TG Updates

TG to add online payment capability to loan account management tool, myTG℠
TG will introduce several enhancements to myTG, including changes that allow borrowers to make online payments. These new features will make it easier for defaulted borrowers to resume repayment on their student loans and begin financial recovery.

Product spotlight: Third-party sites can pass school and lender ED IDs to TG Loans By Web™
TG Loans By Web offers a number of new features to borrowers, schools, and lenders. For example, third-party Web sites can pass key data elements, including a lender and/or school ED ID, to TG Loans By Web.

Career opportunity: TG offers leadership training for financial aid managers and supervisors
TG has set training dates for the 2010 Financial Aid Leadership Symposium, which will be held February 8-12, in Round Rock, Texas.

Help your students manage their college expenses with TG's calculator tools
TG offers a variety of calculator tools for helping students estimate and manage their college expenses. Among other things, TG's calculator tools allow students to project monthly loan payments once they graduate; estimate EFC, or the expected family contribution from students and/or parents; and determine what they can expect to take home in pay given a certain salary.

This, That, and the Other...

Colleges are discovering a fairly simple way to promote student retention through graduation — hosting an opening convocation. Convocation ceremonies are the norm at many colleges, especially smaller, liberal arts institutions. But administrators are finding that the tradition can have a positive effect on student retention if attendance is mandatory and the ceremony instills a sense of community in students.

For example, the University of Vermont recently revamped its convocation ceremony, holding the ceremony before classes start, requiring that all new students attend, and inaugurating variations on old traditions that serve to promote college loyalty in students. Learn more about what other colleges are doing to turn convocation ceremonies into a retention tool of sorts.