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Federal Updates
ED Updates Disability Discharge Form
ED recently published Dear Partner Letter GEN-02-12, approving an updated Loan Discharge Application: Total and Permanent Disability. A borrower must submit this form when requesting a total and permanent disability (TPD) loan discharge.
Special Allowance Rates: Quarter Ending December 31
The FFELP special allowance rates for the quarter ending December 31, 2002, are now available.
TG Updates
A Day in the Life...The Series Continues
Shoptalk Online's Day in the Life series has examined the different stages of the loan and the role TG's internal teams play during each stage of the loan. This month, the series takes a look at how TG's Office of the Ombudsman provides the borrower with an advocate to research his or her student loan problem and determine if the borrower has been treated fairly.
Trends and Issues
JobGusher Rings in New Year with Online Job Fair
The New Year is here and it's time for new beginnings! JobGusher™ is hosting an "Online New Year, New Career Job Fair" from January 13-26, 2003. The "Online New Year, New Career Job Fair" gives job seekers the opportunity to view jobs across the nation.
MYF Chat to Assist FAAs with Default Management Efforts
Not sure what financial literacy tools are available for students? Want more information about intervention techniques for borrowers who are in their grace period or are already delinquent on their student loans? Financial aid administrators (FAAs) now have an opportunity to ask guarantors, lenders, and secondary markets about default prevention and debt management techniques during an online chat offered by Mapping Your Future (MYF) (http://mapping-your-future.org).
Legislative Update
The December 20, 2002, issue of the Legislative Report provides updates on significant student financial assistance issues facing the 108th Congress, including HEA Reauthorization and Consolidation loan interest rates. Read the details at www.tgslc.org/lege_report/index.cfm.
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