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Federal Updates
Constitution Day notice posted to Federal Register
Today, ED posted a notice to the Federal Register regarding the Constitution Day and Citizenship Day provision that was included in the Consolidated Appropriations Act of 2005. The Constitution Day provision, first reported about in Shoptalk Online Edition 285 (see www.tgslc.org/shoptalk/2004/st285/st28501.cfm), requires any school that receives federal funding to hold an educational program on the United States Constitution on September 17 of each year.
Latest volume of the 2005-06 FSA Handbook now online
ED has released Volume 5 of the 2005-06 Federal Student Aid Handbook (FSA Handbook). This is the third volume that has been released so far for the upcoming award year.
TG Updates
Tips for using IDA™: How to create customized letter templates
Did you know that in addition to using TG's Integrated Default Assistant (IDA) to generate default aversion reports for your school, there is a simple process you can use to create customized letters to mail to your borrowers who are in danger of becoming delinquent or defaulting on their student loans?
TG's Center for Financial Aid Policy in Community Colleges available on TG Online
TG's newest resource that focuses on helping community colleges meet their enrollment and graduation goals is now available online. Customers may now visit TG Online (www.tgslc.org) for information on the Center for Financial Aid Policy in Community Colleges. The mission of this industry initiative is to shape effective financial aid policy and practices that impact student enrollment, retention, and graduation rates at community colleges.
Trends and Issues
Financial aid listserv turns 13
The FINAID-L, which many schools, lenders, and others in the financial aid industry have come to rely on for information and knowledge sharing, completes its thirteenth year of operation this month.
Article looks at students' Top 10 career choices
CNN/Money reports that high school students entering college are as likely to aspire to becoming teachers as they are doctors or lawyers.
Legislative Update
The May 17 issue of TG's Legislative Report includes the memo sent to Texas' congressional delegation from TG, the Texas Association of Student Financial Aid Administrators (TASFAA), and the Association of Texas Lenders for Education (ATLE) with the three groups' recommendations on the STAR Act legislation in the upcoming reauthorization of the Higher Education Act. This week's issue also contains a TG Sunset Advisory Commission Review Update. 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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