Student Assistance General Provisions, Federal Supplemental Educational Opportunity Grant, Federal Family Education Loan, Federal Work-Study, Federal Perkins Loan, Federal Pell Grant, Leveraging Educational Assistance Partnership, William D. Ford Federal Direct Loan, Academic Competitiveness Grant, National Science and Mathematics Access To Retain Talent Grant, and Teacher Education Assistance for College and Higher Education Programs, 29524-29526 [2010-12558]
Download as PDF
29524
Federal Register / Vol. 75, No. 101 / Wednesday, May 26, 2010 / Notices
may be accessed from https://
edicsweb.ed.gov, by selecting the
‘‘Browse Pending Collections’’ link and
by clicking on link number 4305. 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 the Internet address
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. 2010–12654 Filed 5–25–10; 8:45 am]
BILLING CODE 4000–01–P
Submission for OMB Review;
Comment Request
Department of Education.
The Acting Director,
Information Collection Clearance
Division, Regulatory Information
Management Services, Office of
Management invites comments on the
submission for OMB review as required
by the Paperwork Reduction Act of
1995.
AGENCY:
wwoods2 on DSK1DXX6B1PROD with NOTICES_PART 1
SUMMARY:
DATES: Interested persons are invited to
submit comments on or before June 25,
2010.
ADDRESSES: 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, New
Executive Office Building, Washington,
DC 20503, be faxed to (202) 395–5806 or
emailed to
oira_submission@omb.eop.gov with a
cc: to ICDocketMgr@ed.gov.
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
15:16 May 25, 2010
Jkt 220001
Dated: May 21, 2010.
James Hyler,
Acting Director, Information Collection
Clearance Division, Regulatory Information
Management Services, Office of Management.
Office of the Secretary
DEPARTMENT OF EDUCATION
VerDate Mar<15>2010
information collection, violate State or
Federal law, or substantially interfere
with any agency’s ability to perform its
statutory obligations. The Acting
Director, Information Collection
Clearance Division, 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.
Type of Review: Extension.
Title: Streamlined Clearance Process
for Discretionary Grant Information
Collections.
Frequency: Annually.
Affected Public: Businesses or other
for-profit; State, Local, or Tribal Gov’t,
SEAs or LEAs.
Reporting and Recordkeeping Hour
Burden:
Responses: 1.
Burden Hours: 1.
Abstract: Section 3505(a)(2) of the
Paperwork Reduction Act (PRA) of 1995
provides the OMB Director authority to
approve the steamlined clearance
process proposed in this information
collection request. This information
collection request was originally
approved by OMB in January of 1997.
This information collection streamlines
the clearance process for all
discretionary grant information
collections which do not fit the generic
application process. The streamlined
clearance process continues to reduce
the clearance time for the U.S.
Department of Education’s (ED’s)
discretionary grant information
collections by two months or 60 days.
This is desirable for two major reasons:
it would allow ED to provide better
customer service to grant applicants and
help meet ED’s goal for timely awards
of discretionary grants. This is a request
to extend the clearance process for
discretionary grant information
collections, and continue to be
streamlined in the following manner:
PO 00000
Frm 00018
Fmt 4703
Sfmt 4703
the clearance process begins when ED
submits the collection to OMB and,
simultaneously, publishes a 30-day
public comment period notice in the
Federal Register. OMB has 60 days,
following the beginning of the public
comment period, to reach a decision on
the collection.
