Welcome to the Online GSFC411 Newsletter Archive Here you can read the current newsletter in its entirety and browse past issues as they become available. MAY 2008 NEWSLETTER GAcollege411 Partner Update The latest news about the GAcollege411 website. View Partner Update Georgia Student Finance Commission to Pay Federal Default Fee With the economic challenges in the student loan industry and the rising cost of higher education, the Georgia Higher Education Assistance Corporation (GHEAC), the guaranty agency arm of the Georgia Student Finance Commission (GSFC), recently announced that it will pay the mandatory one-percent federal default fee on behalf of all Georgia borrowers. Read Full Article 2008 State Legislative Summary The 2008 Session of the State General Assembly ended on April 4th with lots of people in the halls of the capital full of quizzical looks. Many of them were wondering what passed, and others wondered if yet another arduous session was really over. Read Full Article Compliance Corner Compliance Corner features policies and procedures and frequently asked questions regarding Compliance reviews of GSFC's scholarship and grant programs. Read Full Article Georgia Student Finance Commission 2082 East Exchange Place Tucker, Georgia 30084 (770) 724-9000 or 1-800-505-GSFC (4732) FAX (770) 724-9089