Federal Updates

ECASLA update
ED recently announced the creation of a new loan purchase program under the "Ensuring Continued Access to Student Loans Act of 2008" (ECASLA).

Closed school corner
The Department of Education announces one new closure.

TG Updates

TG offers tool for calculating the daily interest on student loans
TG unveiled a new calculator that illustrates how the number of days between a borrower’s last payment, the interest rate, and the principal loan balance affect the amount of interest that accrues each month on a borrower’s loans. Available through TG’s college and career planning site, Adventures In Education (AIE™), this calculator offers a simple interface for estimating daily interest.

Join the dialogue: TG presents webinars on List Assist^SM, ECASLA
TG will offer two webinars in the remaining weeks of December: a product training on TG's new lender list survey tool, List Assist; and an instructive overview of the Ensuring Continued Access to Student Loans Act (ECASLA).

Loan counseling resources available on TG Online
TG is pleased to announce the availability of additional resources for schools to assist in implementing the new loan entrance and exit counseling requirements instituted by the Higher Education Opportunity and Access Act (HEOA).

With TG's support, Mapping Your Future® premieres TEACH Grant exit counseling
TG and Mapping Your Future (MYF) announce that MYF now offers TEACH (Teacher Education Assistance for College and Higher Education) Grant exit counseling, bringing the total number of available sessions within Online Student Loan Counseling (OSLC) to eighteen.

Common Manual

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

This, That, and the Other...

Interactive technology is finding its way into more industry training events. TG uses one example of such technology — the clicker — to great effect with several of its Speakers Bureau workshops, including "Policy Potpourri." The clicker is a small, handheld, wireless input tool, which participants can use to respond when questions are flashed on a screen or spoken aloud. In Policy Potpourri, participants click answers to challenging questions on a variety of current federal student aid topics in a game format. The interactive approach offers a great way to teach the sometimes complicated topic of regulatory policy. In fact, these training events have been very popular with participants who enjoy testing their knowledge and like the instant gratification of learning whether a response was correct. Would you like to learn more about this session or the many training opportunities TG offers through its Speakers Bureau? Visit www.tgslc.org/speakers/index.cfm to review the complete training catalog.