Notice of Proposed Information Collection Requests; Federal Student Aid; Student Assistance General Provisions Non-Title IV Revenue Requirements (90/10), 60413 [2012-24222]

Download as PDF Federal Register / Vol. 77, No. 192 / Wednesday, October 3, 2012 / Notices requirements of the annual fire safety report. The information collection requirements in the regulations are necessary to prevent fraud and abuse of program and for reporting to Congress. Dated: September 26, 2012. Darrin A. King, Director, Information Collection Clearance Division, Privacy, Information and Records Management Services, Office of Management. [FR Doc. 2012–24220 Filed 10–2–12; 8:45 am] BILLING CODE 4000–01–P DEPARTMENT OF EDUCATION Notice of Proposed Information Collection Requests; Federal Student Aid; Student Assistance General Provisions Non-Title IV Revenue Requirements (90/10) The Department of Education’s regulations at 34 CFR 668.28(b) and 668.28(c) establish the requirements under which a prorprietary institution of higher education must derive at least ten percent of its annual revenue from resources other than Title IV Higher Education Act (HEA) funds, and implements the Net Present Value (NPV) formula and its alternative calculation prescribed by the statute and implemented through these regulations, and identifies sanctions for failing to meet the requirements. DATES: Interested persons are invited to submit comments on or before December 3, 2012. ADDRESSES: Comments submitted in response to this notice should be submitted electronically through the Federal eRulemaking Portal at http:// www.regulations.gov by selecting Docket ID number ED–2012–ICCD–0030 or via postal mail, commercial delivery, or hand delivery. Please note that comments submitted by fax or email and those submitted after the comment period will not be accepted. Written requests for information or comments submitted by postal mail or delivery should be addressed to the Director of the Information Collection Clearance Division, U.S. Department of Education, 400 Maryland Avenue SW., LBJ Room 2E117, Washington, DC 20202–4537. Please specify the complete title of the information collection and OMB Control Number when making your request. SUPPLEMENTARY INFORMATION: Section 3506 of the Paperwork Reduction Act of 1995 (44 U.S.C. chapter 35) requires that Federal agencies provide interested parties an early opportunity to comment on information collection requests. The Director, Information Collection erowe on DSK2VPTVN1PROD with SUMMARY: VerDate Mar<15>2010 15:03 Oct 02, 2012 Jkt 229001 Clearance Division, Privacy, Information and Records Management Services, Office of Management, publishes this notice containing proposed information collection requests at the beginning of the Departmental review of the information collection. The Department of Education is especially interested in public comment addressing the following issues: (1) Is this collection necessary to the proper functions of the Department; (2) will this information be processed and used in a timely manner; (3) is the estimate of burden accurate; (4) how might the Department enhance the quality, utility, and clarity of the information to be collected; and (5) how might the Department minimize the burden of this collection on the respondents, including through the use of information technology. Please note that written comments received in response to this notice will be considered public records. Title of Collection: Student Assistance General Provisions Non-Title IV Revenue Requirements (90/10). OMB Control Number: 1845–0096. Type of Review: Extension. Total Estimated Number of Annual Responses: 2,201. Total Estimated Number of Annual Burden Hours: 3,302. Abstract: As provided by the Higher Education Opportunity Act (Pub. L. 110–315), the Department of Education’s regulations at 34 CFR 668.28(b) and 668.28(c) provide that a proprietary institution must derive at least 10% of its annual revenue from sources other than Title IV, HEA funds, identifies sanctions for failing to meet the requirement, and otherwise implement the statute by (1) specifying a NPV formula used to establish the revenue for institutional loans, (2) providing an administratively easier alternative to the NPV calculation, and (3) describing more fully the non-Title IV eligible programs from which revenue may be counted for 90/10 purposes. The regulations require an institution to disclose in a footnote to its audited financial statements the amounts of Federal and non-Federal revenues, by category, that it used in calculating its 90/10 ratio (see section 487(d) of the HEA). This request is for extending approval of reporting requirements contained in the regulations related to the administrative requirements of the non-Title IV revenue requirement (90/10) program. The information collection requirements in the regulations are necessary to determine eligibility to receive program benefits and to prevent fraud and abuse of program funds. PO 00000 Frm 00041 Fmt 4703 Sfmt 4703 60413 Dated: September 26, 2012. Darrin A. King, Director, Information Collection Clearance Division, Privacy, Information and Records Management Services, Office of Management. [FR Doc. 2012–24222 Filed 10–2–12; 8:45 am] BILLING CODE 4000–01–P DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Project No. 12958–002] Uniontown Hydro, LLC; Notice of Application Accepted for Filing, Soliciting Motions To Intervene and Protests, Ready for Environmental Analysis, and Soliciting Comments, Recommendations, Preliminary Terms and Conditions, and Preliminary Fishway Prescriptions Take notice that the following hydroelectric application has been filed with the Commission and is available for public inspection. a. Type of Application: Original Major License. b. Project No.: 12958–002. c. Date filed: April 29, 2011. d. Applicants: Uniontown Hydro, LLC. e. Name of Project: Uniontown Hydroelectric Project. f. Location: The project would be located on the Ohio River at the existing U.S. Army Corps of Engineers’ (Corps) John T. Myers Locks and Dam in Union County, Kentucky and Posey County, Indiana. g. Filed Pursuant to: Federal Power Act 16 U.S.C. .791(a)—825(r). h. Applicant Contacts: Brent L. Smith, COO, Symbiotics LLC, 371 Upper Terrace, Suite 2, Bend, OR 97702, (541) 330–8779; Dr. Vincent A. Lamarra, CEO, Symbiotics LLC, 975 South State Highway, Logan, UT 84321, (435) 752– 2580. i. FERC Contact: Jennifer Adams, (202) 502–8087, or jennifer.adams@ferc.gov. j. Deadline for filing motions to intervene and protests, comments, recommendations, preliminary terms and conditions, and preliminary prescriptions: 60 days from the issuance date of this notice; reply comments are due 105 days from the issuance date of this notice. Motions to intervene, protests, comments, recommendations, preliminary terms and conditions, and preliminary fishway prescriptions may be filed electronically via the Internet. See 18 CFR 385.2001(a)(1)(iii) and the instructions on the Commission’s Web E:\FR\FM\03OCN1.SGM 03OCN1

