November 9, 2010 - Edition 580 TG
Shoptalk

Industry Update

Final rules focus: Satisfactory academic progress (SAP)
Final rules published on October 29, 2010, revise current SAP regulations to clarify, standardize, and strengthen provisions on school evaluations.

A closer look at final rules for retaking coursework
The recently-released final rules also clarify when students enrolled in term-based programs may receive Title IV funding for repeated coursework. Learn more about the parameters for using Title IV funds to cover retaken courses in a student's program of study.

How final rules affect written arrangements between two or more eligible schools
Schools under written arrangements with other schools to provide part of a program must disclose new information to students. Also, arrangements between for-profit schools under common ownership may be impacted by a new provision.

TG Report

TG joins with THECB and TASFAA to present regional training in Lubbock
Scheduled for November 19, the training will offer an update on regulatory changes and requirements, guidance on calculating the cost of attendance, perspectives on financial literacy, and more.

Four ways myTG℠ can support TG borrowers in repayment
As your December graduates prepare for the next phase of their career, offer them online help for managing their TG-guaranteed student loans — myTG℠. The myTG portal provides borrowers convenient access to loan data as well as a number of tools for monitoring and handling payments.

Do you have questions about IBR? TG video offers answers
Looking for a concise summary of Income-Based Repayment as well as tips on how you can educate borrowers about the plan? TG provides help with a video available through its corporate website.

Educate your December graduates about repayment with TG's exit counseling resources
TG has developed presentation materials to help postsecondary institutions train their staffs, who can, in turn, help borrowers manage their student loan debt. These presentations offer a consistent message to students — that repayment is an obligation, that repayment plans are flexible and designed to meet borrower needs, and that help is available if necessary.

Policy Report

Common Manual updates
Guarantor representatives who serve on the Common Manual Governing Board have approved several changes to the Common Manual.

Smart Solutions
What will a student loan cost with a standard 10-year repayment plan? TG's Adventures In Education offers an answer, depending on the amount, with its handy quick reference repayment chart for students.
News Briefs

Concerned about your institution's student dropout or transfer rate? Consider your students' level of satisfaction with the campus experience. Studies, including annual surveys conducted by the Higher Education Research Institute (HERI), suggest that students are more likely to be happy with their choice of school if they feel a sense of belonging. What does that mean? Generally, students who feel "connected" to campus life, including having more opportunity for interaction and discussion with instructors, tend to be content with their college or university. Find out more about the findings from HERI's latest survey of freshman students.