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Federal Updates
FSA Announces Videoconference for Guidance Counselors
Guidance counselors looking for the latest information on helping students secure federal aid are invited to register now for a special satellite videoconference, Applying for 2003-04 Federal Student Aid: Easy as 1, 2, 3.
ED Updates Campus Crime Reporting Rules
On October 31, 2002, ED issued final rules to reflect changes made to the Higher Education Act (HEA) by the Campus Sex Crimes Prevention Act (section 1601 of Public Law 106-386).
TG Updates
TG Presents PLUS MPN Teleconference This Week
TG is holding a teleconference to provide information to financial aid professionals on the PLUS Master Promissory Note (MPN). The one-hour session is scheduled for 2 p.m. CST on Thursday, December 5, 2002.
A Day in the Life...The Series Continues
Shoptalk Online's A Day in the Life series has examined TG's internal teams and their interaction with TG's customers, partners, and borrowers. Previous articles in the series have appeared in a sequence that mirrored the life of the loan from awareness and origination to repayment and—when default occurs—recovery operations. The series now takes a look at other TG teams and how their roles impact the various stages in the life of the loan.
Trends and Issues
Edufacts™—November 2002
The College Board reports that student aid reached more than $90 billion in 2001-2002, an increase of 11.5% over the preceding year (or 10% after adjusting for inflation). Over the past decade, total aid has increased by 117% in constant dollars. On average, loans currently make up 55% of the total student aid awarded, while grants, scholarships and work study make up 45%.
MYF Chat to Answer Questions about Loan Forgiveness
Under certain circumstances, a student loan can be forgiven or discharged. Students and their families now have an opportunity to ask counselors about loan forgiveness during an online chat offered by Mapping Your Future (http://mapping-your-future.org).
JobGusher Hosts Online State and Municipal Job Fair
While some people are shopping for holiday gifts, JobGusher wants to make shopping for a job or internship a bit easier. JobGusher™ is hosting an Online State and Municipal Job Fair, December 2-15, 2002. The Online State and Municipal Job Fair gives job seekers the opportunity to view internships and full-time and part-time jobs across the nation.
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