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TG Updates
Register today for AdvanTG Web™ Enhancements and TG Versatile Routing™ webinars
TG is implementing enhancements to AdvanTG Web™, including adding TG Versatile Routing™. Before the enhancements are released, TG will hold webinars to let AdvanTG Web users know about these changes. These webinars will allow users to view all changes to screens and to ask questions about the enhancements.
Product spotlight: TG's Frequently Asked Questions brochure
TG’s Frequently Asked Questions brochure is an easy-to-mail pamphlet that offers detailed answers to perennial questions like — “Is consolidation right for me?” or “What is forbearance?” Offer the publication to graduating students, or stock it in your office lobby.
Meet Freddy Párraga, technical support consultant with TG's Product Support Group
The PSG team works by phone or , answering requests from the school, lender, and servicer customers that use TG’s products. Like others on the team, Freddy Párraga has a comprehensive knowledge of TG’s suite of products. He also has a keen appreciation of the business needs of TG’s school and lender customers. His ability to wed these two qualities makes him a strong resource to schools and lenders.
Trends and Issues
Sticky situations: awarding additional unsubsidized Stafford
In this edition of Shoptalk Online, we continue our series on difficult policy issues that come up occasionally in the Title IV programs. This installment will discuss exceptional circumstances under which a school is permitted to award additional unsubsidized Stafford loan funds — beyond the base annual loan limits — to a dependent undergraduate student.
Loan data reporting: Ensure accurate anticipated graduation/completion date is provided
When a school certifies a Stafford or PLUS loan, or completes an In-School Deferment Request, one of the pieces of information the school provides is the student's anticipated graduation/completion date. It is important that the school provide an accurate anticipated graduation/completion date, because this enables the lender and guarantor to report the loan's status correctly to the National Student Loan Data System (NSLDS).
Skill-builders: organize your financial aid office practice to get more done faster
Even the best-run businesses can be improved. Good office managers consider every aspect of operations as an opportunity for making the business stronger. If you’re looking for areas to strengthen in your financial aid office, consider tips in this article.
Question of the week
Is a student who is enrolled in an undergraduate program and is taking graduate level courses eligible for a Stafford loan at the graduate level annual loan limits?
Legislative Update
Both Houses of Congress have been busy introducing a variety of Higher Education Reauthorization bills. Along with other legislation, the Senate is considering the Student Debt Relief Act (S 359) and the Student Aid Reward Act (S 572/HR 1010). The House is looking closer at the College Student Relief Act (HR 5/S 282) and the Student Loan Sunshine Act (S 486/HR 890). The consensus is that the Senate Committee on Health, Education, Labor, & Pensions (HELP) will have before it a comprehensive Higher Education Reauthorization bill, which includes the bills listed above, by mid to late March. That bill will then be reported to the full Senate by early summer. The House may not have a comprehensive bill out of its Education and Labor Committee until late this year. Complete details are located in the latest issue of TG's Legislative Report. Read more on TG Online at www.tgslc.org/lege_report/index.cfm.
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