Federal Pell Grant, Academic Competitiveness Grant, National Science and Mathematics Access To Retain Talent Grant, Federal Perkins Loan, Federal Work-Study, Federal Supplemental Educational Opportunity Grant, Federal Family Education Loan, and William D. Ford Federal Direct Loan Programs, 30904-30908 [E8-11953]

Download as PDF 30904 Federal Register / Vol. 73, No. 104 / Thursday, May 29, 2008 / Notices Written comments should be addressed to the Office of Information and Regulatory Affairs, Attention: Education Desk Officer, Office of Management and Budget, 725 17th Street, NW., Room 10222, Washington, DC 20503. Commenters are encouraged to submit responses electronically by e-mail to oira_submission@omb.eop.gov or via fax to (202) 395–6974. Commenters should include the following subject line in their response ‘‘Comment: [insert OMB number], [insert abbreviated collection name, e.g., ‘‘Upward Bound Evaluation’’]. Persons submitting comments electronically should not submit paper copies. SUPPLEMENTARY INFORMATION: Section 3506 of the Paperwork Reduction Act of 1995 (44 U.S.C. Chapter 35) requires that the Office of Management and Budget (OMB) provide interested Federal agencies and the public an early opportunity to comment on information collection requests. OMB may amend or waive the requirement for public consultation to the extent that public participation in the approval process would defeat the purpose of the information collection, violate State or Federal law, or substantially interfere with any agency’s ability to perform its statutory obligations. The IC Clearance Official, Regulatory Information Management Services, Office of Management, publishes that notice containing proposed information collection requests prior to submission of these requests to OMB. Each proposed information collection, grouped by office, contains the following: (1) Type of review requested, e.g. new, revision, extension, existing or reinstatement; (2) Title; (3) Summary of the collection; (4) Description of the need for, and proposed use of, the information; (5) Respondents and frequency of collection; and (6) Reporting and/or Recordkeeping burden. OMB invites public comment. ADDRESSES: jlentini on PROD1PC65 with NOTICES Dated: May 22, 2008. Angela C. Arrington, IC Clearance Official, Regulatory Information Management Services, Office of Management. Institute of Education Sciences Type of Review: New. Title: Feasibility and Conduct of an Impact Evaluation of Title I Supplemental Education Services. Frequency: On Occasion. Affected Public: Individuals or household. Reporting and Recordkeeping Hour Burden: Responses: 16,667. Burden Hours: 3,333. VerDate Aug<31>2005 17:45 May 28, 2008 Jkt 214001 Abstract: The No Child Left Behind Act (NCLB) requires districts with Title I schools that fall short of state standards for three years or more to offer supplemental educational services (SES) to their students from low-income families who attend these schools. SES are tutoring or other academic support services offered outside the regular school day by state-approved providers free of charge to eligible students. Parents can choose the specific SES provider from among a list approved to serve their area. The U.S. Department of Education has commissioned Mathematica Policy Research to evaluate the impact of SES on student achievement in up to nine school districts across the country. Findings of the study will not only inform national policy discussions about SES, but will also provide direct feedback to participating districts about the effectiveness of the SES offered to their students. Requests for copies of the information collection submission for OMB review may be accessed from http:// edicsweb.ed.gov, by selecting the ‘‘Browse Pending Collections’’ link and by clicking on link number 3634. When you access the information collection, click on ‘‘Download Attachments’’ to view. Written requests for information should be addressed to U.S. Department of Education, 400 Maryland Avenue, SW., LBJ, Washington, DC 20202–4537. Requests may also be electronically mailed to ICDocketMgr@ed.gov or faxed to 202–401–0920. Please specify the complete title of the information collection when making your request. Comments regarding burden and/or the collection activity requirements should be electronically mailed to ICDocketMgr@ed.gov. Individuals who use a telecommunications device for the deaf (TDD) may call the Federal Information Relay Service (FIRS) at 1– 800–877–8339. [FR Doc. E8–11956 Filed 5–28–08; 8:45 am] BILLING CODE 4000–01–P DEPARTMENT OF EDUCATION Federal Pell Grant, Academic Competitiveness Grant, National Science and Mathematics Access To Retain Talent Grant, Federal Perkins Loan, Federal Work-Study, Federal Supplemental Educational Opportunity Grant, Federal Family Education Loan, and William D. Ford Federal Direct Loan Programs Federal Student Aid, U.S. Department of Education. AGENCY: PO 00000 Frm 00025 Fmt 4703 Sfmt 4703 Notice of revision of the Federal Need Analysis Methodology for the 2009–2010 award year. ACTION: SUMMARY: The Secretary announces the annual updates to the tables that will be used in the statutory ‘‘Federal Need Analysis Methodology’’ to determine a student’s expected family contribution (EFC) for award year 2009–2010 for the student financial aid programs authorized under Title IV of the Higher Education Act of 1965, as amended (HEA). An EFC is the amount a student and his or her family may reasonably be expected to contribute toward the student’s postsecondary educational costs for purposes of determining financial aid eligibility. The Title IV programs include the Federal Pell Grant, Academic Competitiveness Grant, National Science and Mathematics Access to Retain Talent Grant, Federal Perkins Loan, Federal Work-Study, Federal Supplemental Educational Opportunity Grant, Federal Family Education Loan, and William D. Ford Federal Direct Loan Programs (Title IV, HEA Programs). FOR FURTHER INFORMATION CONTACT: Ms. Marya Dennis, Management and Program Analyst, U.S. Department of Education, Union Center Plaza, 830 First Street, NE., Washington, DC 20202. Telephone: (202) 377–3385. If you use a telecommunications device for the deaf (TDD), call the Federal Relay Service (FRS), toll free at 1–800–877–8339. Individuals with disabilities can obtain this document in an alternative format (e.g., Braille, large print, audiotape or compact disk) on request to the contact person listed in the preceding paragraph. SUPPLEMENTARY INFORMATION: Part F of Title IV of the HEA specifies the criteria, data elements, calculations, and tables used in the Federal Need Analysis Methodology EFC calculations. Section 478 of Part F of Title IV of the HEA requires the Secretary to adjust four of the tables—the Income Protection Allowance, the Adjusted Net Worth of a Business or Farm, the Education Savings and Asset Protection Allowance, and the Assessment Schedules and Rates—each award year to adjust for general price inflation. The changes are based, in general, upon increases in the Consumer Price Index. For award year 2009–2010 the Secretary is charged with updating the income protection allowance for parents of dependent students, adjusted net worth of a business or farm, and the assessment schedules and rates to account for inflation that took place between December 2007 and December E:\FR\FM\29MYN1.SGM 29MYN1 30905 Federal Register / Vol. 73, No. 104 / Thursday, May 29, 2008 / Notices 2008. However, because the Secretary must publish these tables before December 2008, the increases in the tables must be based upon a percentage equal to the estimated percentage increase in the Consumer Price Index for All Urban Consumers for 2008. The Secretary estimates that the increase in the Consumer Price Index for All Urban Consumers (CPI–U) for the period December 2007 through December 2008 will be 1.7 percent. Additionally, the College Cost Reduction and Access Act (CCRAA, Pub. L. 110–84) modified the updating procedure for the income protection allowance for dependent students and the income protection allowance tables for both independent students with dependents other than a spouse and independent students without dependents other than a spouse. CCRAA established new 2009– 2010 award year values for these income protection allowances. The updated tables are in sections 1, 2, and 4 of this notice. The Secretary must also revise, for