THIS REQUEST, AS
AMENDED BY THE FOLLOWING SUBMISSIONS MADE TO OMB BY VALARIE FOWLER
OF EDUCATION, IS APPROVED: 1. THE REVISED FORM SUBMITTED 7-26-84.
2. THE REVISED INSTRUCTIONS SUBMITTED 8-3-84. THIS APPROVAL IS ONLY
FOR THE 1984-85 AWARD YEAR. IT MAY NOT BE USED FOR THE 1985-86
AWARD YEAR WITHOUT OMB APPROVAL.
Inventory as of this Action
Requested
Previously Approved
03/31/1986
03/31/1986
03/31/1986
78,000
0
62,400
100,100
0
57,200
0
0
0
THE INSTITUTIONAL PAYMENT SUMMARY
(IPS) ALONG WITH THE STUDENT AID REPORT (SAR) PART 3 IS REPLACING
THE FUNCTIONS OF THE PROGRESS REPORT, ED 255-3 AND THE STUDENT
VALIDATION ROSTER, ED 255-4. THE IPS IS THE VEHICLE THROUGH WHICH
THE HIGHER EDUCATION COMMUNITY REPORTS CUMULATIV PAYMENT DATA FOR
THE STUDENTS, AT THEIR INSTITUTION, ELIGIBLE TO RECEI A PELL GRANT.
ADJUSTMENTS TO AN INSTITUTION'S PELL GRANT FUNDING LEVE WILL BE
MADE BASED ON THE INFORMATION CONTAINED ON THIS FORM.
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.