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Federal Updates
LaRS Deadline Pushed Up—LAP Now Due September 6
In Edition 169, Shoptalk Online reported that the deadline for lenders to submit their documentation to participate in the new Lender Reporting System (LaRS) is fast approaching—and for one of the documents, the deadline is actually even closer than before. ED has pushed up the date by which lenders must submit their Lender Application Process (LAP) forms from September 13 to September 6 (this Friday).
TG Updates
Click Me In
September brings more than the hustle and bustle of students on campus—it also brings several important events. Here are a couple to jot down into your daily planner.
Trends and Issues
MYF Chat to Discuss Deferments, Forbearances, Default Prevention
In today's tougher economic times, it is increasingly important that borrowers know their options if they get into a pinch and have difficulty making their student loan payment. These options may include deferments, forbearances, consolidation, or other tools geared toward preventing borrowers from going into default.
TG Solutions and Tools
TG Offers Money Management Workshop to Students
With the fall session now underway, many first-time freshmen are facing new challenges in managing their personal finances. To enhance students' knowledge of money management and provide them with the tools necessary to build a solid financial future, the TG Speakers Bureau has developed a new training session, Money Management 101.
Common Manual
Common Manual Updates
Information on recent updates to the Common Manual.
Legislative Update
The August 28 Legislative Report shares information about the Congressional Budget Office's (CBO's) triple-digit deficit forecasts, a larger than expected Texas state budget deficit projection for 2004-05, and a summary of a meeting by the Texas Economic Development Committee. Read the details at http://www.tgslc.org/publications/
lege_report/2002/lr_020828.cfm.
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