each award year, the education savings and asset protection allowances as provided for in section 478(d) of the HEA. The Education Savings and Asset Protection Allowance table for award year 2009–2010 has been updated in section 3 of this notice. Section 478(h) of the HEA also requires the Secretary to increase the amount specified for the Employment Expense Allowance, adjusted for inflation. This calculation is based upon increases in the Bureau of Labor Statistics budget of the marginal costs for a two-worker family compared to a one-worker family for food away from home, apparel, transportation, and household furnishings and operations. The Employment Expense Allowance table for award year 2009–2010 has been updated in section 5 of this notice. The HEA provides for the following annual updates: 1. Income Protection Allowance. This allowance is the amount of living expenses associated with the maintenance of an individual or family that may be offset against the family’s income. It varies by family size. The income protection allowance for the dependent student is $3,750. The income protection allowances for parents of dependent students for award year 2009–2010 are: Parents of dependent students Family size Number in college 1 2 3 4 5 6 ......................................................................................................................... ......................................................................................................................... ......................................................................................................................... ......................................................................................................................... ......................................................................................................................... 2 $15,840 19,730 24,370 28,750 33,630 The income protection allowances for independent students with dependents For each additional family member, add $3,800. For each additional college student, subtract $2,700. 3 $13,130 17,030 21,660 26,040 30,920 4 5 .................. $14,320 18,960 23,340 28,220 .................. .................. $16,250 20,630 25,510 .................. .................. $17,940 22,820 other than a spouse for award year 2009–10 are: Independent students with dependents other than a spouse Family size Number in college 1 2 3 4 5 6 ......................................................................................................................... ......................................................................................................................... ......................................................................................................................... ......................................................................................................................... ......................................................................................................................... jlentini on PROD1PC65 with NOTICES For each additional family member, add $4,240. For each additional college student, subtract $3,020. The income protection allowances for single independent students and independent students without dependents other than a spouse for award year 2009–10 are: 2 $17,720 22,060 27,250 32,150 37,600 $14,690 19,050 24,220 29,120 34,570 3 4 5 .................. $16,020 21,210 26,100 31,570 .................. .................. $18,170 23,070 28,520 .................. .................. .................. $20,060 25,520 income produced from these assets is already assessed in another part of the formula; and (2) the formula protects a Single .................... 1 $7,000 portion of the value of the assets. The Married .................. 2 7,000 portion of these assets included in the Married .................. 1 11,220 contribution calculation is computed according to the following schedule. 2. Adjusted Net Worth (NW) of a This schedule is used for parents of Business or Farm. A portion of the full dependent students, independent net value of a business or farm is students without dependents other than excluded from the calculation of an a spouse, and independent students expected contribution because—(1) the with dependents other than a spouse. Marital status Number in college IPA If the net worth of a business or farm is— Then the adjusted net worth is— Less than $1 ............................................................................................................................................... $1 to $115,000 ............................................................................................................................................ $115,001 to $340,000 ................................................................................................................................. $340,001 to $565,000 ................................................................................................................................. $0 $0 + 40% of NW $46,000 + 50% of NW over $115,000 $158,500 + 60% of NW over $340,000 VerDate Aug<31>2005 17:45 May 28, 2008 Jkt 214001 PO 00000 Frm 00026 Fmt 4703 Sfmt 4703 E:\FR\FM\29MYN1.SGM 29MYN1 30906 Federal Register / Vol. 73, No. 104 / Thursday, May 29, 2008 / Notices If the net worth of a business or farm is— Then the adjusted net worth is— $565,001 or more ....................................................................................................................................... $293,500 + 100% of NW over $565,000 3. Education Savings and Asset Protection Allowance. This allowance protects a portion of net worth (assets less debts) from being considered available for postsecondary educational expenses. There are three asset protection allowance tables—one for parents of dependent students, one for independent students without dependents other than a spouse, and one for independent students with dependents other than a spouse. DEPENDENT STUDENTS If the age of the older parent is And they are Married Single jlentini on PROD1PC65 with NOTICES Then the education savings and asset protection allowance is— 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 or less .................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. or older ................ VerDate Aug<31>2005 0 2,900 5,800 8,700 11,600 14,500 17,400 20,300 23,100 26,000 28,900 31,800 34,700 37,600 40,500 43,400 44,200 45,300 46,400 47,600 48,700 49,900 51,200 52,400 53,700 55,300 56,700 58,000 59,800 61,200 63,000 64,900 66,400 68,300 70,300 72,300 74,400 76,600 79,100 81,300 84,000 17:45 May 28, 2008 0 1,200 2,400 3,600 4,800 6,000 7,200 8,400 9,500 10,700 11,900 13,100 14,300 15,500 16,700 17,900 18,200 18,600 19,100 19,500 19,900 20,400 20,900 21,400 21,900 22,400 22,900 23,500 24,000 24,600 25,300 25,900 26,500 27,200 27,900 28,700 29,500 30,300 31,100 32,000 32,800 Jkt 214001 INDEPENDENT STUDENTS WITHOUT DEPENDENTS OTHER THAN A SPOUSE If the age of the student is And they are Married Single INDEPENDENT STUDENTS WITH DEPENDENTS OTHER THAN A SPOUSE—Continued If the age of the student is Then the education savings and asset protection allowance is— 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 or less .................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. or older ................ 0 2,900 5,800 8,700 11,600 14,500 17,400 20,300 23,100 26,000 28,900 31,800 34,700 37,600 40,500 43,400 44,200 45,300 46,400 47,600 48,700 49,900 51,200 52,400 53,700 55,300 56,700 58,000 59,800 61,200 63,000 64,900 66,400 68,300 70,300 72,300 74,400 76,600 79,100 81,300 84,000 0 1,200 2,400 3,600 4,800 6,000 7,200 8,400 9,500 10,700 11,900 13,100 14,300 15,500 16,700 17,900 18,200 18,600 19,100 19,500 19,900 20,400 20,900 21,400 21,900 22,400 22,900 23,500 24,000 24,600 25,300 25,900 26,500 27,200 27,900 28,700 29,500 30,300 31,100 32,000 32,800 28 .............................. 8,700 And they are Married Single Then the education savings and asset protection allowance is— 3,600 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. or older ................ 