August 30, 2011 – Edition 619 TG
Shoptalk

Industry Update

Official FY 2009 CDRs to be released September 12
FY 2009 cohort default rates and accompanying documentation will be sent to each school's Student Aid Internet Gateway (SAIG) mailbox if the school participates in the electronic CDR (eCDR) process. For a school not enrolled in the eCDR process, it may download its CDR and the documentation from the National Student Loan Data System website.

ED issues guidance on state authorization rules
Recently, ED released an electronic announcement that reviews the documentation requirements of the one-year extension that schools must retain to be considered legally authorized by a state. Schools offering distance education through online learning or correspondence study are especially encouraged to review this guidance.

TG Report

TG presents grant for outreach services to San Antonio nonprofit
The San Antonio Education Partnership is one of 35 institutions and nonprofit organizations to receive a grant award from the TG Public Benefit Grant Program for 2011. The organization received $229,910 for outreach services designed to promote enrollment and graduation rates among first-generation students.

Entrance/exit counseling check-up: Make sure your school's counseling meets federal requirements
Now is the time to double-check that the entrance and exit counseling you provide to your students has all of the requisite components. This article provides a short refresher course to help you in your review.

TG and Council offer online modules to supplement your entrance/exit counseling
TG and the Council for Student Financial Success in Higher Education have assembled a series of presentations and handouts, which can enhance the loan repayment information you offer students.

TG closed for Labor Day
TG will be closed Monday, September 5, in observance of the Labor Day holiday. TG will resume normal business hours of operation on Tuesday, September 6.

Smart Solutions
Budgeting is likely a new experience for most of your incoming freshmen. Give them some online help in matching income to expenses with Adventures In Education's in-school budget worksheet.

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News Briefs

What are the cultural touchstones that help shape the outlook of this semester's incoming freshmen? The Beloit College Mindset List for the Class of 2015 offers an idea, reminding us how change for one generation is a given for the next. Remember the dials on television sets? Your freshmen don't. Electric cars have always been humming on highways for these students. Ferris Bueller could be their father. Andy Warhol has always been dead. Say "Amazon" and today's freshmen think company, not river. There was never a time when women weren't represented on the U.S. Supreme Court. The Communist Party has always been outlawed in Russia. Red wine, in moderate quantities, has always been recommended as one way to help prevent heart attacks. Read the complete list.