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Federal Updates
Disaster Forbearances Reminder In Dear Colleague Letter (DCL) GEN-01-11, ED issued guidance pertaining to relief for borrowers affected by the September 11, 2001, terrorist attacks. The forbearances authorized by the letter ended on Jan. 31, 2002, but lenders are encouraged to continue to meet the needs of affected borrowers.
NSLDS Makes Changes to SSCR Process The National Student Loan Data System (NSLDS) has made some changes to the Student Status Confirmation Reporting (SSCR) process.
Calendar Year Variable Interest Rate ED announced the PLUS/SLS variable interest rate for 2002 for loans using the "91-day Treasury Bill" method.
TG Policies
TG Modifies Lender File Requirement for Electronic Signatures In the November 6, 2001, edition of Shoptalk Online (Edition 130), TG explained how TG Loans By Web (LBW) supports the use of electronic signatures. Lenders should take note of a TG modification to the process.
TG Updates
Take a Look at "The Big Picture" Now that it's on your calendar, you'd probably like a bit more detail about the TG 2002 Conference, "The Big Picture: Take a Leading Role." Why not check out the tentative agenda?
Pencil Me In Dates to remember.
Trends and Issues
Distance Ed Conference Is Not So Distant It'll be here before you know it. The "Distance Learning: The Future of Education Conference," co-presented by Higher Education Washington, Inc. (HEWI) and the National Association of Student Financial Aid Administrators (NASFAA), is set for March 11-12, 2002. The conference, sponsored by TG, promises a thorough agenda covering a variety of topics related to distance education, including financial aid, accreditation, intellectual property rights, and more.
Legislative Update
TG’s January 28 Legislative Report includes an update on issues from the second session of the 107th Congress and a report on a recent meeting of the Texas Senate Committee on Business and Commerce. Read the entire report online at www.tgslc.org/lege_report/ 2002/lr_020128.cfm.
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