[Federal Register Volume 79, Number 160 (Tuesday, August 19, 2014)]
[Notices]
[Pages 49069-49070]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-19629]


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DEPARTMENT OF EDUCATION

[Docket No.: ED-2014-ICCD-0123]


Agency Information Collection Activities; Comment Request; 
Request for Title IV Reimbursement or Heightened Cash Monitoring 2 
(HCM2)

AGENCY: Federal Student Aid (FSA), Department of Education (ED).

ACTION: Notice.

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SUMMARY: In accordance with the Paperwork Reduction Act of 1995 (44 
U.S.C. chapter 3501 et seq.), ED is proposing an extension of an 
existing information collection.

DATES: Interested persons are invited to submit comments on or before 
October 20, 2014.

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-2014-ICCD-
0123 or via postal mail, commercial delivery, or hand delivery. If the 
regulations.gov site is not available to the public for any reason, ED 
will temporarily accept

[[Page 49070]]

comments at [email protected]. Please note that comments submitted by 
fax or email and those submitted after the comment period will not be 
accepted; ED will ONLY accept comments during the comment period in 
this mailbox when the regulations.gov site is not available. 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, Mailstop L-OM-2-2E319, Room 2E105, 
Washington, DC 20202.

FOR FURTHER INFORMATION CONTACT: For specific questions related to 
collection activities, please contact Jo-Anne Cheatom, 202-377-3730.

SUPPLEMENTARY INFORMATION: The Department of Education (ED), in 
accordance with the Paperwork Reduction Act of 1995 (PRA) (44 U.S.C. 
3506(c)(2)(A)), provides the general public and Federal agencies with 
an opportunity to comment on proposed, revised, and continuing 
collections of information. This helps the Department assess the impact 
of its information collection requirements and minimize the public's 
reporting burden. It also helps the public understand the Department's 
information collection requirements and provide the requested data in 
the desired format. ED is soliciting comments on the proposed 
information collection request (ICR) that is described below. 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: Request for Title IV Reimbursement or 
Heightened Cash Monitoring 2 (HCM2).
    OMB Control Number: 1845-0089.
    Type of Review: An extension of an existing information collection.
    Respondents/Affected Public: Private Sector.
    Total Estimated Number of Annual Responses: 732.
    Total Estimated Number of Annual Burden Hours: 3,660.
    Abstract: The purpose of the form is to gather financial 
information from the institution in order to process claims for 
payment. ED Payment Analysts compare data on the form with disbursement 
records in the Common Origination and Disbursement system to determine 
what amount will be paid to the institution under the restricted method 
of payments. Data and signatures are collected from the institution on 
these forms. The data collected is in regards to the Title IV program 
funds that are requested and certified by the institution in the 
President/Owner/Chief Executive Officer and the Financial Aid Director/
Third Party Servicer section of the form. The forms are signed by the 
institution official and submitted when requesting payment for 
Reimbursement or Heightened Cash Monitoring 2 claims.

    Dated: August 14, 2014.
Stephanie Valentine,
Acting Director, Information Collection Clearance Division, Privacy, 
Information and Records Management Services, Office of Management.
[FR Doc. 2014-19629 Filed 8-18-14; 8:45 am]
BILLING CODE 4000-01-P