TG Co-Sponsors Chat on Student Loan Forgiveness

Business Wire, April 29, 2003

Business Editors/Education Writers

AUSTIN, Texas--(BUSINESS WIRE)--April 29, 2003

Do you qualify for student loan forgiveness? Do you have to repay your student loan? Under certain circumstances, a student loan can be forgiven, cancelled or discharged.

Students and their families now have an opportunity to ask counselors about loan forgiveness during an online chat offered by Mapping Your Future at mapping-your-future.org.

Mapping Your Future, a public service Web site co-sponsored by TG and other student loan guarantee agencies, will offer a chat event on loan forgiveness, discharge and cancellation on May 6, 2003. The live event, scheduled for 6 p.m. (CDT), provides a unique opportunity to receive guidance on loan forgiveness and the financial aid processes from student financial aid experts from across the country.

During this chat, students and their families will learn more about the Stafford and Perkins loan forgiveness programs, including:

-- determining eligibility for loan forgiveness,

-- applying for loan forgiveness, and

-- paying for college and general financial aid information.

Anyone with Internet access can join in the chat by visiting mapping-your-future.org.

Mapping Your Future is a public service Web site sponsored by a group of guaranty agencies that participate in the Federal Family Loan Program (FFELP).

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/tgslc/newsroom/.