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TG Updates
TG updates Consolidation Station Web page with information about "in-school" consolidation
In edition 305 of Shoptalk Online, TG provided guidance from ED that allows students to enter repayment on their Stafford loans while still in school in order to obtain a Consolidation loan. In accordance with this guidance, TG has updated Consolidation Station, TG's practical Web resource for borrowers who are contemplating consolidation.
TG supports Hispanic-Serving Institutions, provides testimony at congressional hearing
Sue McMillin, TG president and CEO, provided testimony to the U.S. House Select Education Subcommittee on the critical issue of graduate education opportunities at Hispanic-Serving Institutions (HSIs). The written testimony provided a synthesis of how graduate students pay for college, referenced the lack of a federal need-based grant program for graduate students, and compared borrowing trends at HSIs and non-HSIs.
Trends and Issues
State-funded student financial aid increases in 2003-04
States awarded $7.3 billion in total state-funded student financial aid in 2003-04 — a 6 percent increase over the $6.9 billion awarded in 2002-03, according to annual survey report of the National Association of State Student Grant and Aid Programs (NASSGAP).
Legislative Update
The May 27 issue of TG's Legislative Report includes a congressional update on the FY 2006 appropriations legislation and an update on Texas legislation that affects higher education and student financial aid. 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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