11,600 14,500 17,400 20,300 23,100 26,000 28,900 31,800 34,700 37,600 40,500 43,400 44,200 45,300 46,400 47,600 48,700 49,900 51,200 52,400 53,700 55,300 56,700 58,000 59,800 61,200 63,000 64,900 66,400 68,300 70,300 72,300 74,400 76,600 79,100 81,300 84,000 4,800 6,000 7,200 8,400 9,500 10,700 11,900 13,100 14,300 15,500 16,700 17,900 18,200 18,600 19,100 19,500 19,900 20,400 20,900 21,400 21,900 22,400 22,900 23,500 24,000 24,600 25,300 25,900 26,500 27,200 27,900 28,700 29,500 30,300 31,100 32,000 32,800 4. Assessment Schedules and Rates. Two schedules that are subject to updates, one for parents of dependent INDEPENDENT STUDENTS WITH students and one for independent DEPENDENTS OTHER THAN A SPOUSE students with dependents other than a spouse, are used to determine the EFC And they are toward educational expenses from If the age of the student is family financial resources. For Married Single dependent students, the EFC is derived Then the education from an assessment of the parents’ savings and asset adjusted available income (AAI). For protection allowindependent students with dependents ance is— other than a spouse, the EFC is derived 25 or less .................. 0 0 from an assessment of the family’s AAI. 26 .............................. 2,900 1,200 The AAI represents a measure of a 27 .............................. 5,800 2,400 family’s financial strength, which PO 00000 Frm 00027 Fmt 4703 Sfmt 4703 E:\FR\FM\29MYN1.SGM 29MYN1 30907 Federal Register / Vol. 73, No. 104 / Thursday, May 29, 2008 / Notices The parents’ contribution for a dependent student is computed according to the following schedule: If AAI is— Then the contribution is— Less than ¥$3,409 ............................................................................................................................................ ($3,409) to $14,200 ............................................................................................................................................ $14,201 to $17,800 ............................................................................................................................................ $17,801 to $21,400 ............................................................................................................................................ $21,401 to $25,000 ............................................................................................................................................ $25,001 to $28,600 ............................................................................................................................................ $28,601 or more ................................................................................................................................................. ¥$750 22% of AAI $3,124 + 25% $4,024 + 29% $5,068 + 34% $6,292 + 40% $7,732 + 47% The contribution for an independent student with dependents other than a of of of of of AAI AAI AAI AAI AAI over over over over over spouse is computed according to the following schedule: If AAI is— Then the contribution is— Less than ¥$3,409 ............................................................................................................................................ ($3,409) to $14,200 ............................................................................................................................................ $14,201 to $17,800 ............................................................................................................................................ $17,801 to $21,400 ............................................................................................................................................ $21,401 to $25,000 ............................................................................................................................................ $25,001 to $28,600 ............................................................................................................................................ $28,601 or more ................................................................................................................................................. ¥$750 22% of AAI $3,124 + 25% $4,024 + 29% $5,068 + 34% $6,292 + 40% $7,732 + 47% 5. Employment Expense Allowance. This allowance for employment-related expenses, which is used for the parents of dependent students and for married independent students, recognizes additional expenses incurred by working spouses and single-parent households. The allowance is based upon the marginal differences in costs for a two-worker family compared to a one-worker family for food away from home, apparel, transportation, and household furnishings and operations. The employment expense allowance for parents of dependent students, married independent students without dependents other than a spouse, and independent students with dependents other than a spouse is the lesser of $3,500 or 35 percent of earned income. 6. Allowance for State and Other Taxes. The allowance for State and other taxes protects a portion of the parents’ and students’ income from being considered available for postsecondary educational expenses. of of of of of State Under $15,000 (%) Alabama ................................................................................................................................. Alaska .................................................................................................................................... Arizona ................................................................................................................................... Arkansas ................................................................................................................................ California ................................................................................................................................ Colorado ................................................................................................................................ Connecticut ............................................................................................................................ Delaware ................................................................................................................................ District of Columbia ............................................................................................................... Florida .................................................................................................................................... Georgia .................................................................................................................................. Hawaii .................................................................................................................................... Idaho ...................................................................................................................................... Illinois ..................................................................................................................................... Indiana ................................................................................................................................... Iowa ....................................................................................................................................... Kansas ................................................................................................................................... Kentucky ................................................................................................................................ Louisiana ................................................................................................................................ Maine ..................................................................................................................................... Maryland ................................................................................................................................ Massachusetts ....................................................................................................................... VerDate Aug<31>2005 17:45 May 28, 2008 Jkt 214001 PO 00000 Frm 00028 Fmt 4703 Sfmt 4703 AAI AAI AAI AAI AAI over over over over over $14,200 $17,800 $21,400 $25,000 $28,600 There are four categories for State and other taxes, one each for parents of dependent students, independent students with dependents other than a spouse, dependent students, and independent students without dependents other than a spouse. Section 478(g) of