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 116: April 2001

TG's Voluntary Flexible Agreement Signed
Dr. Rod Paige, Secretary of Education, signed TG's Voluntary Flexible Agreement on March 23, 2001.

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

VFA Changes Timeline for Requesting Default Aversion Assistance
Lenders and servicers will have a narrower window for submitting Default Aversion Assistance Requests.

"C" Code Reinstated for Drug Question #35
In the 2000-2001 award year, the Department of Education introduced a new question to the FAFSA, known as the "Drug Question."

The WebShop

New Edit Code Helps Prevent Overawards
To prevent potential overaward situations created by transfer students, TG implemented a new edit that flags the files of student who receive FFELP loans from multiple schools with overlapping loan periods.

Retrieving Exit Counseling Data through MYF
TG is happy to announce that it is now retrieving student exit counseling data from Mapping Your Future's Pathfinder Client.

Integrated LBW and LBP Offer Choices
TG has integrated functions of its Loans By Web™ and Loans By Phone™ processing solutions.

Forbearance Agreement Form
TG has developed a Forbearance Agreement form that lenders and servicers may use when granting discretionary forbearance to borrowers.

Product Support Forum
CommonLine Change Transaction: When to use an @1-11 ( School Refund Detail Record) Transaction

Common Manual Updates
Information on revisions to the Common Manual

SFA4Schools website
The Department of Education's office of Student Financial Assistance (SFA) recently unveiled a "new school portal" entitled SFA4Schools (http://sfa4schools.sfa.ed.gov).

Go Electronic Winner

Bush Nominates Hansen
President Bush has nominated Bill Hansen for the post of Deputy Secretary of Education.

Money Matters

Searching Shoptalk
Now members of the online community can perform quick electronic searches of Shoptalk.

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:
Andrés Cordero
Suzy Epley
Bryan Fritch
Valerie Gonzalez
Darron Grussendorf
Kelly Kaelin
Laura Lavergne
Andrea McCrea
Nancy Miller
Steve Schmidt
Heather Vaughan

Edited and designed by TG Communications.