Requests for copies of the information
collection submission for OMB review
may be accessed from https://
edicsweb.ed.gov, by selecting the
‘‘Browse Pending Collections’’ link and
by clicking on link number 4250. 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 the Internet address
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. 2010–12655 Filed 5–25–10; 8:45 am]
BILLING CODE 4000–01–P
DEPARTMENT OF EDUCATION
[CFDA Nos. 84.007, 84.032, 84.033, 84.038,
84.063, 84.069, 84.268, 84.375, 84.376, and
84.37]
Student Assistance General
Provisions, Federal Supplemental
Educational Opportunity Grant,
Federal Family Education Loan,
Federal Work-Study, Federal Perkins
Loan, Federal Pell Grant, Leveraging
Educational Assistance Partnership,
William D. Ford Federal Direct Loan,
Academic Competitiveness Grant,
National Science and Mathematics
Access To Retain Talent Grant, and
Teacher Education Assistance for
College and Higher Education
Programs
ACTION: Notice of deadline dates for
receipt of applications, reports, and
other records for the 2009–2010 award
year.
SUMMARY: The Secretary announces
deadline dates for the receipt of
documents and other information from
institutions and applicants for the
Federal student aid programs authorized
under Title IV of the Higher Education
E:\FR\FM\26MYN1.SGM
26MYN1
Federal Register / Vol. 75, No. 101 / Wednesday, May 26, 2010 / Notices
wwoods2 on DSK1DXX6B1PROD with NOTICES_PART 1
Act of 1965, as amended, for the 2009–
2010 award year. The Federal student
aid programs include the Federal
Supplemental Educational Opportunity
Grant, Federal Family Education Loan,
Federal Work-Study, Federal Perkins
Loan, Federal Pell Grant, Leveraging
Educational Assistance Partnership,
William D. Ford Federal Direct Loan,
Academic Competitiveness Grant
(ACG), National Science and
Mathematics Access to Retain Talent
Grant (National SMART Grant), and
Teacher Education Assistance for
College and Higher Education (TEACH)
programs.
These programs, administered by the
U.S. Department of Education
(Department), provide financial
assistance to students attending eligible
postsecondary educational institutions
to help them pay their educational
costs.
Deadline and Submission Dates: See
Tables A, B, and C at the end of this
notice.
Table A—Deadline Dates for
Application Processing and Receipt of
Student Aid Reports (SARs) or
Institutional Student Information
Records (ISIRs) by Institutions
Table A provides information and
deadline dates for application
processing, including receipt of the Free
Application for Federal Student Aid
(FAFSA) and corrections to and
signatures for the FAFSA, receipt of
SARs and ISIRs, and receipt of
verification documents.
The deadline date for the receipt of a
FAFSA by the Department’s Central
Processing System is June 30, 2010,
regardless of the method that the
applicant uses to submit the FAFSA.
The deadline date for the receipt of a
signature page for the FAFSA (if
required), corrections, changes of
addresses or schools, or requests for a
duplicate SAR is September 21, 2010.
Verification documents must be
received by the institution no later than
the earlier of 120 days after the student’s
last date of enrollment or September 28,
2010.
For all Federal student aid programs
except Parent PLUS, a SAR or ISIR with
an official expected family contribution
must be received by the institution no
later than the earlier of the student’s last
date of enrollment or September 28,
2010. For purposes of only the Federal
Pell Grant, ACG, or National SMART
Grant programs, a valid SAR or valid
ISIR for a student not meeting the
conditions for a late disbursement must
be received no later than the earlier of
the student’s last date of enrollment or
September 28, 2010. A valid SAR or
VerDate Mar<15>2010
15:16 May 25, 2010
Jkt 220001
valid ISIR for a student meeting the
conditions for a late disbursement under
the Federal Pell Grant, ACG, or National
SMART Grant programs must be
received according to the deadline dates
provided in Table A.
In accordance with the regulations in
34 CFR 668.164(g)(4)(i), an institution
may not make a late disbursement later
than 180 days after the date of the
institution’s determination that the
student withdrew or, for a student who
did not withdraw, as provided in 34
CFR 668.22, 180 days after the date the
student otherwise became ineligible.
Table A provides that an institution
must receive a valid SAR or valid ISIR
no later than 180 days after its
determination of a student’s withdrawal
or, for a student who did not withdraw,
180 days after the date the student
otherwise became ineligible, but not
later than September 28, 2010.