the HEA directs the Secretary to update the tables for State and other taxes after reviewing the Statistics of Income file data maintained by the Internal Revenue Service. Parents of dependents and independents with dependents other than a spouse jlentini on PROD1PC65 with NOTICES $14,200 $17,800 $21,400 $25,000 $28,600 $15,000 & up (%) 3 2 4 4 8 5 8 4 7 3 5 5 5 5 4 5 5 5 3 6 8 7 2 1 3 3 7 4 7 3 6 2 4 4 4 4 3 4 4 4 2 5 7 6 E:\FR\FM\29MYN1.SGM 29MYN1 Dependents and independents without dependents other than a spouse All (%) 2 0 3 3 5 3 4 3 6 1 4 4 3 2 3 3 3 4 2 4 5 4 30908 Federal Register / Vol. 73, No. 104 / Thursday, May 29, 2008 / Notices Parents of dependents and independents with dependents other than a spouse State Under $15,000 (%) $15,000 & up (%) 5 6 3 5 5 5 3 5 9 3 9 6 3 6 4 7 6 7 5 2 2 3 5 5 6 4 3 7 2 3 4 5 2 4 4 4 2 4 8 2 8 5 2 5 3 6 5 6 4 1 1 2 4 4 5 3 2 6 1 2 Michigan ................................................................................................................................. Minnesota .............................................................................................................................. Mississippi .............................................................................................................................. Missouri .................................................................................................................................. Montana ................................................................................................................................. Nebraska ................................................................................................................................ Nevada ................................................................................................................................... New Hampshire ..................................................................................................................... New Jersey ............................................................................................................................ New Mexico ........................................................................................................................... New York ............................................................................................................................... North Carolina ........................................................................................................................ North Dakota .......................................................................................................................... Ohio ....................................................................................................................................... Oklahoma ............................................................................................................................... Oregon ................................................................................................................................... Pennsylvania .......................................................................................................................... Rhode Island .......................................................................................................................... South Carolina ....................................................................................................................... South Dakota ......................................................................................................................... Tennessee ............................................................................................................................. Texas ..................................................................................................................................... Utah ....................................................................................................................................... Vermont ................................................................................................................................. Virginia ................................................................................................................................... Washington ............................................................................................................................ West Virginia .......................................................................................................................... Wisconsin ............................................................................................................................... Wyoming ................................................................................................................................ Other ...................................................................................................................................... Dated: May 22, 2008. Lawrence A. Warder, Acting Chief Operating Officer, Federal Student Aid. [FR Doc. E8–11953 Filed 5–28–08; 8:45 am] Note: The official version of this document is the document published in the Federal Register. Free Internet access to the official edition of the Federal Register and the Code of Federal Regulations is available on GPO Access at: http://www.gpoaccess.gov/nara/ index.html. jlentini on PROD1PC65 with NOTICES You may view this document, as well as all other documents of this Department published in the Federal Register, in text or Adobe Portable Document Format (PDF) on the Internet at the following site: http://www.ed.gov/ news/fedregister. To use PDF you must have Adobe Acrobat Reader, which is available free at this site. If you have questions about using PDF, call the U.S. Government Printing Office (GPO), toll free, at 1– 888–293–6498; or in the Washington, DC, area at (202) 512–1530. Notice of Intent To Prepare a Programmatic Environmental Impact Statement To Evaluate Solar Energy Development, Develop and Implement Agency-Specific Programs, Conduct Public Scoping Meetings, Amend Relevant Agency Land Use Plans, and Provide Notice of Proposed Planning Criteria (Catalog of Federal Domestic Assistance Numbers: 84.007 Federal Supplemental Educational Opportunity Grant; 84.032 Federal Family Education Loan Program; 84.033 Federal Work-Study Program; 84.038 Federal Perkins Loan Program; 84.063 Federal Pell Grant Program; 84.268 William D. Ford Federal Direct Loan Program; 84.375 Academic Competitiveness Grant; 84.376 National Science and Mathematics Access to Retain Talent Grant) Program Authority: 20 U.S.C. 1087rr. VerDate Aug<31>2005 17:45 May 28, 2008 Jkt 214001 BILLING CODE 4000–01–P DEPARTMENT OF ENERGY DEPARTMENT OF THE INTERIOR Bureau of Land Management AGENCIES: Department of Energy (DOE) and Bureau of Land Management (BLM), Department of the Interior (DOI). ACTION: Notice of Intent. SUMMARY: In Executive Order 13212, Actions to Expedite Energy-Related Projects, the President ordered that executive departments and agencies PO 00000 Frm 00029 Fmt 4703 Sfmt 4703 Dependents and independents without dependents other than a spouse All (%) 3 4 2 3 3 3 1 1 4 3 6 4 1 4 3 5 3 4 3 1 1 1 4 3 4 1 2 4 1 2 take appropriate actions ‘‘to expedite projects that will increase the production, transmission, or conservation of energy.’’ In addition, Title II, Section 211, of the Energy Policy Act of 2005 (Pub. L. 109–58) provides that the Secretary of the Interior (the Secretary) should, within 10 years of enactment of the Act, ‘‘* * * seek to have approved non-hydropower renewable energy projects located on the public lands with a generation capacity of at least 10,000 megawatts of electricity.’’ DOE and BLM (the Agencies) have identified utility-scale solar energy development as a potentially critical component in meeting these mandates. Utility-scale solar energy projects generate electricity that is distributed to consumers through the electric power transmission grid. The Agencies have determined that specific actions should be taken to further such energy development. The Agencies are considering the development and implementation of agency-specific programs that would establish environmental policies and mitigation strategies (e.g., best management practices and siting criteria) related to solar energy development in six western states E:\FR\FM\29MYN1.SGM 29MYN1

