Negotiated Rulemaking Continues
The latest round of negotiated rulemaking began on January 18 in Washington, DC, where interested parties met to discuss procedures for the upcoming spring 2000 sessions. As with the negotiated rulemaking that took place in spring 1999, the goal of the spring 2000 Negotiated Rulemaking is to reach a consensus on proposed regulations through discussion and negotiation.
Closed School Corner
The Department of Education (ED) reports school closures.
Integrated Regulations and Side-by-Sides of Final Rules Available on TG Online
The Higher Education Act (HEA) was amended in October 1998. The first rounds of negotiated rulemaking ended almost a year later. The Department of Education released the Final Rules shortly afterward. The financial aid community must now implement the new regulations.
TG Announces Integrated Electronic Common Manual
Texas Guaranteed Student Loan Corporation (TG) has developed two new tools to enhance research capabilities and provide the most current information for its business partners and other participating Common Manual guarantors - an online, integrated version of the Common Manual and online Common Manual Bulletin Language.
Innovate. Educate. Celebrate!
The TG 2000 Annual Conference is just around the corner. On April
10-12 at the Austin Marriott at the Capitol, the FFELP community will come together for "Innovate. Educate. Celebrate!"
Enhanced RRD Software Now Available
Texas Guaranteed Student Loan Corporation (TG) announces an enhanced version of its Report Request/Distribution (RRD) System.
Reminder: Disbursement Reporting Guidance
Lenders are reminded that they must continue to report all disbursements to
Texas Guaranteed Student Loan Corporation (TG) using either the paper invoicing/reporting process or the electronic invoicing/reporting process they currently use through tape or Connect Mailbox.
MYF Announces Enhancements to Online Student Loan Counseling
Mapping Your Future (MYF) will go live on Feb. 1 with Version 2.0 of Online Student Loan Counseling. The new version includes changes that enhance the security of online counseling and increase the ease of use for both the student and the financial aid professional.
Financial Aid Awareness Week Activities
For several years, the Texas Association of Student Financial Aid Administrators (TASFAA) Public Relations Committee has successfully secured a proclamation from the Texas Governor for "Financial Aid Awareness Week."
Online Lending Conference
Online Lending 2000: Building, Marketing and Managing Consumer Loans on the Internet is a learning-intensive, two-day conference, which will take place in Las Vegas, Nevada, in late February.
Common Manual Update Index
Product Support Group Forum: Process Log
Texas Guaranteed Student Loan Corporation's (TG) AdvanTG software includes a component that allows users to determine if transmissions are successful. When a Send/Receive action is performed, the AdvanTG process log is automatically generated for this purpose.
Answering the "Drug Question"
The financial aid community has expressed concerns about the difficulty involved in answering question 28 (q28), the question concerning drug convictions, on the 2000-2001 Free Application for Federal Student Aid (FAFSA).
Special Allowance Code Additions
A recent amendment to the Higher Education Act of 1965 changed the method of calculating special allowance to the three-month commercial paper rate for loans first disbursed on or after January 1, 2000.
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