CARES Act 18004(a)(1) Reserve Fund Application

ICR 202007-1840-002

OMB: 1840-0847

Federal Form Document

ICR Details
1840-0847 202007-1840-002
Historical Active
ED/OPE
CARES Act 18004(a)(1) Reserve Fund Application
New collection (Request for a new OMB Control Number)   No
Emergency 07/17/2020
Approved with change 07/17/2020
Retrieve Notice of Action (NOA) 07/16/2020
OMB approves the Department's request for emergency clearance of this ICR to facilitate the implementation of the CARES Act. Given ED's inability to seek public comment in advance of OMB approval, ED will include 60-day public comment language for the regular collection within the emergency notice. This will allow the public the full comment period for the regular collection as required by 5 CFR 1320.8(d).
  Inventory as of this Action Requested Previously Approved
01/31/2021 6 Months From Approved
100 0 0
150 0 0
0 0 0

Section 18004(a)(1) of the CARES Act, Pub. L. No. 116-136 (March 27, 2020), authorizes the Secretary of Education to allocate formula grant funds to participating institutions of higher educations (IHEs). Section 18004(c) of the CARES Act requires the IHEs to use no less than fifty percent of the funds received to provide emergency financial aid grants to students for expenses related to the disruption of campus operations due to coronavirus (including eligible expenses under a student’s cost of attendance such as food, housing, course materials, technology, health care, and child care). This collection includes application materials for those institutions not included in the original formula-based allocation table under 18004(a)(1) because the requisite Integrated Postsecondary Education Data System (IPEDS) enrollment data and Federal Student Aid (FSA) Pell data were not available.
Section 18004(a)(1) of the CARES Act authorizes the Secretary of Education to allocate formula grant funds to participating institutions of higher educations (IHEs). Section 18004(c) of the CARES Act requires the IHEs to use no less than fifty percent of the funds received to provide emergency financial aid grants to students for expenses related to the disruption of campus operations due to coronavirus (including eligible expenses under a student’s cost of attendance such as food, housing, course materials, technology, health care, and child care).

PL: Pub.L. 116 - 136 18004(a)(1) Name of Law: CARES Act
  
PL: Pub.L. 116 - 136 18004(a)(1) Name of Law: CARES Act

Not associated with rulemaking

No

3
IC Title Form No. Form Name
CARES Act 18004(a)(1) Reserve Fund Application N/A, N/A, N/A N/A ,   N/A ,   N/A
CARES Act 18004(a)(1) Reserve Fund Application N/A, N/A, N/A N/A ,   N/A ,   N/A
CARES Act 18004(a)(1) Reserve Fund Application N/A, N/A N/A ,   N/A

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 100 0 0 100 0 0
Annual Time Burden (Hours) 150 0 0 150 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Miscellaneous Actions
No
This is a new collection. Therefore, all burden is new.

$0
No
    No
    No
No
No
No
Yes
Gaby Watts 202 453-7195

  No

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.
07/16/2020


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