Federal Updates

Forms and Disbursement Provisions Expire
Several common forms and two key exemptions to disbursement rules expired on September 30, 2002.

ED Announces Electronic Cohort Default Rates
We all know how the student financial aid industry is evolving—everything provided on paper is being converted to electronic form. And it looks like the next thing to go electronic will be cohort default rates.

TG Updates

TG Hits Quarter-Million Dollar Mark in Teacher Loan Forgiveness
The Teacher Loan Forgiveness Program (TLFP) continues to grow and grow! TG Customer Assistance has been processing applications for this federal program since it began in July 2001. As of September 2002, TG has approved applications for 55 borrowers, forgiven 90 loans, and issued a cumulative forgiveness amount of over $257,000.

TG, Council Publish White Paper on Dialogue with Student Loan Servicing Community
TG and the Council for the Management of Educational Finance have published a white paper entitled An Industry Dialogue with Loan Servicers. The paper provides an overview of current policies and practices related to default prevention strategies, including the use of deferment and forbearance in curing delinquency loan consolidations, and the future of loan servicing.

TG Recognizes Outgoing LSA Members
TG recognized the commitment, continuous input, and support of twelve outgoing members of the Lender and School Advisory (LSA) Committees during a recent meeting at TG.

Trends and Issues

Series Part II: Making the Most of Your Conference Attendance
The fall conference season is close at hand. Many state and regional associations are gearing up for their annual meetings, including the 2002 Texas Association of Student Financial Aid Administrators (TASFAA) Conference, October 15-18, in Galveston. Many of you are looking forward to spending time with colleagues and brushing up on the latest industry trends and developments.

Legislative Update

The September 25 issue of the Legislative Report offers articles on a hearing of the Texas Senate Committee on Education and a status report on Congress's progress in addressing legislative issues as the session nears conclusion. Read the details at http://www.tgslc.org/lege_report/index.cfm.

Quick Links

• White Paper—An Industry Dialogue with Student Loan Servicers and the Council for the Management of Educational Finance

This, That, and the Other...

The National Council of Higher Education Loan Programs (NCHELP) has recently renovated the e-Library section of its website. This newly redesigned section has everything from Federal Registers and Dear Partner Letters (back to 1979) to presentations from past NCHELP events and Training Modules.

The e-Library is grouped into the following fourteen categories:

1. Laws
2. Regulations
3. Federal Registers
4. Dear Partner Letters
5. Common Manual
6. Forms
7. Manuals/Guides/
   CommonLine Info
8. Legal Proceedings
9. Training Modules
10. Job Aid Reference Materials
11. Reports/Testimonies (still "under construction")
12. Presentations
13. Higher Education Research
14. Morning Briefing (NCHELP Members only - password protected)

The NCHELP website is located at www.nchelp.org. To access the e-Library, click on the link located in the red area at the top of the page.

Take a look at Adventures In Education, TG's Public Awareness website.