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Agency Information Collection Activities; Submission to the Office of Management and Budget for Review and Approval; Comment Request; Fiscal Operations Report for 2025-2026 and Application To Participate 2027-2028 (FISAP) and Reallocation Form
Interested persons are invited to submit comments on or before April 27, 2026.
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Agency Information Collection Activities; Submission to the Office of Management and Budget for Review and Approval; Comment Request; Fiscal Operations Report for 2025-2026 and Application To Participate 2027-2028 (FISAP) and Reallocation Form
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Published Document: 2026-06000 (91 FR 14831)
This document has been published in the Federal Register. Use the PDF linked in the document sidebar for the official electronic format.
AGENCY:
Federal Student Aid (FSA), Department of Education (ED).
ACTION:
Notice.
SUMMARY:
In accordance with the Paperwork Reduction Act (PRA) of 1995, the Department is proposing an extension without change of a currently approved information collection request (ICR).
DATES:
Interested persons are invited to submit comments on or before April 27, 2026.
ADDRESSES:
Written comments and recommendations for proposed information collection requests should be submitted within 30 days of publication of this notice. Click on this link
www.reginfo.gov/public/do/PRAMain
to access the site. Find this information collection request (ICR) by selecting “Department of Education” under “Currently Under Review,” then check the “Only Show ICR for Public Comment” checkbox.
Reginfo.gov
provides two links to view documents related to this information collection request. Information collection forms and instructions may be found by clicking on the “View Information Collection (IC) List” link. Supporting statements and other supporting documentation may be found by clicking on the “View Supporting Statement and Other Documents” link.
FOR FURTHER INFORMATION CONTACT:
For specific questions related to collection activities, please contact Carolyn Rose, (202) 453-5967.
SUPPLEMENTARY INFORMATION:
The Department 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:
Fiscal Operations Report for 2025-2026 and Application to Participate 2027-2028 (FISAP) and Reallocation Form.
OMB Control Number:
1845-0030.
Type of Review:
Extension without change of a currently approved ICR.
Respondents/Affected Public:
State, Local, and Tribal Governments; Private Sector.
Total Estimated Number of Annual Responses:
3,691.
Total Estimated Number of Annual Burden Hours:
84,756.
Abstract:
The Higher Education Act of 1965, as amended, requires participating Title IV institutions to apply for funds and report expenditures for the Federal Perkins Loan (Perkins), the Federal Supplemental Educational Opportunity Grant (FSEOG) and the Federal Work-Study (FWS) Programs on an annual basis. The data submitted electronically in the Fiscal Operations Report and Application to Participate (FISAP) is used by the Department of Education to determine the institution's funding need for the award year and monitor program effectiveness and accountability of fund expenditures. The data is used in conjunction with institutional program reviews to assess the administrative capability and compliance of the applicant. There are no other resources for collecting this data.
The HEA requires that if an institution anticipates not using all of its allocated funds for the FWS, and FSEOG programs by the end of an award year, it must specify the anticipated remaining unused amount to the
( printed page 14832)
Secretary, who reduces the institution's allocation accordingly.
Ross Santy,
Chief Data Officer, Office of Planning, Evaluation and Policy Development.