REMINDER/TG Honors UTPA for Successfully Reducing its Student Loan Default Rate.

Business Editors/Education Writers

REMINDER...for Monday (July 28)

--(BUSINESS WIRE)

WHAT:   Texas Guaranteed (TG) President and CEO Milt Wright will
        recognize and commend Dr. Miguel A. Nevarez and the University
        of Texas - Pan American for reducing its student loan default
        rate from 20.9 percent to 6.5 percent over the past 10 years.
        The default rate at UTPA is expected to drop even further in
        the cohort year 2002 to an all time low of 1.7 percent. In
        addition, Wright will present TG's recent publication "A Clear
        and Present Danger to Institutional and Student Success." This
        publication includes a case study prepared by UTPA showcasing
        the strategic enrollment management and default prevention
        measures taken to drastically reduce the default rate. This
        publication will be used as a training model by college and
        universities across the nation.

WHEN:   Monday, July 28, 2003
        1:30 p.m.

WHERE:  IT2 Building on The University of Texas - Pan American campus
        in Edinburg, Texas.

WHO:
     --  Dr. Miguel A. Nevarez, President, UT Pan American

     --  Mr. James Langabeer, Vice President for Business Affairs,
         UT Pan American; member, TG Board of Directors

     --  Ms. Michelle Alvarado, Director of Financial Aid, UT Pan
         American

     --  Mr. Milt Wright, President and CEO, TG

     --  Hon. Ruben E. Hinojosa, U.S. Representative (confirmed)

     --  Lenders

RSVP:   Please call or e-mail 956-381-2741 or [e-mail] if
        you plan to attend. A map of the campus is available at
        www.panam.edu

        An electronic press kit is available at
        http://www.tgslc.org/newsroom/news/2003/press030728.cfm.


NOTE TO EDITORS: In the term "IT2," the "2" is a superscript numeral.
It was changed for transmission purposes only.