
1-Year constant
First disbursed on First disbursed (%) 91-Day T-Bill rate (%) (%)
treasury maturity
or after before (%) (%)
7/1/1994 ........................ 7/1/1998 ........................ 9.00 .............................. 0.55 3.10 3.65
7/1/1998 ........................ 7/1/2006 ........................ 9.00 0.35 .............................. 3.10 3.45
VerDate Sep<11>2014 17:56 Sep 30, 2016 Jkt 241001 PO 00000 Frm 00048 Fmt 4703 Sfmt 4703 E:\FR\FM\03OCN1.SGM 03OCN1](https://thefederalregister.org/doc/81_FR_68193/page/2.svg)
Document Created: 2018-02-13 14:11:13
Document Modified: 2018-02-13 14:11:13
| Category | Regulatory Information | |
| Collection | Federal Register | |
| sudoc Class | AE 2.7: GS 4.107: AE 2.106: | |
| Publisher | Office of the Federal Register, National Archives and Records Administration | |
| Section | Notices | |
| Action | Notice. | |
| Dates | Interested persons are invited to submit comments on or before November 2, 2016. | |
| Contact | For specific questions related to collection activities, please contact Jason Cottrell, 202-453-7530. | |
| FR Citation | 81 FR 68002 |
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