TG Policies

TG implements recent foreign schools DCL
For years, TG has played an active role in confirming the eligibility of borrowers applying for FFELP loans to attend foreign schools. TG continues this commitment with the implementation of minor “behind the scenes” changes to foreign school loan processing initiated in response to the recent DCL G-03-348.

TG Updates

TG prepares for move to new offices
TG is making final preparations to relocate its corporate headquarters in October. The move will occur over the weekend of October 10-13.

With EFT, timing is everything
For more than 10 years now, TG's Electronic Funds Transfer (EFT) tool has made the student loan disbursement process more efficient. As we solicit feedback about the EFT process, customers often ask about two situations involving the timing of disbursements. To help schools and their lender and servicer partners get the most out of TG's EFT, we would like to offer some practical information about these two EFT timing issues.

TG doubles support for grant program, awards $1 million to benefit students
More than 100 Texas colleges and universities have qualified to receive Charley Wootan Grant funds from TG, the state's designated student loan guarantor. TG allocated $1 million for awards during the 2003-2004 academic year, doubling the amount it awarded to schools last year.

Trends and Issues

Your input wanted for upcoming teleconference on FTC rules
Recently, TG inquired about interest in a teleconference on the Gramm-Leach-Bliley (GLB) Safeguard rules. Based on the community's response to this inquiry, the Federal Trade Commission (FTC) has agreed to participate in a teleconference with interested participants to discuss the Safeguard rules.

Online chat to answer questions on college admission and financial aid
For students thinking about college next fall or in a few years, it's not too early to begin researching college choices, reviewing admission guidelines, and saving for college.

This, That, and the Other...

Public institutions of higher education are more likely to offer distance education courses than private institutions, according to a recent study from the National Center for Education Statistics (NCES). In 2000–2001, distance education courses were offered at 90 percent of public 2-year institutions, and at 89 percent of public 4-year institutions. During that same year, distance education courses were offered by 16 percent of private 2-year institutions, and 40 percent of private 4-year institutions.

A detailed report on the NCES study, which was conducted through the Postsecondary Education Quick Information System (PEQIS), is available online at http://nces.ed.gov/surveys/
peqis/publications/2003017/.