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federal register

May 16, 1997

Part IV

Department of
34 CFR Part 668
Student Assistance General Provisions;
Final Rule

27128 Federal Register / Vol. 62, No. 95 / Friday, May 16, 1997 / Rules and Regulations

DEPARTMENT OF EDUCATION 1996 (61 FR 60490 (Record Retention)), Consumer protection, Education,
November 29, 1996 (61 FR 60565 Reporting and recordkeeping
34 CFR Part 668 (Financial Responsibility)), and requirements, Student aid, Vocational
November 29, 1996 (61 FR 60578 education.
RIN 1840–AC36
(Project EASI/Cash Management)).
Dated: May 9, 1997.
Student Assistance General Provisions Compliance with information collection
requirements in certain sections of these David A. Longanecker,
AGENCY: Department of Education. regulations was delayed until those Assistant Secretary for Postsecondary
ACTION: Final regulations. requirements were approved by OMB Education.
under the Paperwork Reduction Act of
SUMMARY: The Secretary amends the The Secretary amends part 668 of title
1995. On January 17, 1997, OMB
regulations governing the Student 34 of the Code of Federal Regulations as
approved the information collection
Assistance General Provisions to add requirements for the record retention follows:
the Office of Management and Budget regulations, the factors of financial
(OMB) control numbers to certain PART 668—STUDENT ASSISTANCE
responsibility regulations, the standards
sections of these regulations. These GENERAL PROVISIONS
of administrative capability, the
sections contain information collection compliance and financial statement
requirements approved by OMB. Under 1. The authority citation for Part 668
audit regulations. On January 27, OMB continues to read as follows:
the Paperwork Reduction Act of 1995, approved the information collection
no persons are required to respond to a requirements for the EASI/cash Authority: 20 U.S.C. 1085, 1088, 1091,
collection of information unless it management regulations. The 1092, 1094, 1099c, and 1141, unless
displays a valid OMB control number. information collection requirements in otherwise noted.
The Secretary takes this action to inform these regulations will become effective
the public that these regulations have §§ 668.15, 668.16, 668.23, 668.24
with all of the other provisions of the [Amended]
been approved and affected parties must regulations on July 1, 1997.
comply with them. 2. Sections 668.15, 668.16, 668.23,
EFFECTIVE DATE: These regulations are Waiver of Proposed Rulemaking
and 668.24 are amended by adding the
effective on July 1, 1997. It is the practice of the Secretary to OMB control number following the
FOR FURTHER INFORMATION CONTACT: offer interested parties the opportunity sections to read as follows: ‘‘(Approved
Paula Husselmann, U.S. Department of to comment on proposed regulations. by the Office of Management and
Education, 600 Independence Avenue, However, the publication of OMB Budget under control number 1840–
S.W., (Room 3053, ROB–3) Washington, control numbers is purely technical and 0537)’’
D.C. 20202. Telephone: (202) 708–8242. does not establish substantive policy.
Individuals who use a Therefore, the Secretary has determined §§ 668.165, 668.167 [Amended]
telecommunications device for the deaf that, under 5 U.S.C. 553(b)(B), public
comment on the regulations is 3. Sections 668.165 and 668.167 are
(TDD) may call the Federal Information
unnecessary and contrary to the public amended by adding the OMB control
Relay Service (FIRS) at 1–800–877–8339
interest. number following the sections to read as
between 8 a.m. and 8 p.m. Eastern time,
follows: ‘‘(Approved by the Office of
Monday through Friday. List of Subjects Management and Budget under control
34 CFR Part 668 number 1840–0697)’’
regulations for the Student Assistance
General Provisions were published in Administrative practice and [FR Doc. 97–12879 Filed 5–15–97; 8:45 am]
the Federal Register on November 27, procedure, Colleges and universities, BILLING CODE 4000–01–P