TG Updates

TG adjusts hours and processing schedules for holiday and system upgrade
Memorial Day weekend represents an all-too-brief break for many professionals in financial aid and student loans. It marks the end of a busy packaging and spring conference season, and the beginning of peak student loan processing for the fall. As you wrap up your work this week, please keep in mind TG's special hours and processing schedules for the upcoming holiday weekend.

Federal Updates

Interest rates drop to new lows — again
ED announced yesterday that interest rates on Stafford and PLUS loans have dropped for the fourth straight year, to the lowest point in nearly 35 years. The reduced rates are expected to save families and students millions nationwide.

Trends and Issues

June 8 chat to explore student loan consolidation
With the low student loan interest rates currently in effect, should borrowers consolidate their student loans? Mapping Your Future counselors will help answer this and other consolidation questions during an online chat on Tuesday, June 8, from 2 to 3 p.m. CDT.

TG's Cal Abbott recognized for volunteer service
Cal Abbott, TG corporate business and financial analyst, was recently recognized with a Mapping Your Future 2004 Excellence Award. Mapping Your Future (mapping-your-future.org) is a public service website providing college, career, financial aid, and financial literacy information and services for students and families.