Table B—Federal Pell Grant, ACG, and
National SMART Grant Programs
Submission Dates for Disbursement
Information by Institutions
Table B provides the earliest
submission and deadline dates for
institutions to submit Federal Pell
Grant, ACG, and National SMART Grant
disbursement records to the
Department’s Common Origination and
Disbursement (COD) System and
deadline dates for requests for
administrative relief if the institution
cannot meet the established deadline for
specified reasons.
In general, an institution must submit
Federal Pell Grant, ACG, or National
SMART Grant disbursement records no
later than 30 days after making a Federal
Pell Grant, ACG, or National SMART
Grant disbursement or becoming aware
of the need to adjust a student’s
previously reported Federal Pell Grant,
ACG, or National SMART Grant
disbursement. In accordance with the
regulations in 34 CFR 668.164, we
consider that Federal Pell Grant, ACG,
and National SMART Grant funds are
disbursed on the date that the
institution: (a) Credits those funds to a
student’s account in the institution’s
general ledger or any subledger of the
general ledger, or (b) pays those funds
to a student directly. We consider that
Federal Pell Grant, ACG, and National
SMART Grant funds are disbursed even
if an institution uses its own funds in
advance of receiving program funds
from the Department. An institution’s
failure to submit disbursement records
within the required 30-day timeframe
may result in an audit or program
review finding. In addition, the
Secretary may initiate an adverse action,
PO 00000
Frm 00019
Fmt 4703
Sfmt 4703
29525
such as a fine or other penalty for such
failure.
Table C—Federal Pell Grant
Disbursement Information for a
Payment Period That Occurs in Two
Award Years (Crossover Payment
Period)
Table C provides the deadline dates
regarding when the receipt of
information requires the institution to
assign a student’s 2010 crossover
payment period that occurs in the 2009–
2010 and 2010–2011 award years to the
award year in which the student would
receive a greater Federal Pell Grant
payment for the payment period.
In accordance with 34 CFR 690.64, as
amended by the final regulations
published on October 29, 2009, and
effective on July 1, 2010 (74 FR 55902,
55951), an institution must, regardless
of a student’s enrollment status, assign
a crossover payment period (a payment
period that includes both June 30 and
July 1) to the award year in which the
student would receive the greater
payment for the crossover payment
period based on the information
available at the time the student’s
Federal Pell Grant is initially calculated.
Table C sets a September 10, 2010
deadline for the receipt of any
information that would require an
institution to reassign the 2010
crossover payment period to the award
year providing the greater payment.
During the subsequent period of time
but not later than February 1, 2011, an
institution may establish a policy
concerning reassignment of the 2010
crossover payment period (74 FR
55922).
It is important to note that for the
2010 transition crossover payment
period only, an institution is not
required to award a Federal Pell Grant
to a student from the award year that
will provide the greater payment if the
institution established a written
crossover payment period policy prior
to July 1, 2010 and under that policy a
student would be awarded a Federal
Pell Grant from the 2009–2010 award
year without applying the regulations as
amended on October 29, 2009 (74 FR
55904).
Other Sources for Detailed Information
We publish a detailed discussion of
the Federal student aid application
process in the following publications:
• 2009–2010 Funding Education
Beyond High School.
• 2009–2010 Counselors and Mentors
Handbook.
• 2009–2010 ISIR Guide.
• 2009–2010 Federal Student Aid
Handbook.
E:\FR\FM\26MYN1.SGM
26MYN1
29526
Federal Register / Vol. 75, No. 101 / Wednesday, May 26, 2010 / Notices
Additional information on the
institutional reporting requirements for
the Federal Pell Grant, ACG, and
National SMART Grant programs is
contained in the 2009–2010 COD
Technical Reference. You may access
this reference by selecting the
‘‘Publications’’ link at the Information
for Financial Aid Professionals Web site
at: https://www.ifap.ed.gov.
