FISAP 2025-2026 Fiscal Operations Report and 2027-2028 Application to Participate Extension Notice

The U.S. Department of Education is seeking approval from the Office of Management and Budget (OMB) to extend, without any changes, the currently approved information collection request associated with the Fiscal Operations Report and Application to Participate (FISAP). This notice is issued in compliance with the Paperwork Reduction Act (PRA) of 1995, which requires federal agencies to obtain OMB clearance before collecting information from the public. The FISAP is the primary reporting and application instrument used by institutions of higher education to account for their administration of federal campus-based student aid programs for the 2025-2026 award year and to apply for fund allocations for the 2027-2028 award year. These campus-based programs include the Federal Supplemental Educational Opportunity Grant (FSEOG), Federal Work-Study (FWS), and historically the Federal Perkins Loan program. Because this is an extension without change, no new requirements, thresholds, or modifications are being introduced. Institutions that currently participate in these programs are not subject to any new compliance burdens beyond what is already established. The extension simply ensures continuity of the existing data collection framework. Stakeholders, including higher education institutions, student aid administrators, and the general public, are invited to comment on the necessity, accuracy, and burden of this information collection as part of the standard public comment process.

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