Office of Postsecondary Education - U.S. Department of Education

66944 Federal Register / Vol. 75, No. 209 / Friday, October 29, 2010 / Rules and RegulationsCollectively, the final regulatorychanges reflected in § 668.164 willincrease burden by 54,336 hours inOMB Control Number 1845–NEW3.WReier-Aviles on DSKGBLS3C1PROD with RULES2COLLECTION OF INFORMATIONRegulatory Section Information collection Collection668.6 ....................... This regulatory section will require institutions to report for each student whoduring an award year began attending or completed a program that preparesa student for gainful employment information needed to identify the studentand the location of the institution the student attended, the CIP code for theprogram, the date the student completed the program, the amounts the studentreceived from private educational loans and the amount from institutionalfinancing plans that the student owes the institution after completingthe program, and whether the student matriculated to a higher credentialedprogram at the same institution or another institution. Institutions will have todisclose information to prospective students about the occupations (bynames and SOC codes) that its programs prepare students to enter, alongwith links to occupational profiles on O–NET or its successor site, or if thenumber of occupations related to the programs on O–Net is more than ten(10), the institution may provide Web links to a representative sample of theSOCs for which its graduates typically find employment within a few yearsafter completing the program. In addition, the institution will also have to reportthe on-time graduation rate for students entering the program; the totalamount of tuition and fees it charges a student for completing the programwithin the normal timeframe, the typical costs for books and supplies, and thetypical costs for room and board, if applicable. The institution may include informationon other costs, such as transportation and living expenses, but itmust provide a Web link, or access, to the program cost information the institutionmakes available under § 668.43(a). Beginning July 1, 2011, the institutionmust provide prospective students with the placement rate for studentscompleting the program, as determined by the institution’s accrediting agencyor State requirements, until NCES develops and makes available a newplacement rate, and the median loan debt incurred by students who completedthe program, as provided by the Secretary, as well as other informationthe Secretary provided to the institution about the program. Separately,the institution must identify the median loan dept from title IV, HEA programloans, and the median loan debt from private educational loan and institutionalfinancing plans.668.8 ....................... This regulatory section provides for a new conversion ratio when convertingclock hours to credit hours. As finalized, this section will include an exemptionfor affected institutions if the accrediting agency or the State approvalagency finds that there are no deficiencies in the institutions policies and proceduresfor these conversions. Under the exception, the institution will use alower ratio and could consider student’s outside work in the total hours beingconverted to credit hours. Burden will increase for proprietary, not-for profitand public institutions when they measure whether certain programs whenconverted from clock hours to credit hours have sufficient credit hours to receivetitle VI, HEA funds.668.16 ..................... This regulatory section will be streamlined by moving most of the elements ofsatisfactory academic progress (SAP) from this section to § 668.34. Underthis proposal, the required elements of SAP will be expanded to providegreater institutional flexibility. Burden will increase for proprietary, not-for profitand public institutions to develop a high school diploma validity processand will increase when certain diplomas are verified.668.22 ..................... This regulatory section will consider a student to have withdrawn if the studentdoes not complete all the days in the payment period or period of enrollmentthat the student was scheduled to complete prior to withdrawing. Burden willincrease for individuals, proprietary, not-for profit and public institutions whenstudents in term-based programs with modules or compressed courses withdrawbefore completing more than 60 percent of the payment period or periodof enrollment for which a calculation will be performed to determine theearned and unearned portions of title IV, HEA program assistance.668.34 ..................... This regulatory section has been restructured and the satisfactory academicprogress requirements have been expanded to allow for more frequentmeasuring of SAP. Burden will increase for individuals and proprietary, notforprofit and public institutions for institutions to measure academic progressand when academic plans or alternatives will be provided to students who donot meet the institution’s academic standards.VerDate Mar2010 14:10 Oct 28, 2010 Jkt 223001 PO 00000 Frm 00114 Fmt 4701 Sfmt 4700 E:\FR\FM\29OCR2.SGM 29OCR2OMB 1845–NEW1. This will be a newcollection. Separate 60-day and 30-day Federal Register notices werepublished to solicit comment. Theburden will increase by 677,160hours.OMB 1845–0022. The burden will increaseby 18,349 hours.OMB 1845–0022 and OMB 1845–NEW2. The burden hours attributableto SAP in OMB 1845–0022 will beadministratively transferred to OMB1845–NEW2. Additionally, the burdenwill increase by 21,982 hours in OMB1845–0022.OMB 1845–0022. The burden will increaseby 743,881 hours.OMB 1845–NEW2. This will be a newcollection. Separate 60-day and 30-day Federal Register notices werepublished to solicit comment. Theburden will increase by 976,856hours.