TG Continues to Provide Key Support in New Federal Student Loan Environment

For 30 years, TG has helped schools, students, and families navigate the college financial aid process. As the federal student loan industry changes, TG reaffirms its commitment in providing the valuable services and tools that hundreds of schools and millions of students and families have come to know.

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At TG, we see the new federal student loan environment as an opportunity to work even more closely with schools and students.

Round Rock, TX (Vocus) July 2, 2010

For 30 years, TG has helped schools, students, and families navigate the college financial aid process. As the federal student loan industry changes, TG reaffirms its commitment in providing the valuable services and tools that hundreds of schools and millions of students and families have come to know.

TG will continue to provide life-of-the-loan support for its $30 billion Federal Family Education Loan Program portfolio, and remain dedicated to helping ensure the future success of the federal student aid programs.

Today, TG is focused on enhancing key services in areas of default prevention, financial literacy, and policy training, and will continue to support college-promoting outreach initiatives.

Default prevention

TG’s default prevention tools are designed to help schools successfully manage their cohort default rates (CDR), an area of critical importance for schools participating in the federal student aid programs.

Financial literacy

TG provides Web tools and in-person training to explain how to plan and pay for a college education. With TG’s resources, students can access financial literacy tools to help strengthen their money management skills, and counseling when they need assistance understanding student loan repayment.

“At TG, we see the new federal student loan environment as an opportunity to work even more closely with schools and students,” said Sue McMillin, TG President and CEO.

For more information on TG and its services, please visit http://www.tgslc.org.

TG is a public, nonprofit corporation that promotes educational success to help millions of students and families realize their college and career dreams. TG provides critical support to schools, students, and borrowers at every stage of the federal student aid process — from providing information on how to pay for a higher education including financial aid options, to facilitating successful loan repayment after graduation.

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