August 8, 2005

TG names new assistant vice president for planning

Round Rock, Texas — Kara Thompson will serve as TG's assistant vice president for strategic planning and development effective immediately. In her new position, Thompson will direct the ongoing development and enactment of TG's strategic and operational plans, manage TG's strategic initiatives process, and act as a liaison with the planning committee of TG's board of directors.

Thompson joined TG as assistant controller in 2001. During her tenure, she has played an integral role in the development of TG's electronic funds transfer process, in addition to serving as a resource for the company in the areas of financial reporting, accounting operations, federal reporting, and project management.

"Kara brings particular expertise in risk-based strategic planning to her new role," says TG Senior Vice President and Chief Financial Officer James Patterson. "Her experience — especially in the area of fiscal accountability — will help ensure that TG remains one of the strongest guarantors in the nation and can continue to improve the quality and efficiency of financial aid operations for schools, lenders, and students."

Thompson's previous work experience includes serving as director of strategic risk services for PricewaterhouseCoopers, with particular emphasis in managing the guaranteed student loan consulting practice for the firm. In this capacity at PwC, Thompson was recognized as a technical leader for the federal regulatory requirements within the guaranteed student loan industry.

Thompson also actively volunteers and has served on the boards of several Austin-area youth, school, and church organizations.

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TG is a public, nonprofit corporation that helps create access to higher education for millions of families and students through its role as an administrator of the Federal Family Education Loan Program (FFELP). Its vision is to be the premier source of information, financing, and assistance to help all families and students realize their educational and career dreams. Additional information about TG can be found online at www.tgslc.org. This press release can be downloaded from www.tgslc.org/newsroom/.

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Contact:
Kristin Boyer
TG
(512) 219-4990
(800) 252-9743, ext. 4990
kristin.boyer@tgslc.org