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CommonLine Change Transactions Quick Reference Guide ![]()
CommonLine List of Change Transactions Types and Functions ![]()
For technical support, contact:
TG Product Support
(800) 332-1455
product.support@tgslc.org
AdvanTG Web™ is the open, comprehensive loan management system that simplifies loan management with intuitive, flexible services that give you control over your loan portfolio.
Existing FFELP portfolio support
TG will continue to provide life-of-the-loan support for FFELP originations guaranteed by TG if a federal student loan's first disbursement occurs before July 1, 2010. TG will support AdvanTG Web™ for FFELP second and subsequent disbursements, and change requests through June 30, 2011.
AdvanTG Web™ for Lenders
To assist lenders in managing the funding of second and subsequent loan disbursements and reissues,, TG will utilize a new edit within the Roster process. Before allowing EFT transactions to be approved, the edit process will query TG's system to determine if at least one of the loan's disbursements is currently in a PAID status with an Actual Disbursement Date before July 1, 2010. If no such disbursements are confirmed on TG's system, the Roster transaction will be rejected with CommonLine error code 094 (the processor or service provider will contact the school or file recipient).
As a reminder, the funding cycle (3-day or next-day) will also be considered for scheduled disbursement dates that fall at the end of June 2010. GSR will proactively monitor Roster rejects and assist customers with quick resolution.
Private loan processing
TG's AdvanTG Web will be available to process private loan applications, change transactions, and disbursement rosters through June 30, 2011. Private loans via its EFT service will be available for the same time period. TG will continue to evaluate the feasibility of continuing this service beyond this time period, and will notify schools and lenders of its decision in ample time to plan for the following academic year.
Helpful reports and more information
Please remember that AdvanTG Web has a number of reports that can assist schools and lenders planning for the transition to FDLP. These reports include application status, change transaction, and loan status reports.
If you need assistance in your efforts to convert to the FDLP, contact your TG account executive at (800) 252-9743. If you need additional information on how TG products will handle the conversion to FDLP, send a request to product.support@tgslc.org. For additional resources for switching federal student loan programs, visit Resources pertaining to conclusion of FFELP originations.