TG Product Update 2010 Paul Lewis, Jr. Director, Product Management, TG
Agenda List Assist SM Loan reporting IDA 2.0 myTG SM portal Future strategy Transition to FDLP
List Assist ℠
List Assist Helps automate and simplify the lender survey process Provides a library of FFELP and alternative lender questions –Suggested and reviewed by financial aid administrators Documents the lender survey process and generates a variety of reports for comparing and evaluating responses Offers a more consistent survey method, for example, standard questions, blind-test conditions for evaluating lender responses, etc.
List Assist Main Menu
Create Survey
Loan Reporting
Loan reporting Notify schools of Put loans –Refresh record –AdvanTG Web™ reports Update deferment status –Military –Parent PLUS March 2010 implementation
IDA ™ 2.0
IDA 2.0 features IDA 2.0 will: –Allow schools to import non-TG data NSLDS ED servicers Other guarantors –Schedule activities –Track user and system activities Access via school portal
IDA 2.0 – Requesting a report
myTG ℠
myTG portals Borrower portal –330,000+ registered users –Online payment option –Loan summary –Account history School/Institution portal will offer: –Single sign-on –Access to applications –Profile management
Future Strategy “The best way to predict the future is to create it.” -Peter Drucker
TG’s product focus Enhance default prevention Expand financial literacy program Develop strategy for private loan processing Further embrace portal technology
Transition to FDLP
Preparation is key Loans affected by 07/01/10 target date TG application and disbursement edits Implementation contingent on SAFRA
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