New NSLDS gainful employment program tracking functionality

August 24, 2015 · TG Policy and Regulatory Affairs · No Comments

In Gainful Employment (GE)Electronic Announcement #59, ED announces enhanced functionality to assist schools with managing the requirements for GE reporting to the National Student Loan Data System (NSLDS).

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ED begins negotiated rulemaking process to help defrauded student borrowers seeking debt relief

August 21, 2015 · TG Policy and Regulatory Affairs · No Comments

On August 20, ED published a Federal Register notice announcing its intention to establish a negotiated rulemaking committee to develop proposed regulations to clarify and streamline the loan forgiveness process for student borrowers who file "defense to repayment" claims on their Direct Loans. ED also intends to strengthen provisions to hold colleges accountable for wrongdoing that results in such loan forgiveness.

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Closed school corner, August 2015

August 19, 2015 · TG Policy and Regulatory Affairs · No Comments

Review the list of newly reported school closures and corrections from the August 2015 Closed School Monthly Report supplied by ED.

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Comment request: draft 2016-2017 FAFSA

August 17, 2015 · TG Policy and Regulatory Affairs · No Comments

ED recently published a Federal Register proposing changes for the 2016-2017 Free Application for Federal Student Aid (FAFSA) application. Interested parties are invited to submit comments on the draft 2016-2017 FAFSA, Student Aid Report (SAR) or on any of the other documents related to the comment request on or before October 13, 2015.

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NSLDS reporting for discontinued GE programs

August 12, 2015 · TG Policy and Regulatory Affairs · No Comments

Under the gainful employment (GE) rules, schools are required to report certain information regarding each of their GE programs. ED has received questions from schools asking whether data must be reported for GE programs that were discontinued prior to the July 1, 2015, effective date of the GE rules. ED posted an electronic announcement on August 10, 2015, in response to these questions.

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Common Manual updates, July 2015

August 04, 2015 · TG Policy and Regulatory Affairs · No Comments

Guarantor representatives who serve on the Common Manual Governing Board have approved changes to the Common Manual. Details on these changes have been added as a PDF available on TG Online.

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Reminder: Register for Preventing Unplanned Pregnancy and Completing College

July 28, 2015 · TG Student and Institutional Success · No Comments

There are many roadblocks that can keep a college student from crossing the graduation finish line — one such barrier is an unplanned pregnancy. A national nonprofit, nonpartisan organization has developed a program that schools can use to educate students on its effect. Attend an upcoming TG webinar to experience a demonstration of the program, entitled "Preventing Unplanned Pregnancy and Completing College."

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TG promotes college enrollment and FAFSA completion with FAFSA 500 campaign

July 28, 2015 · TG Student and Institutional Success · No Comments

FAFSA 500

Raising college enrollment rates has been a long-time TG goal. This year, TG launched a special promotional campaign to get more students on the way to a degree or certificate.

Working with Amarillo College, Austin Community College, and the Austin Chamber of Commerce (through its Summer Melt Program), TG crafted a multi-pronged communication effort that reminds students that college this fall is still possible and help is available. Getting more students to complete the Free Application for Federal Student Aid, or FAFSA, is one of the campaign's major objectives. (The FAFSA is essential to receiving federal aid, without which many students could not attend college.)

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ED implements functionality in NSLDS for 150% limit

July 27, 2015 · TG Policy and Regulatory Affairs · No Comments

Under the 150% Direct subsidized loan limit requirements, a borrower who has no eligibility for additional Direct subsidized loans may lose interest subsidy on existing Direct subsidized loans if the borrower continues enrollment in an undergraduate program. The loss of interest subsidy on existing loans is triggered by the borrower's enrollment; therefore, information reported by schools to the National Student Loan Data System (NSLDS) is used to determine whether the borrower is subject to a loss of interest subsidy. Schools have been reporting program-level enrollment information to NSLDS since October 1, 2014, as required under the 150% limit rules. However, the functionality in NSLDS was not available to identify borrowers who have lost eligibility for the interest subsidy on their existing Direct subsidized loans. On July 20, 2015, ED published an electronic announcement regarding the implementation of this functionality in NSLDS.

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FSA ID important reminders

July 20, 2015 · TG Policy and Regulatory Affairs · No Comments

On July 17, 2015, ED published an electronic announcement (E-ANN) about the office of Federal Student Aid's (FSA) replacement of the Federal Student Aid PIN with the FSA ID on May 10, 2015.

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