October 5, 2006

Yvonne Batts named secretary of TG board of directors

Round Rock, Texas — Yvonne Batts, president and owner of Batts Communications Inc., in Abilene, Texas, has been named secretary of the board of directors for TG.

"Yvonne's achievements, experience, and service in business and in her community have enhanced the strengths of TG's board," said Sue McMillin, TG president and CEO. "We look forward to working with her in this new leadership role on the board to help ensure educational opportunities for the families and students of Texas."

As secretary of the board, Batts will provide leadership for one of the nation's largest guarantors, helping to ensure access to higher education for more than 350,000 students and families each year. TG currently guarantees more than $3 billion annually for student and parent borrowers through the Federal Family Education Loan Program. The company also assists students by providing information and guidance throughout the student's educational journey — from planning for college to successfully managing repayment of his or her student loans.

Batts was appointed to the TG Board in 2005 by Governor Rick Perry.

A resident of Abilene, Batts is involved in numerous civic and community organizations. Specifically, she serves on the board of directors for the Abilene Industrial Foundation, the Hendrick Medical Center Foundation, Big Brothers Big Sisters of Abilene, the Abilene Chamber of Commerce, and Goodwill Industries of West Texas.

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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