Shoptalk Online 420

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TG Updates

Stock up on financial aid brochures and collateral for the fall through TG
One way you can give your students quick, comprehensive information about financial aid and potentially lessen your office workload is through easy-to-mail brochures. TG offers a suite of publications on many of the issues important to your students. If you're looking to supplement any materials you provide students on educational loans, consider these well-organized, comprehensive publications.

Tech Report

Product spotlight: Prescreen student job applicants with TG CollegeWorks By Web™
TG CollegeWorks By Web helps schools save time and money. One way it does this is by giving administrators the ability to prescreen applicants through a set of questions posted online with a notice of the job opening. With this feature, a designated administrator or supervisor for the system can add position requirements for filling the position or filter applicants according to experience, knowledge, and ability.

Trends and Issues

Focus on academics: Give your students the keys to succeeding in school
More financial aid administrators are linking strong academic performance to a successful career post-graduation and, ultimately, paying off student loans. TG offers a comprehensive workshop on life success and financial literacy that helps to foster students' academic skills, among other things. The program — POSITIVE+BALANCE™ — is fully customizable and can be integrated with existing campus programs on academic and career development.

Five ways to make your financial aid website a hit with students
Financial aid offices are finding that their websites are an essential hub of information for students, one that can add efficiency to the student loan process and establish a strong customer service relationship with students. If you’re responsible for content on your school’s financial aid Web pages, consider how you can make the site even more of a versatile, effective tool for your customers. You’ll find that with the right combination of features and functions you can anticipate student questions and potentially reduce the administrative work your office handles.

Question of the week
A parent was originally denied a PLUS loan but was later approved after obtaining a credit-worthy endorser. The parent has now requested an additional PLUS loan amount. Does the parent have to apply for the additional PLUS loan amount using another Federal PLUS Loan Application and Master Promissory Note (PLUS MPN) and another Endorser Addendum?

Tip of the Week

TG offers you a number of resources to help your students with all their financial aid needs, including a database of frequently asked questions about student loans and loan repayment called Ask TG™. You can direct your students to it at http://tg.custhelp.com/cgi-bin/tg.cfg/php/enduser/home.php.

This, That, and the Other...

The Federal Deposit Insurance Corporation (FDIC) issued a collection of 51 tips for helping consumers save money on loans and credit cards. Packaged in a special edition of the agency's quarterly FDIC Consumer News, these tips provide ideas and information on topics such as how to get the best possible interest rates, avoid paying unnecessary fees, find "emergency" cash at affordable prices, and steer clear of credit-related rip-offs and scams.

The publication, titled "51 Ways to Save Hundreds on Loans and Credit Cards," includes tips for saving money in a consumer's basic financial affairs. A few examples of suggestions include: paying bills on time to maintain a good credit record and qualify for low rates; checking credit reports for accuracy; reviewing existing loans and credit cards; and comparing products offered by a few competitors and then negotiating the best deal.

This special edition of FDIC Consumer News can be read or printed online at www.fdic.gov/consumers/consumer/news/cnsum07.











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Round Rock, TX 78683-3100
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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: Sandra Carey, Rob Davenport, Kelly Kaelin, Cindy Marrs, and Art Martinez. Edited by TG Communications and Policy and Regulatory Affairs. Designed by TG Communications.

©2007 Texas Guaranteed Student Loan Corporation.
AIE, Ask TG, Positive+Balance, TG CollegeWorks By Web, and the TG logo are trademarks of Texas Guaranteed Student Loan Corporation.