Applicable Regulations: The
following regulations apply: (1) Student
Assistance General Provisions, 34 CFR
part 668, (2) Federal Pell Grant Program,
34 CFR part 690, and (3) Academic
Competitiveness Grant and National
Science and Mathematics Access to
Retain Talent Grant Programs, 34 CFR
part 691.
FOR FURTHER INFORMATION CONTACT:
Harold McCullough, U.S. Department of
Education, Federal Student Aid, 830
First Street, NE., Union Center Plaza,
Room 113E1, Washington, DC 20202–
5345. Telephone: (202) 377–4030.
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 accessible
format (e.g., braille, large print,
audiotape, or computer diskette) on
request to the program contact person
listed under FOR FURTHER INFORMATION
CONTACT.
Electronic Access to This Document:
You can 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: https://www.ed.gov/news/
fedregister. To use PDF you must have
Adobe Acrobat Reader, which is
available free at this site.
wwoods2 on DSK1DXX6B1PROD with NOTICES_PART 1
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: https://www.gpoaccess.gov/nara/
index.html.
Program Authority: 20 U.S.C. 1070a,
1070a–1, 1070b–1070b–4, 1070c–
1070c–4, 1070g, 1071–1087–2, 1087a–
1087j, and 1087aa–1087ii; 42 U.S.C.
2751–2756b.
Dated: May 20, 2010.
William J. Taggart,
Chief Operating Officer, Federal Student Aid.
DEPARTMENT OF ENERGY
Federal Energy Regulatory
Commission
Combined Notice of Filings #1
Correction
In notice document 2010–7818
beginning on page 17703 in the issue of
Wednesday, April 7 make the following
correction:
On page 17704, in the first column,
immediately after the 10th line, insert
the following text:
Accession Number: 20100329–0203.
Comment Date: 5 p.m. Eastern Time
on Friday, April 16, 2010.
Docket Numbers: ER10–941–000.
Applicants: Southwest Power Pool,
Inc.
Description: Southwest Power Pool,
Inc submits an executed Letter
Agreement Regarding Comprehensive
Seams Agreement Between Entergy
Services, In and SPP.
Filed Date: 03/26/2010.
[FR Doc. C1–2010–7818 Filed 5–25–10; 8:45 am]
BILLING CODE 1505–01–D
DEPARTMENT OF ENERGY
Federal Energy Regulatory
Commission
[131 FERC ¶ 61,161; Docket No. RM93–11–
000]
Revisions to Oil Pipeline Regulations
Pursuant to the Energy Policy Act of
1992; Notice of Annual Change in the
Producer Price Index for Finished
Goods
May 19, 2010.
The Commission’s regulations include
a methodology for oil pipelines to
change their rates through use of an
index system that establishes ceiling
levels for such rates. The Commission
bases the index system, found at 18 CFR
342.3, on the annual change in the
Producer Price Index for Finished
Goods (PPI–FG), plus one point three
percent (PPI+1.3). The Commission
determined in an ‘‘Order Establishing
Index For Oil Price Change Ceiling
Levels’’ issued March 21, 2006, that
PPI+1.3 is the appropriate oil pricing
index factor for pipelines to use.1
The regulations provide that the
Commission will publish annually, an
index figure reflecting the final change
in the PPI–FG, after the Bureau of Labor
Statistics publishes the final PPI–FG in
May of each calendar year. The annual
average PPI–FG index figures were
[FR Doc. 2010–12558 Filed 5–25–10; 8:45 am]
1 114
BILLING CODE 4000–01–P
VerDate Mar<15>2010
19:33 May 25, 2010
Jkt 220001
PO 00000
FERC ¶ 61,293 at P 2 (2006).
