Shoptalk Online 399

 Subscribe  ||  Email to a Colleague  ||  Printer-friendly Format  ||  Index of Past Issues 

Federal Updates

Higher education summit concludes with a national action plan
A group of business, higher education, and philanthropic leaders convened for a one-day summit on March 22 in Washington, D.C., to collaborate on a plan to implement the recommendations of the U.S. Secretary of Education's Commission on the Future of Higher Education.

ED issues DCL on borrower choice
On Friday, ED issued Dear Colleague Letter (DCL) GEN-07-01/FP-07-04. The DCL centers on ED's recent concerns that some borrowers have been denied their choice of lender for a FFELP loan. ED reminds a school that it may not refuse to certify a borrower's Stafford or PLUS loan based on any of several factors, including the borrower's choice of lender or guarantor. The DCL provides potential action that ED may take against a school that refuses to comply with these requirements.

TG Updates

2007 TG Annual Conference, "Heart and Soul," kicks off today in Austin
The 2007 TG Annual Conference, which begins today and continues through Thursday at the Hilton Austin, is set to deliver another in this series of great training experiences — one that leaves attendees re-energized in their mission and refreshed with industry knowledge.

TG issues new edition of School Fact Sheets about Texas colleges, lenders
TG has issued its latest edition of School Fact Sheets, an all-inclusive publication about Texas educational institutions of higher learning.

TG offers workshops on its Public Benefit Grant Program
TG has begun accepting proposals for grant funding for the next fiscal year. Proposals must be for projects — research or services — planned for FY 2008. To help interested institutions understand TG's guidelines and prepare a proposal, TG is holding workshops throughout the U.S.

Save the date: join TG at these spring training events
Over the next few months, TG will offer workshops at conferences and other events in Oklahoma, Minnesota, California, Texas, and New Mexico.

Trends and Issues

Question of the week
If a loan has two disbursements — one at the beginning of the fall and one at the beginning of the spring, for example — and the spring disbursement date has already passed and no disbursements on the loan have been made, can the school request that both disbursement amounts be disbursed in one lump sum?

Common Manual

Common Manual Updates
Information on recent updates to the Common Manual.

Tip of the Week

You'll find a complete listing of TG's relationship management and consulting (RMC) team members on TG Online at www.tgslc.org/rmc/index.cfm. Account executives are committed to answering your questions and providing you the best service possible.

This, That, and the Other...

TG offices will close at noon on April 6. Normal business hours will resume on Monday, April 9.











TG
P.O. Box 83100
Round Rock, TX 78683-3100
(800) 252-9743
(512) 219-5700
(512) 219-4560 speech and hearing impaired.

Shoptalk Online is published by TG. Unless specifically noted, the policies and procedures outlined in Shoptalk Online apply only to loans made under TG's guarantee and not to loans underwritten by other guarantors.

To ask questions about the articles in Shoptalk Online, please contact Communications at (800) 252-9743, ext. 4732 or communications@tgslc.org.

Contributors to this edition: Rob Davenport, Kelly Kaelin, Cecilia Ortiz, and Art Martinez. Edited by TG Communications and Policy and Regulatory Affairs. Designed by TG Communications.

©2007 Texas Guaranteed Student Loan Corporation.
The TG logo is a trademark of Texas Guaranteed Student Loan Corporation.