TG adds online informational resource for borrowers of Direct Loans
As schools transition from the Federal Family Education Loan Program (FFELP) to the William D. Ford Federal Direct Loan Program (FDLP), students and parents could use a single source of easy-to-navigate, easy-to-understand credible information about Federal Direct Stafford Loans and Federal Direct PLUS loans. TG has reorganized loan information for borrowers.

TG and Council hold Second Annual Council Dialogue: New Dimensions of Default Prevention
For more than a decade, TG and the Council for the Management of Educational Finance have collaborated and led initiatives that focus on minimizing student loan delinquencies and, ultimately, preventing student loan defaults. On Wednesday, April 7, TG and members of the Council once again offered the student financial aid community the opportunity to discuss challenges that institutions face in ensuring successful student loan repayment.

Repayment support: Three ways that TG's default prevention counselors help borrowers
For the student loan borrower who finds herself or himself with a delinquent loan, reaching out for assistance can be intimidating. For TG's default prevention team, the goal is always to offer borrowers knowledge, help build their confidence, and instill in them the desire to reach out to their loan holders and servicers before it is too late. Given such assistance, borrowers are more likely to address issues that arise in repayment. TG's knowledgeable and friendly counselors focus on serving borrowers in three ways to help deliver this positive experience.

Latest TG Connection explores strategies for helping students enhance their financial literacy skills
The latest issue of TG Connection, TG's quarterly news magazine, explores today's financial literacy landscape and examines what techniques are most effective at engaging student attention. The issue includes advice from experts on which financial management concepts your students most need to understand, tips for helping students avoid identity theft, and strategies for shaping financial literacy messages for minority-student audiences.

TG debuts Web page on comprehensive enrollment management
To support those in postsecondary education involved in comprehensive enrollment management (CEM) and the areas of student access, finance, degree completion, and success, TG has published a Web page providing resources.

ED posts national cohort default rate as 7.2 percent
In an electronic announcement posted May 2, 2010, the Department of Education (ED) announced that the draft FY 2008 national student loan cohort default rate (CDR) is 7.2 percent, an increase over the last two fiscal years' official CDRs.

ED releases NSLDS technical updates
ED recently announced that the National Student Loan Data System (NSLDS) has been modified to accept a new loan status code for Federal Family Education Loan Program (FFELP) and Federal Perkins Loan Program (Perkins) loans that have been discharged due to disability based on documentation provided from the Department of Veterans Affairs (VA). This type of disability discharge is effective August 14, 2008, per the Higher Education Act (HEA) of 1965 as amended by the Higher Education Opportunity Act of 2008 (HEOA). The HEOA also expanded several current cancellation categories and added categories for public service for Perkins loans. Consequently, NSLDS has been modified to accept new codes for Perkins loan cancellations.

Common Manual updates
Guarantor representatives who serve on the Common Manual Governing Board have approved several changes to the Common Manual. Details on these changes and a newly updated Integrated Common Manual incorporating the changes are available on TG Online. These changes will appear in the Manual's next annual update.