Frm 00020
Fmt 4703
Sfmt 4703
177.1 for 2008 and 172.5 for 2009.2
Thus, the percent change (expressed as
a decimal) in the annual average PPI–FG
from 2008 to 2009, plus 1.3 percent, is
negative 0.012974.3 Oil pipelines must
multiply their July 1, 2009, through June
30, 2010, index ceiling levels by
positive 0.987026 4 to compute their
index ceiling levels for July 1, 2010,
through June 30, 2011, in accordance
with 18 CFR 342.3(d). For guidance in
calculating the ceiling levels for each 12
month period beginning January 1,
1995,5 see Explorer Pipeline Company,
71 FERC 61,416 at n.6 (1995).
In addition to publishing the full text
of this Notice in the Federal Register,
the Commission provides all interested
persons an opportunity to view and/or
print this Notice via the Internet
through FERC’s Home Page (https://
www.ferc.gov) and in FERC’s Public
Reference Room during normal business
hours (8:30 a.m. to 5 p.m. Eastern time)
at 888 First Street, NE, Room 2A,
Washington DC 20426. The full text of
this Notice is available on FERC’s Home
Page at the eLibrary link. To access this
document in eLibrary, type the docket
number excluding the last three digits of
this document in the docket number
field and follow other directions on the
search page.
User assistance is available for
eLibrary and other aspects of FERC’s
Web site during normal business hours.
For assistance, please contact the
Commission’s Online Support at 1–866–
208–3676 (toll free) or 202–502–6652 (email at FERCOnlineSupport@ferc.gov),
or the Public Reference Room at (202)
502–8371, TTY (202) 502–8659. E–Mail
the Public Reference Room at
public.referenceroom@ferc.gov.
Kimberly D. Bose,
Secretary.
[FR Doc. 2010–12622 Filed 5–25–10; 8:45 am]
BILLING CODE 6717–01–P
2 Bureau of Labor Statistics (BLS) publishes the
final figure in mid-May of each year. This figure is
publicly available from the Division of Industrial
Prices and Price Indexes of the BLS, at (202) 691–
7705, and in print in August in Table 1 of the
annual data supplement to the BLS publication
Producer Price Indexes via the Internet at https://
www.bls.gov/ppi/home.htm. To obtain the BLS
data, scroll down to ‘‘PPI Databases’’ and click on
‘‘Top Picks’’ of the Commodity Data (Producer Price
Index—PPI). At the next screen, under the heading
‘‘Producer Price Index/PPI Commodity Data,’’ select
the first box, ‘‘Finished goods—WPUSOP3000,’’
then scroll all the way to the bottom of this screen
and click on Retrieve data.
3 [172.5¥177.1]/177.1 = (¥0.025974) + .013 =
(¥0.012974)
4 1 + (¥0.012974) = 0.987026
5 For a listing of all prior multipliers issued by the
Commission, see the Commission’s Web site,
https://www.ferc.gov/industries/oil/gen-info/
pipeline-index.asp.
E:\FR\FM\26MYN1.SGM
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Agencies
[Federal Register Volume 75, Number 101 (Wednesday, May 26, 2010)]
[Notices]
[Pages 29524-29526]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-12558]
-----------------------------------------------------------------------
DEPARTMENT OF EDUCATION
[CFDA Nos. 84.007, 84.032, 84.033, 84.038, 84.063, 84.069, 84.268,
84.375, 84.376, and 84.37]
Student Assistance General Provisions, Federal Supplemental
Educational Opportunity Grant, Federal Family Education Loan, Federal
Work-Study, Federal Perkins Loan, Federal Pell Grant, Leveraging
Educational Assistance Partnership, William D. Ford Federal Direct
Loan, Academic Competitiveness Grant, National Science and Mathematics
Access To Retain Talent Grant, and Teacher Education Assistance for
College and Higher Education Programs
ACTION: Notice of deadline dates for receipt of applications, reports,
and other records for the 2009-2010 award year.
