Federal Updates

New Stafford Loan MPN Released
On October 1, 2002, ED published Dear Partner Letter (DPL) GEN-02-07 announcing the availability of the revised Federal Stafford Loan Master Promissory Note (Stafford Loan MPN). This form replaces the previous version of the Stafford Loan MPN.

TG Updates

New National School Advisory Committee Kicks Off
A new dialogue has begun between TG and its growing number of school customers across the nation. TG recently convened a new National School Advisory Committee to better meet its school customers' needs, listen to their views, and respond to their suggestions and ideas.

Trends and Issues

MYF Chat to Discuss Personal Finance and Default Prevention
Every year, many students pursue their postsecondary education with mounting debt and a lack of adequate knowledge about personal finance. These students need guidance, and Mapping Your Future (MYF) is here to help.

Series Part III: Share Knowledge Gained from Conference Events
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.

Common Manual

Common Manual Updates
Information on recent updates to the Common Manual.

Quick Links

• Edufacts™ - September 2002

This, That, and the Other...

A new report on the net price of college attendance concludes that low-income students did not pay more on average to attend college in 1999-2000 than they did in 1992-1993. However, middle- and high-income students were found to be paying more on average to attend in 1999-2000 than in 1992-1993.

The net prices tracked in the report factored in all grant aid (including federal, state and institutional aid). Grant aid was subtracted from the total price of attendance, including tuition, living expenses, and other nontuition costs.

These findings are published in a new report from ED's National Center for Education Statistics (NCES) entitled What Students Pay for College: Changes in Net Price of College Attendance Between 1992-93 and 1999-2000. The report analyzes changes in various measures of net price of college attendance.

For the full report, visit the NCES website at http://nces.ed.gov/pubsearch/
pubsinfo.asp?pubid=2002174.

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