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 107: July 2000

TG Establishes Grant Program for Texas College Students
TG's Board of Directors approves a resolution authorizing TG to provide $250,000 in student financial aid grants over the next academic school year.

Closed School Corner
The Department of Education reports seven new closures.

Default Aversion Assistance Request Information for Schools
TG offers schools free paper and electronic reports designed to notify schools when a current or former student is the subject of a default aversion request.

Destroy Old Common Stafford Applications
With the passage of the July 1, 2000, MPN implementation deadline, copies of the Common Stafford Application and Promissory Note should be destroyed.

Ombudsman Notification Requirements Effective July 1, 2000
The Department of Education and TG offer ombudsman services to help resolve student loan disputes in various circumstances.

The WebShop
A listing of all the Internet resources referenced in this issue of Shoptalk.

Common Manual Updates
Recent updates to the Common Manual are reported.

2000 Common Manual Mailed
The 2000 Common Manual was mailed to TG customers in late June.

Annual School Loan Certifications
Clarification of issues and questions regarding the transition to the MPN.

HEAL Interest Rate Update
The maximum interest rate for the portion of a Consolidation loan that is attributable to a loan made under the Health Education Assistance Loan (HEAL) program for the period July 1, 2000, through June 30, 2001, is 8.94 percent.

Product Support Forum: TG Schedules Implementation of AdvanTG™ 3.0 and CommonLine 4 Change Transaction Processing
TG announces short-term and long-term scheduling plans for fall release of the latest upgrade to AdvanTG, which includes a switch to CommonLine 4 Change transaction processing to replace DCSR.

Money Matters
Special allowance rates for the quarter ending June 30, 2000.

TG Continues Guarantee Fee Waiver
In June, TG announced that it will continue to waive the guarantee fee for all TG borrowers until further notice.

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:
Michelle Anderson
Gary Burleson
Art Cruz
Renée Gilmer
Darron Grussendorf
Brent Hay
Charles Kracy
Laura Lavergne
Nancy Miller
Kyle Smith
Heather Vaughan

Edited and designed by TG Communications.