Agencies

[Federal Register Volume 73, Number 104 (Thursday, May 29, 2008)]
[Notices]
[Pages 30904-30908]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-11953]


-----------------------------------------------------------------------

DEPARTMENT OF EDUCATION


Federal Pell Grant, Academic Competitiveness Grant, National 
Science and Mathematics Access To Retain Talent Grant, Federal Perkins 
Loan, Federal Work-Study, Federal Supplemental Educational Opportunity 
Grant, Federal Family Education Loan, and William D. Ford Federal 
Direct Loan Programs

AGENCY: Federal Student Aid, U.S. Department of Education.

ACTION: Notice of revision of the Federal Need Analysis Methodology for 
the 2009-2010 award year.

-----------------------------------------------------------------------

SUMMARY: The Secretary announces the annual updates to the tables that 
will be used in the statutory ``Federal Need Analysis Methodology'' to 
determine a student's expected family contribution (EFC) for award year 
2009-2010 for the student financial aid programs authorized under Title 
IV of the Higher Education Act of 1965, as amended (HEA). An EFC is the 
amount a student and his or her family may reasonably be expected to 
contribute toward the student's postsecondary educational costs for 
purposes of determining financial aid eligibility. The Title IV 
programs include the Federal Pell Grant, Academic Competitiveness 
Grant, National Science and Mathematics Access to Retain Talent Grant, 
Federal Perkins Loan, Federal Work-Study, Federal Supplemental 
Educational Opportunity Grant, Federal Family Education Loan, and 
William D. Ford Federal Direct Loan Programs (Title IV, HEA Programs).

FOR FURTHER INFORMATION CONTACT: Ms. Marya Dennis, Management and 
Program Analyst, U.S. Department of Education, Union Center Plaza, 830 
First Street, NE., Washington, DC 20202. Telephone: (202) 377-3385.
    If you use a telecommunications device for the deaf (TDD), call the 
Federal Relay Service (FRS), toll free at 1-800-877-8339.
    Individuals with disabilities can obtain this document in an 
alternative format (e.g., Braille, large print, audiotape or compact 
disk) on request to the contact person listed in the preceding 
paragraph.

SUPPLEMENTARY INFORMATION: Part F of Title IV of the HEA specifies the 
criteria, data elements, calculations, and tables used in the Federal 
Need Analysis Methodology EFC calculations.
    Section 478 of Part F of Title IV of the HEA requires the Secretary 
to adjust four of the tables--the Income Protection Allowance, the 
Adjusted Net Worth of a Business or Farm, the Education Savings and 
Asset Protection Allowance, and the Assessment Schedules and Rates--
each award year to adjust for general price inflation. The changes are 
based, in general, upon increases in the Consumer Price Index.
    For award year 2009-2010 the Secretary is charged with updating the 
income protection allowance for parents of dependent students, adjusted 
net worth of a business or farm, and the assessment schedules and rates 
to account for inflation that took place between December 2007 and 
December

[[Page 30905]]

