Federal Updates

• ED Releases FY 1999 Cohort Default Rates
  The Department of Education (ED) mailed FY 1999 official cohort default rates to schools on September 17, 2001.
• Identifying Borrowers Subject to Reaffirmation
  Recent regulatory changes have modified the total and permanent (T&P) disability discharge process.
• FFELP Technical Corrections
  ED has published two series of technical corrections and changes as Final Rules in the June 29, 2001 and August 21, 2001 Federal Registers.

Trends and Issues

• PLUS-Only Borrowers May Be Required to Complete 2002-2003 FAFSA
  A considerable administrative burden could be lifted from financial aid offices starting next January.
• Relaxing the Drug Provision?
  Many students and financial aid administrators do not find the provision that denies aid to students with drug convictions very relaxing.
• MYF Launches Chat Events for the Coming Year
  Mapping Your Future (MYF) (http://mapping-your-future.org) held the first of its special chat events for this academic year on September 13, 2001.

Texas Legislative Report

• Find the latest issues of TG's Legislative Report online.

Common Manual

• Integrated Common Manual Updated
  The Common Manual Governing Board recently approved policy changes to the Common Manual. The changes, which have been integrated into the Common Manual, along with the Updates, are available on TG Online under “For Schools” or “For Lenders.”

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