January 31, 2006

TG awards grants of more than $1.8 million to organizations to advance college opportunity, student retention, research

Round Rock, Texas — TG's Public Benefit Grant Program, a philanthropic initiative of TG, has awarded more than $1.8 million to 20 institutions and non-profit organizations to help fund local, regional, and statewide efforts that will lead to greater opportunities and access to higher education and greater student success in preparing for and earning a college degree.

"Our nation's future depends on our ability to inspire students to achieve all that they're capable of accomplishing," said Sue McMillin, president and CEO of TG, a Texas-based, non-profit corporation that provides federal student loan guarantees to help ensure access to higher education for millions of students across the country each year. "Since TG's founding 25 years ago, we have been committed to the ideal that everyone who aspires to complete a college degree should have the opportunity to do so. However, many families don't have access to information or resources to understand how they can achieve their educational and career goals. Through TG's Public Benefit Grants, we're pleased that we can help these like-minded organizations reach out to students and families."

The TG Public Benefit Grant recipients for 2006 include:

• Admission Control
• College For All Texans Foundation/Texas Higher Education Coordinating Board
• Communities in Schools of San Antonio
• Council for Opportunity in Education/Pell Institute
• Georgia Foundation for Independent Colleges
• McLennan Community College Foundation
• Mountain View College
• San Antonio Education Partnership
• South Carolina Independent Colleges and Universities
• Texas A&M University
• Texas State Technical College - Waco
• Texas Tech University
• Texas Woman's University
• University of Houston - Downtown
• University of Houston - Victoria
• University of Nebraska - Lincoln
• University of Texas at Brownsville
• University of Texas - Pan American
• West Texas A&M University
• Wichita Area Technical College

In determining the recipients, TG required each non-profit organization to declare its intent to use grant funding to improve access to, or participation in postsecondary education, college retention, and student success. TG intends that the primary beneficiaries of these efforts, either directly or indirectly, be students who are from low- to moderate-income families.

The grant awards will help organizations carry out efforts that include:

• Financial aid, in the form of grants to students;
• Student mentoring;
• Pre-college outreach to students and parents;
• Academic support and instruction;
• Student retention;
• Student transfer guidance and support;
• Debt management and default prevention; and
• Education research.

These public benefit grants are offered in addition to ongoing support for the Charley Wootan Grant Program, a need-based grant program established by TG in 2000. In the 2005-2006 academic year, $1 million in Charley Wootan Grants were provided to help students enrolled in postsecondary education. Since its inception, the program has awarded more than $3.7 million in grants to hundreds of public-, private-, community- and career colleges and universities.

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About TG: 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