TG Updates

Meet Aubrey Stelly, senior partnership consultant
Partnering with school and lender customers is a cornerstone of TG's business. Whether it's automating a process or providing training, TG works closely with schools and lenders as they meet today's growing regulatory and processing challenges. Someone who ensures that lender customers benefit from TG's resources in technology and training is Aubrey Stelly of TG's strategic partnerships.

Skill builders: Managing paper effectively and efficiently
There's no doubt that the electronic revolution has made an impact in today's work environment. From computers and CD-ROMs, to flash drives and PDAs, the information that required ink and paper in the past is now handled electronically. Of course, paper has not entirely disappeared from the workspace.

TG resources: Plan ahead with TG's Events Calendar
TG's online Events Calendar is a useful tool that financial aid professionals can use to plan for important industry-related dates and events.

Question of the week
Is a school required to keep a copy of a borrower's completed Master Promissory Note (MPN)?

Coming up…
These events are taking place during the upcoming months.

Trends and Issues

TG answers questions on loan delivery
As we approach peak loan processing season, many schools are preparing to deliver financial aid funds to their student and parent borrowers. At this time of year, it is common for TG to receive questions from schools on the subject of loan delivery. In the spirit of awareness and edification, TG has compiled a series of loan delivery queries that financial aid administrators (FAAs) tend to focus on during peak loan processing season.

Give yourself an entrance counseling checkup
With the traditional fall semester just a couple of weeks away, schools will be making sure that their first-time Stafford loan borrowers complete entrance counseling. Now is the time to double-check that the entrance counseling you are providing to your students has all of the requisite components.

Legislative Update

The August 1 issue of TG's Legislative Report includes updates on the progress of the reauthorization of the Higher Education Act, including the provision in Section 108 of HR609 that proposes to implement a "college affordability index." Keep up with the latest developments by reading the full report on TG Online at www.tgslc.org/lege_report/index.cfm.

This, That, and the Other...

As elementary and secondary teachers prepare to begin another school year, some who borrowed student loans to prepare for their careers have something extra to smile about. TG is pleased to announce that it has awarded more than $2 million in loan forgiveness under the Teacher Loan Forgiveness Program (TLFP).

Now, TG doesn't want to say that it's a teacher's pet, but since the TLFP began in July 2001, TG has approved TLFP applications for 414 borrowers, forgiven 730 student loans, and issued a cumulative forgiveness amount of $2,035,320! TG is glad to see that the TLFP is providing such a wonderful benefit to these very deserving borrowers.

For more information about the TLFP, contact TG customer assistance at (800) 845-6267, or send an message to cust.assist@tgslc.org.