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TG Updates
AdvanTG Web™ enhanced with customer-requested features
TG is pleased to announce the spring enhancement release of AdvanTG Web. This release went into production the weekend of May 1, 2004, and includes several new features, some of which are the direct result of school and lender input received at the Fall 2003 TG Users Group meeting. TG remains committed to responding to customer needs and ensuring that AdvanTG Web is your single-source loan management solution.
TG to adjust DAAR and claim processing schedules for system upgrade
TG will upgrade its default prevention, claims, and collections systems over the upcoming Memorial Day weekend. Because these systems will be unavailable during the conversion, TG is announcing a special processing schedule so that lenders and servicers may plan their electronic file exchanges with TG accordingly.
TG conference connects with customers; presentations now online
TG would like to thank all of our school, lender, and other financial aid partners for their participation in making "Kaleidoscope of Dreams" the best TG Conference yet. Our customer satisfaction survey reflected the strong connection that this year's conference made with financial aid and student lending professionals. Conference attendees rated this year's event an average of 4.82 out of 5.
Federal Updates
House of Representatives releases final reauthorization bill
The House of Representatives' much-anticipated final bill for reauthorization of the Higher Education Act was introduced by the House Committee on Education and the Workforce on May 5, 2004. The College Access and Opportunity Act, HR 4283, contains the House reauthorization recommendations for student financial aid provisions, including those for student loans.
Common Manual
Training brief outlines structure of Common Manual policy committee
A new training brief from the Common Manual Policy Committee sheds some light on that group's structure and the work it performs on behalf of the nation's guarantors. The brief, available on TG Online at www.tgslc.org/resources/cm_training.cfm, is the eleventh in a series of training resources created by the committee.
Legislative Update
The May 3 issue of TG's Legislative Report provides updates on the Texas Sunset Advisory Commission review of TG and a notice issued by the Commission to all interested parties. The report also provides the text of a recent letter on student loan consolidation issues sent by the Texas financial aid community to the Texas Congressional Delegation.
The May 7 Legislative Report provides updates on HEA reauthorization bills and legislation with student aid provisions. Also provided are updates on FY 2005 appropriations, dates for May hearings of the Texas Joint Interim Committee on Higher Education, and another update on the Sunset Advisory Commission review of TG.
Keep up with the latest developments by reading the full reports on TG Online at www.tgslc.org/lege_report/index.cfm.
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