Texas Institutions First to Use AdvanTG™ Web
Through the fall of 2001, TG is introducing the web application to a select group of schools and lending institutions.

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

Child Care Provider Loan Forgiveness Program
The goal of the program is to attract more highly trained individuals into the early child care profession and to retain the services of those providers for longer periods of time.

Deputy Secretary of ED William Hansen
On May 24, 2001, William Hansen was sworn in as deputy secretary of the Department of Education (ED)

Revised Interest Rates Effective July 1, 2001
On July 1, 2001, interest rates on new and existing Federal Stafford, SLS, and PLUS loans that are subject to the variable rate provision will change.

The WebShop

New NSLDS Loan Status Codes
In an effort to improve the quality of information provided by NSLDS, ED introduced a series of new Loan Status Codes.

Event to Offer Unique Look at Default Aversion for Private Career Schools
Private career colleges looking for a way to triumph over default should plan now to attend a July seminar that will focus on default aversion in the proprietary environment.

Tax Cut Bill Signed
President Bush signed a 10-year, $1.35 trillion tax cut on June 7, 2001.

Monitoring Process for Transfer Students
Many new federal regulations become effective July 1, 2001—one of which is the elimination of the paper financial aid transcript (FAT) and the requirement to use the National Student Loan Data System (NSLDS) to access financial aid histories for all students, including current-year (a.k.a. mid-year) transfer students.

Go Electronic Campaign Benefits Students
TG is pleased to announce that savings from the first phase of the Go Electronic Campaign conducted earlier this year will result in a contribution of $5,538 to the TG Grant program.

2001 Common Manual
The 2001 edition of the Common Manual will soon be available to customers in a variety of formats.

ICM Summary of Changes Chart
Effective this month, TG is directing customers to the online Integrated Common Manual (ICM) where they can access a tool that replaces the Updates Index™the Common Manual Summary of Changes chart.

Common Manual Updates Correction
TG wishes to point out a correction to the Common Manual Updates printed in Shoptalk Edition 117 (May 2001).

Revised Common Deferment and Discharge Forms
The Department of Education (ED) recently published Dear Guaranty Agency Director Letter (DCL) GEN-01-07 announcing changes to the common deferment forms and two common discharge forms.

Navigating Through Adventures In Education
Here's one easy-to-navigate website with targeted information for your families and students — Adventures In Education (AIE)

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