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<div class=Section1>

<p class=MsoNormal><font size=3 color=black face="sans serif"><span
style='font-size:12.0pt'>I thought I&#8217;d better pitch my two-cents in today
regarding the Default Aversion Fee (guarantee fee) issue.</span></font></p>

<p class=MsoNormal><font size=3 color=black face="sans serif"><span
style='font-size:12.0pt'>Two comments:</span></font></p>

<p class=MsoNormal style='margin-left:52.5pt;text-indent:-34.5pt'><font size=3
color=black face="sans serif"><span style='font-size:12.0pt'>1.<font size=1
face="Times New Roman"><span style='font:7.0pt "Times New Roman"'>&nbsp;&nbsp;&nbsp;&nbsp;
</span></font></span></font>What you&#8217;re hearing is true, TG does not plan
to charge students the Default Aversion Fee as of 7/1/06</p>

<p class=MsoNormal style='margin-left:52.5pt;text-indent:-34.5pt'><font size=3
color=black face="sans serif"><span style='font-size:12.0pt'>2.<font size=1
face="Times New Roman"><span style='font:7.0pt "Times New Roman"'>&nbsp;&nbsp;&nbsp;&nbsp;
</span></font></span></font>TG, as always, will comply with all federal laws
and regulations.</p>

<p class=MsoNormal style='margin-left:.25in'><font size=3 color=black
face="sans serif"><span style='font-size:12.0pt'>&nbsp;</span></font></p>

<p class=MsoNormal><font size=3 color=black face="sans serif"><span
style='font-size:12.0pt'>For those who were hoping for our official written press
release on this today, I will just say that TG&#8217;s next board meeting is
April 8. </span></font></p>

<p class=MsoNormal><font size=3 color=black face="sans serif"><span
style='font-size:12.0pt'>The official written press release will be forthcoming
very soon after that.&nbsp; </span></font></p>

<p class=MsoNormal><font size=3 color=black face="sans serif"><span
style='font-size:12.0pt'>Although our CEO has polled the board individually,</span></font></p>

<p class=MsoNormal><font size=3 color=black face="sans serif"><span
style='font-size:12.0pt'>and expects no problems at all in obtaining board
approval, ultimately, it does require board approval.</span></font></p>

<p class=MsoNormal><font size=3 color=black face="sans serif"><span
style='font-size:12.0pt'>&nbsp;Just like in your Financial Aid Office on your
campus, you have to get the paperwork done.</span></font></p>

<p class=MsoNormal style='margin-left:.25in'><font size=3 color=black
face="sans serif"><span style='font-size:12.0pt'>&nbsp;</span></font></p>

<p class=MsoNormal><font size=3 color=black face="sans serif"><span
style='font-size:12.0pt'>&nbsp;</span></font></p>

<p class=MsoNormal><font size=3 color=black face="sans serif"><span
style='font-size:12.0pt'>&nbsp;</span></font></p>

<div>

<p class=MsoNormal><font size=3 color=red face=Arial><span style='font-size:
12.0pt;font-family:Arial;color:red'>Bill McFarland - TG</span></font></p>

<p class=MsoNormal><font size=2 color=blue face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:blue'>Senior Regional Account Executive</span></font></p>

<p class=MsoNormal><font size=2 color=blue face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:blue'>RMC - Relationship Management and
Consulting</span></font></p>

<p class=MsoNormal><font size=2 color=blue face=Arial><span style='font-size:
  10.0pt;font-family:Arial;color:blue'>P.O. Box</span></font><font size=2
 color=blue face=Arial><span style='font-size:10.0pt;font-family:Arial;
 color:blue'> 83100</span></font></p>

<p class=MsoNormal><font size=2 color=blue face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:blue'>Round </span></font><font size=2
  color=blue face=Arial><span style='font-size:10.0pt;font-family:Arial;
  color:blue'>Rock</span></font><font size=2 color=blue face=Arial><span
 style='font-size:10.0pt;font-family:Arial;color:blue'>, </span></font><font
  size=2 color=blue face=Arial><span style='font-size:10.0pt;font-family:Arial;
  color:blue'>Texas</span></font><font size=2 color=blue face=Arial><span
 style='font-size:10.0pt;font-family:Arial;color:blue'> </span></font><font
  size=2 color=blue face=Arial><span style='font-size:10.0pt;font-family:Arial;
  color:blue'>78683-3100</span></font><font size=2 color=blue face=Arial><span
style='font-size:10.0pt;font-family:Arial;color:blue'> </span></font></p>

<p class=MsoNormal><font size=2 color=red face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:red'>(800) 252-9743, ext 2505</span></font></p>

<p class=MsoNormal><font size=2 color=red face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:red'>(512) 751-7170 mobile</span></font></p>

<p class=MsoNormal><font size=2 color=red face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:red'>(918) 294-0910 fax</span></font></p>

<p class=MsoNormal><font size=2 color=black face=Arial><span style='font-size:
10.0pt;font-family:Arial'><a href="mailto:william.mcfarland@tgslc.org">william.mcfarland@tgslc.org</a></span></font></p>

<p class=MsoNormal><font size=2 color=black face=Arial><span style='font-size:
10.0pt;font-family:Arial'><a href="http://www.tgslc.org">www.tgslc.org</a></span></font></p>

<p class=MsoNormal><font size=3 color=black face="sans serif"><span
style='font-size:12.0pt'>&nbsp;</span></font></p>

<p class=MsoNormal><font size=3 color=black face="sans serif"><span
style='font-size:12.0pt'>&nbsp;</span></font></p>

<p class=MsoNormal><font size=3 color=black face="sans serif"><span
style='font-size:12.0pt'>&nbsp;</span></font></p>

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style='font-size:12.0pt'>&nbsp;</span></font></p>

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