-----------------------------------------------------------------------
SUMMARY: The Secretary announces deadline dates for the receipt of
documents and other information from institutions and applicants for
the Federal student aid programs authorized under Title IV of the
Higher Education
[[Page 29525]]
Act of 1965, as amended, for the 2009-2010 award year. The Federal
student aid programs include the Federal Supplemental Educational
Opportunity Grant, Federal Family Education Loan, Federal Work-Study,
Federal Perkins Loan, Federal Pell Grant, Leveraging Educational
Assistance Partnership, William D. Ford Federal Direct Loan, Academic
Competitiveness Grant (ACG), National Science and Mathematics Access to
Retain Talent Grant (National SMART Grant), and Teacher Education
Assistance for College and Higher Education (TEACH) programs.
These programs, administered by the U.S. Department of Education
(Department), provide financial assistance to students attending
eligible postsecondary educational institutions to help them pay their
educational costs.
Deadline and Submission Dates: See Tables A, B, and C at the end of
this notice.
Table A--Deadline Dates for Application Processing and Receipt of
Student Aid Reports (SARs) or Institutional Student Information Records
(ISIRs) by Institutions
Table A provides information and deadline dates for application
processing, including receipt of the Free Application for Federal
Student Aid (FAFSA) and corrections to and signatures for the FAFSA,
receipt of SARs and ISIRs, and receipt of verification documents.
The deadline date for the receipt of a FAFSA by the Department's
Central Processing System is June 30, 2010, regardless of the method
that the applicant uses to submit the FAFSA. The deadline date for the
receipt of a signature page for the FAFSA (if required), corrections,
changes of addresses or schools, or requests for a duplicate SAR is
September 21, 2010. Verification documents must be received by the
institution no later than the earlier of 120 days after the student's
last date of enrollment or September 28, 2010.
For all Federal student aid programs except Parent PLUS, a SAR or
ISIR with an official expected family contribution must be received by
the institution no later than the earlier of the student's last date of
enrollment or September 28, 2010. For purposes of only the Federal Pell
Grant, ACG, or National SMART Grant programs, a valid SAR or valid ISIR
for a student not meeting the conditions for a late disbursement must
be received no later than the earlier of the student's last date of
enrollment or September 28, 2010. A valid SAR or valid ISIR for a
student meeting the conditions for a late disbursement under the
Federal Pell Grant, ACG, or National SMART Grant programs must be
received according to the deadline dates provided in Table A.
In accordance with the regulations in 34 CFR 668.164(g)(4)(i), an
institution may not make a late disbursement later than 180 days after
the date of the institution's determination that the student withdrew
or, for a student who did not withdraw, as provided in 34 CFR 668.22,
180 days after the date the student otherwise became ineligible. Table
A provides that an institution must receive a valid SAR or valid ISIR
no later than 180 days after its determination of a student's
withdrawal or, for a student who did not withdraw, 180 days after the
date the student otherwise became ineligible, but not later than
September 28, 2010.
Table B--Federal Pell Grant, ACG, and National SMART Grant Programs
Submission Dates for Disbursement Information by Institutions
Table B provides the earliest submission and deadline dates for
institutions to submit Federal Pell Grant, ACG, and National SMART
Grant disbursement records to the Department's Common Origination and
Disbursement (COD) System and deadline dates for requests for
administrative relief if the institution cannot meet the established
deadline for specified reasons.
In general, an institution must submit Federal Pell Grant, ACG, or
National SMART Grant disbursement records no later than 30 days after
making a Federal Pell Grant, ACG, or National SMART Grant disbursement
or becoming aware of the need to adjust a student's previously reported
Federal Pell Grant, ACG, or National SMART Grant disbursement. In
accordance with the regulations in 34 CFR 668.164, we consider that
Federal Pell Grant, ACG, and National SMART Grant funds are disbursed
on the date that the institution: (a) Credits those funds to a
student's account in the institution's general ledger or any subledger
of the general ledger, or (b) pays those funds to a student directly.
