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TG Updates
TG implements new SLI sign-on to protect borrowers
TG has implemented password protection for student and parent borrowers who access account information through the Student Loan Inquiry (SLI) page on TG's Adventures In Education website at www.aie.org. A site registration process has been added to help safeguard the online privacy of borrowers' personal information.
PLUS MPN implementation date approaches
The date is drawing close or, at your school, it may already be here. What date, you ask? The PLUS Loan Application and Master Promissory Note (PLUS MPN) implementation date, of course. Count on TG to help you make your transition to the PLUS MPN as smooth as possible.
TG Conference sessions to explore future of CommonLine
You already know that the implementation of CommonLine has streamlined the electronic processing of FFELP and alternative loans for schools, lenders, servicers, and guarantors. You already know that with CommonLine, schools are able to communicate with any number of service providers in a standardized format using just one software product of their choice. But are you fully aware of how the latest and upcoming versions will impact your organization? Come find out at the TG Conference, "Kaleidoscope of Dreams."
TG Policies
ED issues Consolidation loan guidance letter
In a March 15, 2004, letter addressed to the National Council of Higher Education Loan Programs (NCHELP), ED provided guidance on the topic of consolidating non-FFELP loans into a FFELP Consolidation loan.
Federal Updates
ED issues FFELP Lender/Servicer Compliance Guide
On March 30, 2004, ED posted the Federal Student Aid Lender/Servicer Review Guide to the Information for Financial Aid Professionals (IFAP) website.
SEC scrutinizes college savings plans
State-sponsored tuition savings plans (529 plans) are going to come under heightened federal scrutiny following SEC Chairman William H. Donaldson's establishment of the Task Force on College Savings Plans. The task force will investigate high costs and fees associated with some plans and limited disclosure that could hurt investors.
Common Manual
Common Manual Updates
Information on recent updates to the Common Manual.
Legislative Update
The March 30 issue of TG's Legislative Report provides updates on the House and Senate budget resolutions, which have gone to a conference committee, and on reauthorization bills and other student aid related legislation before Congress. The report also provides dates for upcoming hearings of the Texas Joint Interim Committee on Higher Education and an update on the Sunset Advisory Commission review of TG. Keep up with the latest developments by reading the full report on TG Online at www.tgslc.org/lege_report/index.cfm.
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