September 30, 2005

TG awards $1 million in grants to benefit college students with financial need

Round Rock, Texas — For the third consecutive year, TG's Charley Wootan Grant program will award $1 million through Texas colleges and universities to benefit undergraduate students with financial need. Each designated school will receive a check for $10,000 to be awarded to eligible students at the discretion of the school's financial aid office.

"TG strives to ensure educational access in everything we do," said Sue McMillin, TG president and chief executive officer. "It is especially rewarding to know that these funds directly impact needy students in higher education communities throughout Texas."

TG established the grant program in 2000 to provide assistance to students who have difficulties pursuing their higher education dreams because of financial need. In 2001, the TG board of directors voted to expand and rename the program to honor the memory of Dr. Charley V. Wootan, former chair of TG's board of directors, in recognition of his generous contributions and service in the field of education in the state of Texas and the nation.

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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