2008. However, because the Secretary must publish these tables before 
December 2008, the increases in the tables must be based upon a 
percentage equal to the estimated percentage increase in the Consumer 
Price Index for All Urban Consumers for 2008. The Secretary estimates 
that the increase in the Consumer Price Index for All Urban Consumers 
(CPI-U) for the period December 2007 through December 2008 will be 1.7 
percent. Additionally, the College Cost Reduction and Access Act 
(CCRAA, Pub. L. 110-84) modified the updating procedure for the income 
protection allowance for dependent students and the income protection 
allowance tables for both independent students with dependents other 
than a spouse and independent students without dependents other than a 
spouse. CCRAA established new 2009-2010 award year values for these 
income protection allowances. The updated tables are in sections 1, 2, 
and 4 of this notice.
    The Secretary must also revise, for each award year, the education 
savings and asset protection allowances as provided for in section 
478(d) of the HEA. The Education Savings and Asset Protection Allowance 
table for award year 2009-2010 has been updated in section 3 of this 
notice. Section 478(h) of the HEA also requires the Secretary to 
increase the amount specified for the Employment Expense Allowance, 
adjusted for inflation. This calculation is based upon increases in the 
Bureau of Labor Statistics budget of the marginal costs for a two-
worker family compared to a one-worker family for food away from home, 
apparel, transportation, and household furnishings and operations. The 
Employment Expense Allowance table for award year 2009-2010 has been 
updated in section 5 of this notice.
    The HEA provides for the following annual updates:
    1. Income Protection Allowance. This allowance is the amount of 
living expenses associated with the maintenance of an individual or 
family that may be offset against the family's income. It varies by 
family size. The income protection allowance for the dependent student 
is $3,750. The income protection allowances for parents of dependent 
students for award year 2009-2010 are:

----------------------------------------------------------------------------------------------------------------
                                                                     Parents of dependent students
                                                     -----------------------------------------------------------
                     Family size                                           Number in college
                                                     -----------------------------------------------------------
                                                           1           2           3           4           5
----------------------------------------------------------------------------------------------------------------
2...................................................     $15,840     $13,130  ..........  ..........  ..........
3...................................................      19,730      17,030     $14,320  ..........  ..........
4...................................................      24,370      21,660      18,960     $16,250
5...................................................      28,750      26,040      23,340      20,630     $17,940
6...................................................      33,630      30,920      28,220      25,510      22,820
----------------------------------------------------------------------------------------------------------------

    For each additional family member, add $3,800.
    For each additional college student, subtract $2,700.
    The income protection allowances for independent students with 
dependents other than a spouse for award year 2009-10 are:

----------------------------------------------------------------------------------------------------------------
                                                       Independent students with dependents other than a spouse
                                                     -----------------------------------------------------------
                     Family size                                           Number in college
                                                     -----------------------------------------------------------
                                                           1           2           3           4           5
----------------------------------------------------------------------------------------------------------------
2...................................................     $17,720     $14,690  ..........  ..........  ..........
3...................................................      22,060      19,050     $16,020  ..........  ..........
4...................................................      27,250      24,220      21,210     $18,170  ..........
5...................................................      32,150      29,120      26,100      23,070     $20,060
6...................................................      37,600      34,570      31,570      28,520      25,520
----------------------------------------------------------------------------------------------------------------

    For each additional family member, add $4,240.
    For each additional college student, subtract $3,020.
    The income protection allowances for single independent students 
and independent students without dependents other than a spouse for 
award year 2009-10 are:

------------------------------------------------------------------------
                                                   Number in
                 Marital status                     college       IPA
------------------------------------------------------------------------
Single..........................................            1     $7,000
Married.........................................            2      7,000
Married.........................................            1     11,220
------------------------------------------------------------------------

    2. Adjusted Net Worth (NW) of a Business or Farm. A portion of the 
full net value of a business or farm is excluded from the calculation 
of an expected contribution because--(1) the income produced from these 
assets is already assessed in another part of the formula; and (2) the 
formula protects a portion of the value of the assets. The portion of 
these assets included in the contribution calculation is computed 
according to the following schedule. This schedule is used for parents 
of dependent students, independent students without dependents other 
than a spouse, and independent students with dependents other than a 
spouse.

----------------------------------------------------------------------------------------------------------------
 If the net worth of a business or farm is--                    Then the adjusted net worth is--
----------------------------------------------------------------------------------------------------------------
Less than $1.................................  $0
$1 to $115,000...............................  $0 + 40% of NW
$115,001 to $340,000.........................  $46,000 + 50% of NW over $115,000
$340,001 to $565,000.........................  $158,500 + 60% of NW over $340,000

[[Page 30906]]

 
$565,001 or more.............................  $293,500 + 100% of NW over $565,000
----------------------------------------------------------------------------------------------------------------

    3. Education Savings and Asset Protection Allowance. This allowance 
protects a portion of net worth (assets less debts) from being 
considered available for postsecondary educational expenses. There are 
three asset protection allowance tables--one for parents of dependent 
students, one for independent students without dependents other than a 
spouse, and one for independent students with dependents other than a 
spouse.

                           Dependent Students
------------------------------------------------------------------------
                                                        And they are
         If the age of the older parent is         ---------------------
                                                     Married     Single
------------------------------------------------------------------------
                                                     Then the education
                                                      savings and asset
                                                    protection allowance
                                                            is--
------------------------------------------------------------------------
25 or less........................................          0          0
26................................................      2,900      1,200
27................................................      5,800      2,400
28................................................      8,700      3,600
29................................................     11,600      4,800
30................................................     14,500      6,000
31................................................     17,400      7,200
32................................................     20,300      8,400
33................................................     23,100      9,500
34................................................     26,000     10,700
35................................................     28,900     11,900
36................................................     31,800     13,100
37................................................     34,700     14,300
38................................................     37,600     15,500
39................................................     40,500     16,700
40................................................     43,400     17,900
41................................................     44,200     18,200
42................................................     45,300     18,600
43................................................     46,400     19,100
44................................................     47,600     19,500
45................................................     48,700     19,900
46................................................     49,900     20,400
47................................................     51,200     20,900
48................................................     52,400     21,400
49................................................     53,700     21,900
50................................................     55,300     22,400
51................................................     56,700     22,900
52................................................     58,000     23,500
53................................................     59,800     24,000
54................................................     61,200     24,600
55................................................     63,000     25,300
56................................................     64,900     25,900
57................................................     66,400     26,500
58................................................     68,300     27,200
59................................................     70,300     27,900
60................................................     72,300     28,700
61................................................     74,400     29,500
62................................................     76,600     30,300
63................................................     79,100     31,100
64................................................     81,300     32,000
65 or older.......................................     84,000     32,800
------------------------------------------------------------------------


