Personal Touch: Brazosport College entrusts TG's HigherEDGE® to deliver specialized services to its student borrowers

October 31, 2014 · TG Marketing Communications · No Comments

HigherEDGE® Default Aversion Solutions

It's a common dilemma among higher education institutions: colleges want to provide default aversion services to their borrowers, but if they did, it would be at the expense of current students. There just aren't enough hours in the day to fulfill the needs of those enrolled today, as well as those who exited yesterday.

For Brazosport College, a thriving 2- and 4-year degree institution in Lake Jackson, Texas, the situation is no different. Jessica Tomlinson, the school's loan coordinator, says that her school came to the realization that it didn't have enough internal resources to provide the level of support the school wanted its borrowers to receive. For that reason, and to keep its cohort default rate (CDR) down, Brazosport enlisted TG's HigherEDGE®.

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TG debuts extended library of training tools through the Student Financial Education Program

October 29, 2014 · TG Student and Institutional Succes · No Comments

To support the needs of students who would benefit from financial guidance at every step along the path of higher education, TG has debuted the TG Student Financial Education Program. This series of interactive, "ready-to-roll" training materials covers a wide range of topics, with modules in English and Spanish, offering eligible college access and success professionals a high-quality financial education training event with minimal effort.

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No CommentsTags: Default Prevention · Financial Aid · Financial Literacy · Student Success · Training and Events



Common Manual updates October 2014

October 28, 2014 · TG Policy and Regulatory Affairs · No Comments

Guarantor representatives who serve on the Common Manual Governing Board have approved several changes to the Common Manual.

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ED publishes Direct PLUS loan adverse credit history final rule

October 27, 2014 · TG Policy and Regulatory Affairs · No Comments

In the Federal Register dated October 23, 2014, ED published the final rules that update the standard for determining if a potential parent or student borrower has an adverse credit history for purposes of eligibility for a Direct PLUS Loan (PLUS loan).

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No CommentsTags: Financial Aid



TG announces training opportunities for 2015

October 24, 2014 · TG Customer Training and Event Management · No Comments

TG looks forward to continuing to provide customers with quality, cost-conscious training opportunities to address schools' training needs and industry changes.

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Providing a wider view: TG debuts National Fact Sheets

October 21, 2014 · TG Marketing Communications · No Comments

At this time of increased accountability and longer monitoring periods with regard to cohort default rates (CDRs), schools need a more complete picture of the factors that may be contributing to federal student loan default. TG has created an at-a-glance web resource that schools from across the country can use to take a wider view of critical institutional statistics.

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No CommentsTags: Default Prevention · Financial Aid



ED publishes Violence Against Women Act final rules

October 20, 2014 · TG Policy and Regulatory Affairs · No Comments

In the Federal Register dated October 20, 2014, ED published final rules implementing the Violence Against Women Act. ED developed these final rules after reviewing public comments received on the proposed rules that ED issued on June 20, 2014. Approximately 2,200 parties submitted comments on the proposed regulations. In addition, approximately 3,600 individuals submitted a petition expressing their support for comments submitted by the American Association of University Women.

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Verification-acceptable documentation update

October 20, 2014 · TG Policy and Regulatory Affairs · No Comments

In an electronic announcement (E-ANN) dated October 17, 2014, ED informs schools that for the remainder of the 2014-2015 award year verification, a signed paper copy of a 2013 IRS tax return may be accepted as alternative documentation to meet the "acceptable documentation" standard for income and other tax related verification information. This alternative documentation can only be used when the tax filer had recently requested an IRS Tax Return Transcript but was unsuccessful in obtaining the transcript.

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Closed school corner, October 2014

October 15, 2014 · TG Policy and Regulatory Affairs · No Comments

Review the list of newly reported school closures and corrections from the October 2014 Closed School Monthly Report supplied by ED.

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Building Bridges for Its Borrowers: Black Hawk College uses research and outreach to improve outcomes

October 14, 2014 · TG Marketing Communications · No Comments

HigherEDGE® Default Aversion Solutions

Black Hawk College has a lot to be pleased about concerning its cohort default rate (CDR). Its official fiscal year (FY) 2011 rate is down nine percentage points from its FY 2010 rate. One tactic that Black Hawk uses that has contributed to this CDR reduction is borrower research and outreach.

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