September 28, 2007 Volume 9 No. 19 E-UPDATES is an electronic newsletter sponsored and operated by the Student Loan Guarantee Foundation of Arkansas (SLGFA) to provide program information to schools and lenders participating in the Federal Family Education Loan Program (FFELP). IN THIS ISSUE: 1. SLGFA To Honor Former Senator David H. Pryor at Open House in October The Student Loan Guarantee Foundation of Arkansas cordially invites you to attend the Open House of our new facilities located at 10 Turtle Creek Lane in Little Rock, Arkansas on Thursday, October 4, 2007. Former Senator David H. Pryor will be the honored guest. SLGFA will pay tribute to Senator Pryor for his contributions to the student loan industry, and guests may tour the building following the presentations and remarks. Additionally, Governor Mike Beebe will be present at the Open House and will share comments concerning Pryor’s contribution to higher education and the State of Arkansas. Please R.S.V.P. to Lori French by phone at 800-622-3446, ext. 630 or via e-mail at email@example.com. To view a map to our new facilities, please click on the following link: http://www.slgfa.org/images/maps.asp 2. Reminder About New Federal Consolidation Loan Application and Promissory Note SLGFA would like to remind lenders that the new Federal Consolidation Loan Application and Promissory Note is the only application that may be provided to borrowers beginning October 1, 2007. Lenders may, however, process the prior version of the Federal Consolidation Loan Application and Promissory Note if that form is received by the lender after October 1, 2007. The new loan application and promissory note may be found on SLGFA’s website. Lenders may refer to FP-07-03 for more information concerning the new form by clicking on the following link: http://www.ifap.ed.gov/dpcletters/FP0703.html 3. Career Opportunity at SLGFA There is currently an open position at the Student Loan Guarantee Foundation of Arkansas. The opening is for a Default Prevention Counselor in the Default Prevention Department. Detailed information about career opportunities and a job description can be found at the following link: http://www.slgfa.org/slgfa/whats_new/jobsindex.asp 4. Delays in Major Database Changes Expected In order to meet deadlines during peak processing, SLGFA will implement a period during which delays will occur when major changes are requested to be made to school and lender setup profiles on the guarantor database. The period, during which setup changes may be delayed, will begin with change requests submitted on or after July 1, and continue through September 30. Click on the following link for more information: http://www.slgfa.org/slgfa/pubs/updates/lockdown07.asp Disclaimers: http://www.slgfa.org/slgfa/e-updates/f-print.asp. E-UPDATES is a service mark of SLGFA, Inc.