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Federal Updates
President Bush submits FY 2008 proposed budget to Congress
On February 5, 2007, President Bush submitted his FY 2008 proposed budget to Congress. The proposal provides for ED to administer over $90 billion in grants, loans, and Work-Study assistance to help over 11 million students and their families pay for college.
Neg Reg update
Last week, members from many sectors of the financial aid and higher education communities gathered in Washington, D.C., to participate in negotiated rulemaking (Neg Reg) sessions on a variety of issues affecting our industry.
TG Updates
TG updates Web pages with recent HEA legislation and tax benefit information
TG has made updates to several of its TG Online pages to reflect the latest changes in reauthorization and recent updates for tax benefit information.
Spotlight on TG's Public Benefit Grant Program: Underwood Stryker Institute at Kalamazoo College
The Underwood Stryker Institute for Service-Learning at Kalamazoo College recognizes the value of a good math tutoring, or “enrichment,” program. The institute has designed a unique math tutoring program called “Keeping the Doors Open,” geared to students from the Kalamazoo Public School system, especially minority students. The program stresses hands-on learning for middle and high school students. It also offers students from Kalamazoo College experience in leadership development.
Training Watch: Join TG at these Spring conferences
Spring is one of the busiest conference seasons for the financial aid industry. TG will be a strong presence at a variety of conferences, including events held in Missouri, New Mexico, Illinois, and Oklahoma.
Clarification for Daylight Saving Time article
In last week's Shoptalk Online (edition 391), the article on Daylight Saving Time incorrectly stated that TG had updated all of its operating systems, servers, and Web applications to comply with the Daylight Saving Time change. In actuality, TG has so far updated most of those systems that directly affect school and lender customers. The remainder of system updates will occur during the weekend of March 3. Final updates to our systems will occur on the weekend of March 11. Shoptalk Online regrets any potential confusion the article may have caused.
Tech Report
Updates coming to AdvanTG Web™ for Versatile Routing and for Common Record/CommonLine
As TG draws nearer to implementing Versatile Routing (VR) enhancements, we want to let AdvanTG Web users know about some changes you will notice in AdvanTG Web (AW). TG customers should also be aware that extensive work has begun to accommodate Common Record/CommonLine (CRC) transmission processing.
Trends and Issues
Question of the week
Is Grad PLUS considered a separate loan program from parent PLUS or is PLUS considered one loan program with two types of eligible borrowers?
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