Shoptalk is published by Texas Guaranteed Student Loan Corporation (TG). Unless specifically noted, the policies and procedures outlined in Shoptalk apply only to loans made under TG's guarantee and not to loans underwritten by other guarantors.

Shoptalk 100, December 1999

FY 2000 Education and Student Financial Aid Bill Signed
The 106th Congress has approved and President Clinton has signed the FY 2000 omnibus appropriations bill (HR 3194). The bill includes appropriations for the Interior Department, the Labor-HHS-Education Departments, Foreign Operations, and the Commerce-Justice-State Departments. It includes generous provisions for the Education Department and increases for student financial aid.

Closed School Corner
The Department of Education (ED) reports school closures.

Shoptalk Hits the Century Mark
As the world waits for a new millennium, TG is excited to recognize the 100th issue of Shoptalk. The August 1990 inaugural edition, and every edition since, helped to meet the information needs of the higher education and lending institutions that work together to make the Texas Federal Family Education Loan Program (FFELP) such a success.

Correction to Ombudsman Article

Taking Advantage of TG's Default Prevention Support
Texas Guaranteed Student Loan Corporation (TG) is committed to helping schools, lenders, and servicers in the financial aid industry support borrowers in averting default. By providing exceptional service and counseling, TG Default Prevention (DPRV) helps borrowers recover from loan delinquency and manage their Federal Family Education Loan Program (FFELP) debts.

Common Manual Updates

Product Support Forum

Common Manual Pagination Correction

Elimination of Paper BCR Delayed Until March 2000
Texas Guaranteed Student Loan Corporation (TG) is delaying the elimination of the paper Borrower Change Report (BCR) until March 6, 2000.

Calendar Year Variable Interest Rate
The Department of Education (ED) has issued a memo regarding the PLUS/SLS variable interest rate - "91-day Treasury Bill" method.

TG Requests Community Assistance with Teleconference
Texas Guaranteed Student Loan Corporation (TG) is sending out a community call to action to businesses, civic groups, schools, and any other organizations with satellite downlink capabilities. TG is asking for volunteers to serve as host sites for the 5th Annual Statewide Free Application for Federal Student Aid (FAFSA) Teleconference.

Questions about the articles in Shoptalk should be addressed to:
Customer Services
Texas Guaranteed Student Loan Corporation
P.O. Box 83100, Round Rock, TX 78683-3100
(800) 252-9743
(512) 219-5700
(512) 219-4560 speech and hearing impaired

Contributors to this month's edition:
Art Cruz
Shelia Dunlap
Suzy Epley
Bryan Fritch
Victoria Gonzalez
Darron Grussendorf
Brent Hay
Laura Kowalski
Laura Lavergne
Trina Manor
Andrea McCrea
Kay Morgan
Alicia Terry
George Torres

Edited and designed by TG Communications.