Shoptalk Online 275

New president/CEO Sue McMillin reaffirms TG's commitment
Sue McMillin became TG's new president and chief executive officer on October 1, 2004. Even as the financial aid community prepares for reauthorization and other changes ahead, McMillin pledges that TG's longstanding commitment to its business partners — and the families and students we serve together — remains steadfast.

Federal Updates

ED issues DCL on request and use of ED-PINs
ED recently issued Dear Colleague Letter (DCL) GEN 04-10 to clarify the requirements for the request and use of ED-PINs in federal student aid programs. ED also describes actions it will take if it believes the integrity of an ED-PIN is compromised.

Trends and Issues

Topsy-turvy terminology
Have you ever wondered about the differences between the income-sensitive and income-contingent repayment plans? Well, you're in luck — this article compares these two similar, but different, plans and provides details about each.

Legislative Update

The September 30 issue of TG’s Legislative Report includes updates on the legislative outlook for the 109th Congress, upcoming national elections and their potential impact on reauthorization and Title IV programs, and Congressional Budget Office and Congressional Research Service estimates on planned federal spending. Also included are updates on the agenda of the Texas Legislature, the Sunset Advisory Commission Review of TG, and the coalition of various Texas higher education and financial aid organizations. Keep up with the latest developments by reading the full report on TG Online at www.tgslc.org/lege_report/index.cfm.

Send a notice to your May 2004 grads that their grace period is almost over. Remind them that repayment begins soon and offer to answer questions. Or direct them to TG’s default prevention team counselors at (800) 338-4752.

This, That, and the Other...

TG is looking forward to another fun and informative TASFAA Fall Conference with our Texas colleagues and friends this week in Corpus Christi. TG will be doing its part to offer attendees a wide array of sessions. TG team members will be presenting on several timely topics: immigrant students, cash management, strategic enrollment management, default prevention, reauthorization and other upcoming legislation, customer service challenges, diversity, and promoting the financial aid office on campus.

Details on these sessions are available in Shoptalk Online Edition 274.

TG
P.O. Box 83100
Round Rock, TX 78683-3100
(800) 252-9743
(512) 219-5700
(512) 219-4560 speech and hearing impaired.

Shoptalk Online is published by TG. Unless specifically noted, the policies and procedures outlined in Shoptalk Online apply only to loans made under TG's guarantee and not to loans underwritten by other guarantors.

To ask questions about the articles in Shoptalk Online, please contact Communications at (800) 252-9743, ext. 4732 or communications@tgslc.org.

Contributors to this edition: Kristin Boyer, Andrés Cordero, Jennifer Evrard, Nina Hold, Sandy Keller, Art Martinez, and Steve Schmidt. Edited by TG Communications and Policy and Regulatory Affairs. Designed by TG Communications.

©2004 Texas Guaranteed Student Loan Corporation.
The TG logo is a trademark of Texas Guaranteed Student Loan Corporation.