July 8, 2008

TG awards $5.6 million in competitive grants to advance college access and student retention

Round Rock, TX — TG has awarded more than $5.6 million in competitive grants to 49 institutions and nonprofit organizations to advance access to college, student retention, and educational research. This is the fourth consecutive year that TG will award the competitive grants through its Public Benefit Grant Program, the company's philanthropic initiative.

In reviewing grant proposals, TG required each grant recipient to use the funding to improve access to, or participation in, post-secondary education, college retention, and student access. Grant funding was particularly targeted to help, either directly or indirectly, students from low- to moderate-income families. Priority also was given to proposals which addressed the needs of first-generation college students, and/or students who are under-represented in higher education.

TG's grant funds will help this year's award recipients with efforts in financial aid with need-based grants to students; student mentoring and internships; pre-college outreach to students and families; academic support and instruction; student retention; student transfer guidance and support; and education research. Last year, TG awarded $5.2 million in grants to 42 institutions and nonprofit organizations. These grants are in addition to direct grant aid that TG provides through the Charley Wootan Grant Program.

"These grants reflect our continued commitment to support programs that directly benefit families and students," said Sue McMillin, TG president and CEO. "This year's grant recipients are providing services and shaping opportunities for needy students to realize their higher educational goals."

The TG Public Benefit Grant recipients for 2008-2009 include:

• Abilene Independent School District (Abilene, TX)
• ACCESS College Foundation (Norfolk, VA)
• Associated Colleges of Illinois (Chicago)
• Austin Community College
• Barnard College (New York)
• Breakthrough (Austin)
• Brevard Community College (Cocoa, FL)
• Capital IDEA (Austin)
• Cincinnati Youth Collaborative
• Coastal Bend College (Beeville, TX)
• College Forward (Austin)
• Communities in Schools of San Antonio
• Council for Opportunity in Education (Washington, DC)
• Education is Freedom Foundation (Dallas)
• EduGuide: Partnership for Learning (Lansing, MI)
• Excelencia in Education (Washington, D.C.)
• Hispanic Scholarship Consortium (Austin)
• Holmes County Education Foundation (Millersburg, OH)
• Houston A+ Challenge
• I Know I Can (Columbus, OH)
• Intercultural Development Research Association (San Antonio)
• Lake/Geauga Educational Assistance Foundation (Concord, OH)
• McLennan Community College (Waco, TX)
• Mott Community College (Flint, MI)
• Northeast Lakeview College (San Antonio)
• Ohio College Access Network (Columbus, OH)
• Ohio State University
• Sam Houston State University (Huntsville, TX)
• Shorter College (Rome, GA)
• South Texas College (McAllen, TX)
• Tallahassee Community College Foundation
• Texas A&M International University (Laredo, TX)
• Texas A&M University
• Texas State Technical College (Waco, TX)
• Texas Tech University (Lubbock, TX)
• Texas Wesleyan University (Fort Worth)
• University & College Access Network of Richland County (Mansfield, OH)
• University of Houston Law Foundation
• University of Houston - Downtown
• University of North Texas (Denton. TX)
• University of North Texas Health Science Center (Fort Worth)
• University of Texas
• University of Texas Medical Branch (Galveston, TX)
• University of Texas System
• University of Texas-Pan American (Edinburg, TX)
• University of the Incarnate Word (San Antonio)
• Vernon College (Wichita Falls, TX)
• Victoria College (Victoria, TX)
• Walsh College (North Canton, OH)

TG's Public Benefit Grant Program is administered based solely on merit and need, and without regard to the business of TG or any form of quid pro quo consideration.

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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:
Ray Perez
TG
(512) 219-4990
(800) 252-9743, ext. 4990
ray.perez@tgslc.org