Agencies

[Federal Register Volume 77, Number 192 (Wednesday, October 3, 2012)]
[Notices]
[Page 60413]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-24222]


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DEPARTMENT OF EDUCATION


Notice of Proposed Information Collection Requests; Federal 
Student Aid; Student Assistance General Provisions Non-Title IV Revenue 
Requirements (90/10)

SUMMARY: The Department of Education's regulations at 34 CFR 668.28(b) 
and 668.28(c) establish the requirements under which a prorprietary 
institution of higher education must derive at least ten percent of its 
annual revenue from resources other than Title IV Higher Education Act 
(HEA) funds, and implements the Net Present Value (NPV) formula and its 
alternative calculation prescribed by the statute and implemented 
through these regulations, and identifies sanctions for failing to meet 
the requirements.

DATES: Interested persons are invited to submit comments on or before 
December 3, 2012.

ADDRESSES: Comments submitted in response to this notice should be 
submitted electronically through the Federal eRulemaking Portal at 
http://www.regulations.gov by selecting Docket ID number ED-2012-ICCD-
0030 or via postal mail, commercial delivery, or hand delivery. Please 
note that comments submitted by fax or email and those submitted after 
the comment period will not be accepted. Written requests for 
information or comments submitted by postal mail or delivery should be 
addressed to the Director of the Information Collection Clearance 
Division, U.S. Department of Education, 400 Maryland Avenue SW., LBJ 
Room 2E117, Washington, DC 20202-4537. Please specify the complete 
title of the information collection and OMB Control Number when making 
your request.

SUPPLEMENTARY INFORMATION: Section 3506 of the Paperwork Reduction Act 
of 1995 (44 U.S.C. chapter 35) requires that Federal agencies provide 
interested parties an early opportunity to comment on information 
collection requests. The Director, Information Collection Clearance 
Division, Privacy, Information and Records Management Services, Office 
of Management, publishes this notice containing proposed information 
collection requests at the beginning of the Departmental review of the 
information collection. The Department of Education is especially 
interested in public comment addressing the following issues: (1) Is 
this collection necessary to the proper functions of the Department; 
(2) will this information be processed and used in a timely manner; (3) 
is the estimate of burden accurate; (4) how might the Department 
enhance the quality, utility, and clarity of the information to be 
collected; and (5) how might the Department minimize the burden of this 
collection on the respondents, including through the use of information 
technology. Please note that written comments received in response to 
this notice will be considered public records.
    Title of Collection: Student Assistance General Provisions Non-
Title IV Revenue Requirements (90/10).
    OMB Control Number: 1845-0096.
    Type of Review: Extension.
    Total Estimated Number of Annual Responses: 2,201.
    Total Estimated Number of Annual Burden Hours: 3,302.
    Abstract: As provided by the Higher Education Opportunity Act (Pub. 
L. 110-315), the Department of Education's regulations at 34 CFR 
668.28(b) and 668.28(c) provide that a proprietary institution must 
derive at least 10% of its annual revenue from sources other than Title 
IV, HEA funds, identifies sanctions for failing to meet the 
requirement, and otherwise implement the statute by (1) specifying a 
NPV formula used to establish the revenue for institutional loans, (2) 
providing an administratively easier alternative to the NPV 
calculation, and (3) describing more fully the non-Title IV eligible 
programs from which revenue may be counted for 90/10 purposes. The 
regulations require an institution to disclose in a footnote to its 
audited financial statements the amounts of Federal and non-Federal 
revenues, by category, that it used in calculating its 90/10 ratio (see 
section 487(d) of the HEA). This request is for extending approval of 
reporting requirements contained in the regulations related to the 
administrative requirements of the non-Title IV revenue requirement 
(90/10) program. The information collection requirements in the 
regulations are necessary to determine eligibility to receive program 
benefits and to prevent fraud and abuse of program funds.

    Dated: September 26, 2012.
Darrin A. King,
Director, Information Collection Clearance Division, Privacy, 
Information and Records Management Services, Office of Management.
[FR Doc. 2012-24222 Filed 10-2-12; 8:45 am]
BILLING CODE 4000-01-P