October 5, 2010 - Edition 574 TG
Shoptalk

TG Report

TG launches enhanced Integrated Default Assistant
TG has released a revised version of its Integrated Default Assistant (IDA), a multipurpose tool that helps schools track their cohort default rate (CDR) and communicate with borrowers who have delinquent student loans. IDA gives higher education institutions the opportunity to build a more complete picture of their student loan delinquency.

Register for TG's upcoming default aversion workshops
TG offers some default aversion help with several upcoming workshops offered on college campuses in Florida and California.

Managing industry change? TG's regional trainings can help
TG's regional trainings offer a forum in which to learn about these regulatory changes as well as hear about some of TG's ongoing initiatives to better serve schools. TG has scheduled a number of such trainings for the upcoming months at colleges across the U.S.

Order TG's teacher loan forgiveness brochure to educate your students and staff
Congress established the Teacher Loan Forgiveness (TLF) Program to attract people to the teaching profession and to retain highly qualified teachers in low-income schools. TG offers an informative brochure on the TLF Program, which outlines qualifications for loan forgiveness and details how to apply for it.

Industry Update

Current special allowance rates: quarter ending September 30, 2010
ED has announced rates for the final quarter of FY 2010.

Policy Report

Latest IFAP postings
ED has posted a variety of announcements on the IFAP website, including updates on COD technical details, COD processing, and the Federal Register.

Smart Solutions
Credit reports are like report cards that last an individual's entire life, offering an assessment of how well the person remained in control of his or her finances. Students may be surprised that they start making "grades" on this report as soon as they borrow money or start using a credit card. TG's Adventures In Education explains the credit report and offers tips on maintaining good credit.

News Briefs

The University of Texas at San Antonio's Applied Engineering and Technology Library looks like many other newly built campus libraries. It's got a sleek, modern feel and offers ample study space with comfortable seating for students. But in one regard, it's quite unique: it has no books, which is to say, the library's holdings — more than 425,000 publications — are entirely digital. Students can find hard copy versions of the library's books and journals at the campus' main library, but reading and studying at this particular library is done entirely online. Many university libraries are following suit, placing at least parts of their collections online and storing away the hard copy publications. Learn more about the development of the e-library.