TG Updates

Guarantees 14 times a day!
Have you ever missed the 12 p.m. cut off for TG's noontime guarantee processing? Take your time and finish your meal, because you now will have seven more opportunities after lunch to submit a loan request and receive a guarantee. That is just one of the many benefits of TG's new hourly MPN processing schedule, which began on October 15.

TG awards $1 million in grants to benefit college students with financial need
More than 120 Texas colleges and universities this year qualified to receive Charley Wootan Grant funds from TG. For the second year in a row, TG allocated $1 million for awards to benefit students with financial need.

Federal Updates

ED releases official deadline extensions
TG announced in a previously published Shoptalk Online that ED intended to extend certain institutional reporting and applicant filing deadlines for schools and students located in federally declared disaster areas created by this summer's hurricanes.

Trends and Issues

Default management efforts come front and center
With publication of the latest cohort default rates, schools have a good opportunity to reassess their approach to default management. An annual review of what's working on your campus and what's not is important to the success of your school's efforts and, ultimately, to the success of the students you serve.

Series Part III: Share Knowledge Gained from Conference Events
The fall conference season is in full swing, with conferences in New York, Kentucky, and Georgia being held next week. Many of you are looking forward to spending time with colleagues and brushing up on the latest industry trends and developments.