Collects identifying and financial
information from students applying for Federal student aid for
postsecondary education. Used to calculate Expected Family
Contribution and determine eligibility for grants and loans, under
Title IV of the HEA.
The FAFSA4caster is a new tool
being added to FAFSA on the web. It is a tool to inform high school
juniors and their families of their estimated EFC and inform them
if they will be eligible for a Federal PELL Grant. It will also
reduce the time needed to complete the FAFSA in their Senior year.
The estimate is that 834,750 juniors will use the tool which takes
25 minutes to complete. The burden hour increase of 350,595 is due
to the addition of this new tool.
$70,257,853
No
No
Uncollected
Uncollected
Uncollected
Uncollected
adam essex 202 377-3515
adam.essex@ed.gov
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.