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 111: November 2000

TG's Student Loan Default Rate Continues to Decline
According to the most recent report issued by the Department of Education for fiscal year (FY) 1998, the student loan default rate for Texas Guaranteed Student Loan Corporation (TG) is 9.4 percent.

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

New CAM-CCI Preclaim Implementation Reminder
As Texas Guaranteed (TG) begins its new fiscal year and prepares for 2001, TG is reminding all lenders and servicers that by January 5, 2001, all Default Aversion Assistance (DAA) requests submitted to TG must be in the Common Account Maintenance-Common Claim Initiative (CAM-CCI) format and must comply with CCI preclaim policies.

Cohort Default Rate Database website
The Department of Education (ED) recently released the fiscal year (FY) 1998 cohort default rates and announced the availability of the Cohort Default Rate Database website.

TG Team Members Serve on Common Manual Committees
Three Texas Guaranteed (TG) team members are representing TG this year on Common Manual committees.

The WebShop

Common Manual Updates

Selective Service Offers Options for Registration
In the October 10, 2000 Federal Register, the Selective Service System announced a list of the methods for registration with the Selective Service.

ED Issues Final Rules
In the November 1, 2000, Federal Register, the Department of Education (ED) issued the Final Rules that resulted from the spring 2000 Negotiated Rulemaking sessions.

Common Manual Final Rule Project
The Common Manual Policy Committee (PC) has begun working on the Final Rule 2000 Project.

Second RT4 Teleconference a Success
Due to the challenges experienced by many schools in implementing the Return of Title IV Funds (RT4) policy, Texas Guaranteed (TG) hosted its second RT4 Teleconference on Tuesday, October 31, 2000.

Campaign Seeks to Increase Electronic CM Users
Go Electronic: Make It One Of Your New Year's Resolutions is Texas Guaranteed Student Loan Corporation's (TG's) latest campaign.

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:
Bryan Fritch
Valerie Gonzalez
Darron Grussendorf
Kelly Kaelin
Charles Kracy
Laura Lavergne
Alicia Terry
Heather Vaughan

Edited and designed by TG Communications.