H.C.R. No. 159
HOUSE CONCURRENT RESOLUTION
WHEREAS, The Texas Guaranteed Student Loan Corporation (TG)
is celebrating its 30th anniversary in 2009; and
WHEREAS, Established as a public nonprofit organization by
the Texas Legislature in 1979, TG was created to administer a
guaranteed student loan program that would help qualified Texans
receive a postsecondary education and also to provide related
services; and
WHEREAS, Among the loan programs that TG administers is the
Federal Family Education Loan Program, which accounts for
approximately two-thirds of the direct financial aid awarded to
Texas students pursuing higher education; since 1979, working in
concert with school and lender colleagues, TG has assisted in the
delivery of more than 13 million student loans to over four million
student and parent borrowers, with no cost to the State of Texas;
the total value of those loans exceeds $62 billion; and
WHEREAS, In addition to successfully administering the
largest student aid program in Texas, TG has initiated a variety of
services to support student access to postsecondary education; to
make information about financial aid more readily available, the
agency has launched a hotline, hosts an annual statewide telethon,
and has developed two websites that provide a comprehensive
treatment of financial aid and ancillary topics, such as career
planning and financial literacy; and
WHEREAS, Student financial aid professionals benefit from
on-site training provided by TG to keep them abreast of the relevant
federal laws and regulations, as well as to assist them with issues
that are pertinent to their mission; this outstanding agency has
also created programs to provide supplemental, need-based
scholarships to students and to award grants for projects that
promote access to, and participation in, postsecondary education;
and
WHEREAS, The Texas Guaranteed Student Loan Corporation plays
a vital role in fostering an educated citizenry and in helping
Texans to realize their dreams, and in so doing, the organization is
contributing to the future of the Lone Star State; now, therefore,
be it
RESOLVED, That the 81st Legislature of the State of Texas
hereby commemorate the 30th anniversary of the creation of the
Texas Guaranteed Student Loan Corporation and extend sincere
appreciation to its board of directors and staff for their
exceptional commitment and achievements; and, be it further
RESOLVED, That an official copy of this resolution be
prepared for the Texas Guaranteed Student Loan Corporation as an
expression of high regard by the Texas House of Representatives and
Senate.
Alonzo
______________________________ ______________________________
President of the Senate Speaker of the House
I certify that H.C.R. No. 159 was adopted by the House on
April 16, 2009, by a non-record vote.
______________________________
Chief Clerk of the House
I certify that H.C.R. No. 159 was adopted by the Senate on May
20, 2009, by a viva-voce vote.
______________________________
Secretary of the Senate
APPROVED: __________________
Date
__________________
Governor