       Independent Students Without Dependents Other Than a Spouse
------------------------------------------------------------------------
                                                        And they are
           If the age of the  student is           ---------------------
                                                     Married     Single
------------------------------------------------------------------------
                                                     Then the education
                                                      savings and asset
                                                    protection allowance
                                                            is--
------------------------------------------------------------------------
25 or less........................................          0          0
26................................................      2,900      1,200
27................................................      5,800      2,400
28................................................      8,700      3,600
29................................................     11,600      4,800
30................................................     14,500      6,000
31................................................     17,400      7,200
32................................................     20,300      8,400
33................................................     23,100      9,500
34................................................     26,000     10,700
35................................................     28,900     11,900
36................................................     31,800     13,100
37................................................     34,700     14,300
38................................................     37,600     15,500
39................................................     40,500     16,700
40................................................     43,400     17,900
41................................................     44,200     18,200
42................................................     45,300     18,600
43................................................     46,400     19,100
44................................................     47,600     19,500
45................................................     48,700     19,900
46................................................     49,900     20,400
47................................................     51,200     20,900
48................................................     52,400     21,400
49................................................     53,700     21,900
50................................................     55,300     22,400
51................................................     56,700     22,900
52................................................     58,000     23,500
53................................................     59,800     24,000
54................................................     61,200     24,600
55................................................     63,000     25,300
56................................................     64,900     25,900
57................................................     66,400     26,500
58................................................     68,300     27,200
59................................................     70,300     27,900
60................................................     72,300     28,700
61................................................     74,400     29,500
62................................................     76,600     30,300
63................................................     79,100     31,100
64................................................     81,300     32,000
65 or older.......................................     84,000     32,800
------------------------------------------------------------------------


        Independent Students With Dependents Other Than a Spouse
------------------------------------------------------------------------
                                                        And they are
           If the age of the  student is           ---------------------
                                                     Married     Single
------------------------------------------------------------------------
                                                     Then the education
                                                      savings and asset
                                                    protection allowance
                                                            is--
------------------------------------------------------------------------
25 or less........................................          0          0
26................................................      2,900      1,200
27................................................      5,800      2,400
28................................................      8,700      3,600
29................................................     11,600      4,800
30................................................     14,500      6,000
31................................................     17,400      7,200
32................................................     20,300      8,400
33................................................     23,100      9,500
34................................................     26,000     10,700
35................................................     28,900     11,900
36................................................     31,800     13,100
37................................................     34,700     14,300
38................................................     37,600     15,500
39................................................     40,500     16,700
40................................................     43,400     17,900
41................................................     44,200     18,200
42................................................     45,300     18,600
43................................................     46,400     19,100
44................................................     47,600     19,500
45................................................     48,700     19,900
46................................................     49,900     20,400
47................................................     51,200     20,900
48................................................     52,400     21,400
49................................................     53,700     21,900
50................................................     55,300     22,400
51................................................     56,700     22,900
52................................................     58,000     23,500
53................................................     59,800     24,000
54................................................     61,200     24,600
55................................................     63,000     25,300
56................................................     64,900     25,900
57................................................     66,400     26,500
58................................................     68,300     27,200
59................................................     70,300     27,900
60................................................     72,300     28,700
61................................................     74,400     29,500
62................................................     76,600     30,300
63................................................     79,100     31,100
64................................................     81,300     32,000
65 or older.......................................     84,000     32,800
------------------------------------------------------------------------




    4. Assessment Schedules and Rates. Two schedules that are subject 
to updates, one for parents of dependent students and one for 
independent students with dependents other than a spouse, are used to 
determine the EFC toward educational expenses from family financial 
resources. For dependent students, the EFC is derived from an 
assessment of the parents' adjusted available income (AAI). For 
independent students with dependents other than a spouse, the EFC is 
derived from an assessment of the family's AAI. The AAI represents a 
measure of a family's financial strength, which considers both income 
and assets.

[[Page 30907]]

    The parents' contribution for a dependent student is computed 
according to the following schedule:

------------------------------------------------------------------------
         If AAI is--                  Then the contribution is--
------------------------------------------------------------------------
Less than -$3,409...........  -$750
($3,409) to $14,200.........  22% of AAI
$14,201 to $17,800..........  $3,124 + 25% of AAI over $14,200
$17,801 to $21,400..........  $4,024 + 29% of AAI over $17,800
$21,401 to $25,000..........  $5,068 + 34% of AAI over $21,400
$25,001 to $28,600..........  $6,292 + 40% of AAI over $25,000
$28,601 or more.............  $7,732 + 47% of AAI over $28,600
------------------------------------------------------------------------

    The contribution for an independent student with dependents other 
than a spouse is computed according to the following schedule:

