[Federal Register Volume 76, Number 35 (Tuesday, February 22, 2011)]
[Notices]
[Pages 9787-9788]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-3803]
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DEPARTMENT OF HEALTH AND HUMAN SERVICES
Administration for Children and Families
Proposed Information Collection Activity; Comment Request
Proposed Projects
Title: AFI Financial Education Practices and Cost Study.
OMB No.: New collection.
Description: The Office of Community Services (OCS) within the
Administration for Children and Families is conducting a descriptive
study of Financial Education Practices among Assets for Independence
(AFI) grantees to increase its knowledge about current practices in
financial education for AFI participants and the costs involved to
provide the financial education.
The Assets for Independence program is a national demonstration
through which OCS awards grants to community-based nonprofit
organizations, and State, local, and tribal government agencies
nationwide. The AFI program is authorized in Section 402 of the
Community Opportunities, Accountability, and Training and Educational
Services Act of 1998 (Title IV of Pub. L. 105-285). Grantees implement
five year projects that empower low-income families and individuals to
save earned income and purchase an economic asset as a means for
becoming economically self-sufficient. Grantees provide eligible low-
income individuals and families access to matched savings accounts,
known as individual development accounts (IDAs). In addition, grantees
provide asset-building services to program participants, such as
financial literacy education, and specialized asset-specific training
regarding asset purchase and ownership.
This data collection effort will provide OCS with a better
understanding of the future needs of AFI grantees in financial
education and help OCS to build strategies to strengthen the quality of
the financial education provided to AFI participants. The data
collection will be collected once through two instruments: The Survey
of Financial Education Practices of AFI Grantees and the AFI Financial
Education Cost Data Form.
The Survey of Financial Education Practices of AFI Grantees will be
a Web-based survey consisting mainly of multiple choice questions. All
current AFI grantees (approximately 300 grantees) will be asked to
complete the survey. The AFI Financial Education Cost Data Form is a
supplement to the grantee practices survey. A smaller sample of
grantees (approximately 35 grantees) representing a variety of
organizational types will be randomly selected to complete this
supplemental survey on the costs of providing financial education. The
Cost Data Form will be sent to grantees to complete and technical
assistance will be provided to grantees to help them complete the form.
Specific areas to be covered in this study include: Topics covered
by financial education; formats used in delivering financial education;
assessment tools that are used to determine participant needs and
effectiveness of training efforts; challenges encountered in providing
financial education; training materials used; costs and sources of
funding for training; strategies for tracking participant progress in
developing financial skills; and participant outcomes related to
financial education.
Respondents: 292 AFI grantee agencies, their partners or sub-
grantees, 72 AFI grantee agencies, their partners or sub-grantees'
financial personnel.
[[Page 9788]]
Annual Burden Estimates
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Number of Average
Instrument Number of responses per burden hours Total burden
respondents respondent per response hours
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AFI Grantee Agencies and Partners............... 292 1 1 292
AFI Grantee Agencies, Partners and Financial 72 1 2 144
Personnel......................................
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Estimated Total Annual Burden Hours: 436.
In compliance with the requirements of Section 3506(c)(2)(A) of the
Paperwork Reduction Act of 1995, the Administration for Children and
Families is soliciting public comment on the specific aspects of the
information collection described above. Copies of the proposed
collection of information can be obtained and comments may be forwarded
by writing to the Administration for Children and Families, Office of
Administration, Office of Information Services, 370 L'Enfant Promenade,
SW., Washington, DC 20447, Attn: ACF Reports Clearance Officer. E-mail
address: [email protected]. All requests should be identified
by the title of the information collection.
The Department specifically requests comments on: (a) Whether the
proposed collection of information is necessary for the proper
performance of the functions of the agency, including whether the
information shall have practical utility; (b) the accuracy of the
agency's estimate of the burden of the proposed collection of
information; (c) the quality, utility, and clarity of the information
to be collected; and (d) ways to minimize the burden of the collection
of information on respondents, including through the use of automated
collection techniques or other forms of information technology.
Consideration will be given to comments and suggestions submitted
within 60 days of this publication.
Robert Sargis,
Reports Clearance Officer.
[FR Doc. 2011-3803 Filed 2-18-11; 8:45 am]
BILLING CODE 4184-01-P