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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Common Manual updates April 2015

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

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

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Citizenship and immigration status documentation

May 08, 2015 · TG Policy and Regulatory Affairs · No Comments

On May 1, 2015, ED published Dear Colleague Letter (DCL) GEN-15-08 announcing a process through which a school may work to confirm an affected student's citizenship or immigration status when the student is unable to appear in person at the school. This confirmation is required to determine a student's eligibility for Title IV student financial assistance when the established automated processes are not able to confirm the student's status.

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