------------------------------------------------------------------------
         If AAI is--                  Then the contribution is--
------------------------------------------------------------------------
Less than -$3,409...........  -$750
($3,409) to $14,200.........  22% of AAI
$14,201 to $17,800..........  $3,124 + 25% of AAI over $14,200
$17,801 to $21,400..........  $4,024 + 29% of AAI over $17,800
$21,401 to $25,000..........  $5,068 + 34% of AAI over $21,400
$25,001 to $28,600..........  $6,292 + 40% of AAI over $25,000
$28,601 or more.............  $7,732 + 47% of AAI over $28,600
------------------------------------------------------------------------

    5. Employment Expense Allowance. This allowance for employment-
related expenses, which is used for the parents of dependent students 
and for married independent students, recognizes additional expenses 
incurred by working spouses and single-parent households. The allowance 
is based upon the marginal differences in costs for a two-worker family 
compared to a one-worker family for food away from home, apparel, 
transportation, and household furnishings and operations.
    The employment expense allowance for parents of dependent students, 
married independent students without dependents other than a spouse, 
and independent students with dependents other than a spouse is the 
lesser of $3,500 or 35 percent of earned income.
    6. Allowance for State and Other Taxes. The allowance for State and 
other taxes protects a portion of the parents' and students' income 
from being considered available for postsecondary educational expenses. 
There are four categories for State and other taxes, one each for 
parents of dependent students, independent students with dependents 
other than a spouse, dependent students, and independent students 
without dependents other than a spouse. Section 478(g) of the HEA 
directs the Secretary to update the tables for State and other taxes 
after reviewing the Statistics of Income file data maintained by the 
Internal Revenue Service.

----------------------------------------------------------------------------------------------------------------
                                                                 Parents of dependents and       Dependents and
                                                            independents with dependents other    independents
                                                                       than a spouse                 without
                           State                           ------------------------------------ dependents other
                                                                                                  than a spouse
                                                              Under $15,000   $15,000 & up (%) -----------------
                                                                   (%)                               All (%)
----------------------------------------------------------------------------------------------------------------
Alabama...................................................                3                 2                 2
Alaska....................................................                2                 1                 0
Arizona...................................................                4                 3                 3
Arkansas..................................................                4                 3                 3
California................................................                8                 7                 5
Colorado..................................................                5                 4                 3
Connecticut...............................................                8                 7                 4
Delaware..................................................                4                 3                 3
District of Columbia......................................                7                 6                 6
Florida...................................................                3                 2                 1
Georgia...................................................                5                 4                 4
Hawaii....................................................                5                 4                 4
Idaho.....................................................                5                 4                 3
Illinois..................................................                5                 4                 2
Indiana...................................................                4                 3                 3
Iowa......................................................                5                 4                 3
Kansas....................................................                5                 4                 3
Kentucky..................................................                5                 4                 4
Louisiana.................................................                3                 2                 2
Maine.....................................................                6                 5                 4
Maryland..................................................                8                 7                 5
Massachusetts.............................................                7                 6                 4

[[Page 30908]]

 
Michigan..................................................                5                 4                 3
Minnesota.................................................                6                 5                 4
Mississippi...............................................                3                 2                 2
Missouri..................................................                5                 4                 3
Montana...................................................                5                 4                 3
Nebraska..................................................                5                 4                 3
Nevada....................................................                3                 2                 1
New Hampshire.............................................                5                 4                 1
New Jersey................................................                9                 8                 4
New Mexico................................................                3                 2                 3
New York..................................................                9                 8                 6
North Carolina............................................                6                 5                 4
North Dakota..............................................                3                 2                 1
Ohio......................................................                6                 5                 4
Oklahoma..................................................                4                 3                 3
Oregon....................................................                7                 6                 5
Pennsylvania..............................................                6                 5                 3
Rhode Island..............................................                7                 6                 4
South Carolina............................................                5                 4                 3
South Dakota..............................................                2                 1                 1
Tennessee.................................................                2                 1                 1
Texas.....................................................                3                 2                 1
Utah......................................................                5                 4                 4
Vermont...................................................                5                 4                 3
Virginia..................................................                6                 5                 4
Washington................................................                4                 3                 1
West Virginia.............................................                3                 2                 2
Wisconsin.................................................                7                 6                 4
Wyoming...................................................                2                 1                 1
Other.....................................................                3                 2                 2
----------------------------------------------------------------------------------------------------------------

    You may view this document, as well as all other documents of this 
Department published in the Federal Register, in text or Adobe Portable 
Document Format (PDF) on the Internet at the following site: http://
www.ed.gov/news/fedregister.
    To use PDF you must have Adobe Acrobat Reader, which is available 
free at this site. If you have questions about using PDF, call the U.S. 
Government Printing Office (GPO), toll free, at 1-888-293-6498; or in 
the Washington, DC, area at (202) 512-1530.

    Note: The official version of this document is the document 
published in the Federal Register. Free Internet access to the 
official edition of the Federal Register and the Code of Federal 
Regulations is available on GPO Access at: http://www.gpoaccess.gov/
nara/index.html.

(Catalog of Federal Domestic Assistance Numbers: 84.007 Federal 
Supplemental Educational Opportunity Grant; 84.032 Federal Family 
Education Loan Program; 84.033 Federal Work-Study Program; 84.038 
Federal Perkins Loan Program; 84.063 Federal Pell Grant Program; 
84.268 William D. Ford Federal Direct Loan Program; 84.375 Academic 
Competitiveness Grant; 84.376 National Science and Mathematics 
Access to Retain Talent Grant)

    Program Authority: 20 U.S.C. 1087rr.

    Dated: May 22, 2008.
Lawrence A. Warder,
Acting Chief Operating Officer, Federal Student Aid.
[FR Doc. E8-11953 Filed 5-28-08; 8:45 am]
BILLING CODE 4000-01-P