ED provides clarifications on ability to benefit alternatives

May 29, 2015 · TG Policy and Regulatory Affairs · No Comments

In Dear Colleague Letter (DCL) GEN-15-09 published on May 22, 2015, ED clarifies changes made to the Higher Education Act (HEA) by the Consolidated and Further Continuing Appropriations Act of 2015 (Pub. L. 113-235) to the Title IV eligibility of students who are not high school graduates. The DCL includes detailed information about the reinstatement of ability to benefit (ATB) alternatives for student eligibility, and the statutory definition of an eligible career pathway program required under Pub.L. 113-235 for purposes of Title IV aid eligibility.

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FSA ID — additional information and helpful hints

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

On May 22, 2015, ED published an electronic announcement (E-ANN) which provides additional information and helpful hints for creating an FSA ID. As announced in a May 11, 2015 E-ANN, the FSA ID — which replaced the Federal Student Aid PIN — was successfully implemented on May 10, 2015. Although the majority of users to date have successfully created an FSA ID without issue, ED continues to receive questions from students and parents. This E-ANN is intended to further assist the financial aid community in responding to questions from students, parents, and borrowers.

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Closed school corner, May 2015

May 22, 2015 · TG Policy and Regulatory Affairs · No Comments

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

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Register today for a TG webinar: Are you ready for Gainful Employment?

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

TG Webinars

With the effective date for the Gainful Employment (GE) final rules quickly approaching, it's time to review your implementation "to-do" list to make sure you have all the bases covered! Absent a court decision, the rules take effect on July 1, 2015.

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ED publishes draft cash management rules

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

On May 18, 2015, ED published in a Notice of Proposed Rulemaking (NPRM) the remaining program integrity and improvement issues that were negotiated in early 2014. The NPRM includes proposed rules on cash management issues, repeat coursework, and clock-to-credit hour conversion.

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Smart Steps: MacMurray College tackles competition with HigherEDGE

May 21, 2015 · TG Marketing Communications · No Comments

HigherEDGE® Default Management Solutions

Competition is one of the many pressures facing colleges, especially in an environment where students must have multiple options for pursing a higher education. A school must always ask itself: How do we measure up to our fellow institutions? Why would a student choose our college over another?

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Latest TG report focuses on shortcomings of federal loan entrance counseling module

May 19, 2015 · TG Research and Analytical Services · No Comments

Last month, TG released the third of five reports on the effectiveness of federal student loan counseling. The report — A Time to Every Purpose: Understanding and Improving the Borrower Experience with Online Student Loan Entrance Counseling — focuses on observations pertaining to the online federal entrance counseling module.

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No Question Unanswered: Fort Worth Beauty School capitalizes on guidance from TG's HigherEDGE®

May 18, 2015 · TG Marketing Communications · No Comments

HigherEDGE® Default Management Solutions

When Fort Worth Beauty School decided to work with TG's HigherEDGE® Default Management Solutions, its fiscal year (FY) 2011 official cohort default rate (CDR) was about to jump dramatically to 32.6%. Not wanting this to become a pattern — one that could lead to sanctions* — the school took action.

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2015 Negotiated Rulemaking — a "sneak peek"

May 18, 2015 · TG Policy and Regulatory Affairs · No Comments

Are you keeping up to date with ED's most recent negotiated rulemaking session? We've got you covered. This article provides you with some great resources you can monitor for a "sneak peek" on regulatory changes that may impact your current processes.

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FSA ID successfully implemented

May 11, 2015 · TG Policy and Regulatory Affairs · No Comments

On Sunday, May 10, 2015, ED successfully implemented the Federal Student Aid (FSA) ID. The modernized log-in process for the FSA ID consists of a user-selected username and password, and replaces the FSA PIN as the process by which students, parents, and borrowers authenticate their identity to access their federal student aid information.

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