Shoptalk Online 176

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TG Updates

TG Offers Meteor Access to Schools
Schools seeking the most current, accurate account information available should look to Meteor, now available from TG.

Federal Updates

End of the Road for CLASS ACT?
With the November elections rapidly approaching and with budget and national security issues looming large, time is running out for passage of Rep. Lindsey Graham's (R-SC) H.R. 5091, also known as the CLASS ACT (Canceling Loans to Allow School Systems to Attract Classroom Teachers) Act.

Special Allowance Rates: Quarter Ending September 30
The FFELP special allowance rates for the most recent quarter are available at http://www.tgslc.org/pdf/SA100702.pdf.

Closed School Corner
The Department of Education announces two new closures.

Trends and Issues

Mapping Your Future Now Addresses Options for Defaulted Borrowers
The Mapping Your Future (MYF) website now includes information about options for borrowers who have defaulted on their federal student loans.

Quick Links


This, That, and the Other...

This afternoon, Mapping Your Future (MYF) will hold a live chat event on personal finance and default prevention. Financial aid and career experts from all over the country will answer questions during the chat event, which is scheduled from 2 to 3 p.m. (Central).

Topics to be covered include:

  • Managing credit card and student loan debt.
  • Warning signs that finances are out of control.
  • Solutions to personal finance problems.
  • Consequences of default and bankruptcy.

Anyone with Internet access can join in the chat event by visiting the MYF website at http://mapping-your-future.org and selecting the Chat session. Simple instructions will guide users through the quick process to join the chat.


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

Adventures In Education











TG
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(512) 219-4560 speech and hearing impaired.

Shoptalk Online is published by TG. Unless specifically noted, the policies and procedures outlined in Shoptalk Online apply only to loans made under TG's guarantee and not to loans underwritten by other guarantors.

To ask questions about the articles in Shoptalk Online, please contact Communications at (800) 252-9743, ext. 4732 or communications@tgslc.org.

Contributors to this edition: Kelly Kaelin, Sandy Keller, Charles Kracy, Art Martinez, Steve Schmidt. Edited by TG Communications and Policy and Regulatory Affairs. Designed by TG Communications.

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