Poverty Guidelines Update

The Department of Health and Human Services recently updated the United States federal poverty guidelines to account for last year's increase in prices as measured by the Consumer Price Index. The 2000 poverty guideline figure for a family of two is $11,250 for the 48 contiguous states and the District of Columbia. In Alaska, the figure is $14,060, and in Hawaii, the figure is $12,930.

The poverty guideline is one qualifier that may be used in determining a borrower's eligibility for an Economic Hardship Deferment (HRD). The HRD form has been revised to reflect the 2000 figures. Schools and lenders should immediately discard all previous versions of the HRD form and disseminate only the updated version. However, if a lender receives an old HRD, the form can still be processed.

The HRD form is available by calling Texas Guaranteed Student Loan Corporation's (TG) Customer Support Forms Coordinator at (800) 252-9743, ext. 4546. It is also available on TG Online at http://www.tgslc.org/forms/frms_def.cfm.

Questions
For questions about the poverty guidelines or HRD, contact TG Customer Support at (800) 252-9743, ext. 4444, or send an message to customer.services@tgslc.org.

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