Shoptalk Online 501

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Federal Updates

ED announces approval of revised Stafford and PLUS MPNs and related forms
The newly revised Stafford and PLUS Loan Master Promissory Notes (MPNs) and their related documents have been approved by the Department of Education (ED) and the Office of Management and Budget (OMB) and are ready for implementation.

ED reminds 2009-10 applicants to update estimated income information
On May 1, 2009, ED will send notifications to selected 2009-10 Free Application for Federal Student Aid (FAFSA) filers who indicated, or whose parent(s) indicated, that they completed the FAFSA using estimated income information.

TG Updates

TG Annual Training Conference spotlights dedication of FFELP community
More than 300 financial aid professionals gave an enthusiastic reception to this year's TG Annual Training Conference, held in Austin, Texas, from April 22-24.

Conference session considers effects of new three-year cohort default rate calculation
A new three-year cohort default rate (CDR) calculation has become the focus of much industry discussion.

Conference spotlight: Financial aid panel focuses on the value of the FFELP
Financial aid professionals from a variety of schools focused on the benefits of the FFELP during a conference session moderated by Kim Alexander, TG vice president for customer focus.

Financial literacy program directors share their expertise during conference panel presentation
More schools are pursuing financial literacy initiatives that help prepare their students for the financial realities of life after college. A session at this year’s TG Annual Training Conference described four such campus efforts.

Student retention planning vital to student success according to conference panelists
Many studies show an inverse relationship between the quality of student advising and student attrition. Early warning systems that help pinpoint students who are at risk for dropping out are increasingly effective tools for ensuring student success. Information like this is important to faculty and staff and formed a large part of a TG conference session titled "Engaging Faculty and Staff for Student Success."

Conference spotlight: Measuring the success of financial literacy efforts
This year's TG Annual Training Conference offered attendees a unique training experience on financial literacy effectiveness — the "Financial Literacy Mini-symposium."

Spotlight on creativity: Conference session offers ways to integrate creativity into work
Many people subscribe to the conventional wisdom that there are two types of people: creative people and everyone else. Others view creativity as a universal trait; for them, it's practically impossible to get through a day without making creative choices. The TG 2009 Annual Training Conference offered a variation of this debate with a thought-provoking "Creativity Workshop."

TG offers new training to help financial aid rookies knock it out of the ballpark
If you've ever wished for a resource to get your office's financial aid rookies ready for the big leagues, check out TG's new training series, "Financial Aid for Rookies."

Trends and Issues

Policy potpourri
Can a school refuse to award student loans (federal or nonfederal loans) for summer sessions?

Tip of the Week

Find out how TG's Integrated Default Assistant™ (IDA™) can help your school manage its TG cohort default rate. To learn more, contact TG's product support team at (800) 332-1455, or send an e-mail message to product.support@tgslc.org.

This, That, and the Other...

Web technology is offering a way to explore a college campus without ever leaving home. With the help of Web 2.0 technology, more colleges and universities are including virtual tours of their campus services and facilities on their institution's Web site. American University and Penn State University are two such schools, with other schools expected to follow. American University's virtual tour features dozens of videos of faculty, staff, and students describing American's educational and recreational benefits.

Higher education officials believe that virtual tours will not replace the traditional, in-person campus tours. However, online access to campus video and photos can certainly help students narrow down the institutions they choose to visit.

To read the complete eCampus News article on the trend, visit www.ecampusnews.com/news/top-news/?i=58427;_hbguid=dc9f354d-7669-4f24-8487-d81e876732c8&d=top-news.











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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: Sam Armstrong, Andres Cordero, Rob Davenport, Sarah Faszholz, Cindy Marrs, Art Martinez, and Matt Smith. Edited by TG Communications and Policy and Regulatory Affairs. Designed by TG Communications.

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