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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 112: December 2000
 

ED and TG Announce Tentative Agreement to Implement VFA
On December 5, 2000, the U.S. Department of Education (ED) announced a tentative agreement to implement Texas Guaranteed's (TG's) Voluntary Flexible Agreement (VFA).

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

Mapping Your Future 2000-2001 Chat Nights
Following the success of its October and December Chat Nights, Mapping Your Future (MYF) is looking forward to three additional chat events during the 2000-2001 academic year.

Sixth Annual Teleconference Needs Community Assistance
On Thursday, February 8, 2001, Texas Guaranteed (TG) will sponsor its 6th Annual Free Application for Federal Student Aid (FAFSA) Teleconference, "Applying for Financial Aid: The FAFSA Process."

TG Participation on NCHELP Committees
Numerous Texas Guaranteed (TG) team members are participating on the 2000-2001 National Council of Higher Education Loan Programs (NCHELP) to promote industry relations and provide representation for TG's customers in the national arena.

The WebShop

It's a Whole New Adventure
Texas Guaranteed (TG) has give Adventures In Education (AIE) a new look, great features, and completely updated and expanded information about educational planning and financial aid.

No Common Manual Updates to Report

Go Electronic: Make It One Of Your New Year's Resolutions
Are you ready to join the technology revolution and in the process increase efficiency, reduce paper use, and help students all at the same time? If so, Texas Guaranteed (TG) can help.

College Information Hotline Scheduled for January
The Texas Association of Student Financial Aid Administrators (TASFAA) and the Texas Association for College Admission Counseling (TACAC) will conduct a College Information Hotline in January 2001.

CommonLine Change Transactions and Lender Approvals
With the advent of CommonLine (CL) change transactions in AdvanTG™ 3.0, lenders retain the ability to approve cancellations before TG processes the request(s).

New MPN Tracking Report
Schools, lenders, holders, and servicers may now request lender-reported Master Promissory Note (MPN) tracking information from Texas Guaranteed (TG) to identify which lenders currently hold valid notes for their borrowers.

School Resolution of Defaults and Overpayments
In November 2000, the Department of Education (ED) published Dear Colleague Letter (DCL) GEN-00-18, which describes the steps a school must take when it learns that a student may be in default on a Title IV loan or owe an overpayment of Title IV program funds.

NSLDS Access for Lenders and Servicers
TG lenders and servicers have been asking for access to National Student Loan Data System (NSLDS) data for a long time in order to streamline their processing.

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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:
Valerie Gonzalez
Darron Grussendorf
Kelly Kaelin
Laura Lavergne
Paul Lewis
Andrea McCrea
Nancy Miller
Cathy Mueller
Richard Sapp
Kyle Smith
Mashay Taylor
Alicia Terry
Heather Vaughan

Edited and designed by TG Communications.


© 2009 Texas Guaranteed Student Loan Corporation