We consider that Federal Pell Grant, ACG, and National SMART Grant
funds are disbursed even if an institution uses its own funds in
advance of receiving program funds from the Department. An
institution's failure to submit disbursement records within the
required 30-day timeframe may result in an audit or program review
finding. In addition, the Secretary may initiate an adverse action,
such as a fine or other penalty for such failure.
Table C--Federal Pell Grant Disbursement Information for a Payment
Period That Occurs in Two Award Years (Crossover Payment Period)
Table C provides the deadline dates regarding when the receipt of
information requires the institution to assign a student's 2010
crossover payment period that occurs in the 2009-2010 and 2010-2011
award years to the award year in which the student would receive a
greater Federal Pell Grant payment for the payment period.
In accordance with 34 CFR 690.64, as amended by the final
regulations published on October 29, 2009, and effective on July 1,
2010 (74 FR 55902, 55951), an institution must, regardless of a
student's enrollment status, assign a crossover payment period (a
payment period that includes both June 30 and July 1) to the award year
in which the student would receive the greater payment for the
crossover payment period based on the information available at the time
the student's Federal Pell Grant is initially calculated. Table C sets
a September 10, 2010 deadline for the receipt of any information that
would require an institution to reassign the 2010 crossover payment
period to the award year providing the greater payment. During the
subsequent period of time but not later than February 1, 2011, an
institution may establish a policy concerning reassignment of the 2010
crossover payment period (74 FR 55922).
It is important to note that for the 2010 transition crossover
payment period only, an institution is not required to award a Federal
Pell Grant to a student from the award year that will provide the
greater payment if the institution established a written crossover
payment period policy prior to July 1, 2010 and under that policy a
student would be awarded a Federal Pell Grant from the 2009-2010 award
year without applying the regulations as amended on October 29, 2009
(74 FR 55904).
Other Sources for Detailed Information
We publish a detailed discussion of the Federal student aid
application process in the following publications:
2009-2010 Funding Education Beyond High School.
2009-2010 Counselors and Mentors Handbook.
2009-2010 ISIR Guide.
2009-2010 Federal Student Aid Handbook.
[[Page 29526]]
Additional information on the institutional reporting requirements
for the Federal Pell Grant, ACG, and National SMART Grant programs is
contained in the 2009-2010 COD Technical Reference. You may access this
reference by selecting the ``Publications'' link at the Information for
Financial Aid Professionals Web site at: https://www.ifap.ed.gov.
Applicable Regulations: The following regulations apply: (1)
Student Assistance General Provisions, 34 CFR part 668, (2) Federal
Pell Grant Program, 34 CFR part 690, and (3) Academic Competitiveness
Grant and National Science and Mathematics Access to Retain Talent
Grant Programs, 34 CFR part 691.
FOR FURTHER INFORMATION CONTACT: Harold McCullough, U.S. Department of
Education, Federal Student Aid, 830 First Street, NE., Union Center
Plaza, Room 113E1, Washington, DC 20202-5345. Telephone: (202) 377-
4030.
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
accessible format (e.g., braille, large print, audiotape, or computer
diskette) on request to the program contact person listed under FOR
FURTHER INFORMATION CONTACT.
Electronic Access to This Document: You can 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: https://www.ed.gov/news/fedregister. To
use PDF you must have Adobe Acrobat Reader, which is available free at
this site.
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: https://www.gpoaccess.gov/nara/.
Program Authority: 20 U.S.C. 1070a, 1070a-1, 1070b-1070b-4, 1070c-
1070c-4, 1070g, 1071-1087-2, 1087a-1087j, and 1087aa-1087ii; 42 U.S.C.
2751-2756b.
Dated: May 20, 2010.
William J. Taggart,
Chief Operating Officer, Federal Student Aid.
[FR Doc. 2010-12558 Filed 5-25-10; 8:45 am]
BILLING CODE 4000-01-P