Report Provides Overview of Texas Student Financial Aid

Did you know that the total cost of attendance at a four-year public university in Texas is only 2 percent less than the national average? Did you know that the State of Texas provides only $131 in state grants per enrolled student, while some other states provide substantially more grant funds to students? Are you aware that the federal cohort default rate in Texas has dropped more than 8 points over the most recent six years of published rates?

Texas Guaranteed's (TG's) report entitled State of Student Financial Aid in Texas provides a wealth of information concerning aid in the Lone Star State. Presented in a reader-friendly format, the report offers a series of one-page insights into how student aid in Texas compares to other highly-populated states and to the rest of the nation. The report has been received favorably by state legislators who now face several important bills relating to financial aid.

The report contains summaries and data regarding several aspects of financial aid in Texas. Major categories include the following:

• Educational Attainment
• Paying for College in Texas
• Grant Aid for Texas Students
• Student Debt in Texas
• Texas Guaranteed Student Loan Program
• Defaults in Texas Decline

Members of the educational and lending communities also may be interested in the information in the report, which is available in PDF on TG Online at www.tgslc.org/tgslc/pdf/sosfa.pdf.

Questions
For questions about TG's State of Student Financial Aid in Texas, call Jeff Webster, TG Director of Research and Policy Analysis, at (800) 252-9743, ext. 4504, or send an message to jeff.webster@tgslc.org.

To obtain a paper copy of the report, call TG Communications at (800) 252-9743, ext. 2878, or send an message to communications@tgslc.org.

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