A message from Sue McMillin, TG President and CEO
Amidst the changing federal student loan landscape, TG remains focused on its mission of promoting college access and helping students and families realize their education and career dreams. At the same time, we stay dedicated to you, our customers and colleagues in financial aid.

Congress approves reconciliation bill
On Thursday, March 25, 2010, both houses of Congress approved the Health Care and Education Reconciliation Act of 2010 (HCERA, H.R. 4872, also known as the "reconciliation bill"), paving the way for it to be sent to President Obama for signature.

Inside the bill: provisions of HCERA
H.R. 4872, the Health Care and Education Reconciliation Act of 2010 (HCERA or "reconciliation bill") consists of two parts, also known as "titles." In general, the first title amends the Patient Protection and Affordable Care Act (H.R. 3590). The second title contains portions of the Student Aid and Fiscal Responsibility Act (SAFRA, H.R. 3221), which amends the Higher Education Act of 1965 (HEA).

Getting ready for summer lending and FFELP to FDLP transition
All Stafford, PLUS, and Consolidation loans first disbursed on or after July 1, 2010, will be made under the Federal Direct Loan Program (FDLP). This article provides information to assist schools that are in the early stages of planning their summer loan processing activities.

TG's Guarantee, Support, and Reporting team (GSR) stands ready to help you
With the passage of the reconciliation bill, FFELP schools must complete their transition to the Federal Direct Loan Program (FDLP) as soon as possible, to be ready for summer loan processing. TG's GSR team is ready to assist schools and lenders with their transitional loan processing needs.