TG Awards $500,000 in Charley Wootan Grants to 60 Texas Schools.Education Editors AUSTIN, Texas--(BUSINESS WIRE)--Oct. 23, 2002 Sixty Texas colleges and universities have received Charley Charley elderly poodle that accompanied Steinbeck on trip across U.S. [Am. Lit.: John Steinbeck Travels with Charley in Weiss, 471] See : Dogs Wootan Grant funds from TG, the state's designated student loan guarantor guarantor n. a person or entity that agrees to be responsible for another's debt or performance under a contract, if the other fails to pay or perform. (See: guarantee) GUARANTOR, contracts. He who makes a guaranty. 2. . Nearly $500,000 has been allocated for the 2002-2003 academic year. The designated schools have received a check for $8,300 to be awarded to eligible students at the discretion of each school's financial aid office. The amount of the award is determined each year based on the typical student loan debt for Texas undergraduates. In 2001, the median borrower indebtedness INDEBTEDNESS. The state, of being in debt, without regard to the ability or inability of the party to pay the same. See 1 Story, Eq. 343; 2 Hill. Ab. 421. 2. for college students in Texas was $8,263. TG awards Charley Wootan Grants to the institutions whose students demonstrate a high level of need, relative to the median borrower indebtedness for Texas. Over the next four years, TG plans to award an additional $2 million to Texas higher education higher education Study beyond the level of secondary education. Institutions of higher education include not only colleges and universities but also professional schools in such fields as law, theology, medicine, business, music, and art. institutions based on the average unmet un·met adj. Not satisfied or fulfilled: unmet demands. need of their students. "For more than 20 years, TG has served as a premier source of information, financing and assistance to help students achieve their educational and career dreams," said Milt Wright, TG's president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "Although our role as an administrator for the Federal Family Education Loan Program The Federal Family Education Loan Program (FFELP) is a United States Department of Education program that provides for private organizations to market, originate, and service federally guaranteed loans, such as Stafford and PLUS loans to students and their parents. is significant in ensuring educational access for millions of students each year, it is especially rewarding to provide funds through the Charley Wootan Grant Program that can impact students' lives even more directly." The four-year institutions receiving funds for 2002-2003 include Baylor University Texas College College of St. Thomas Moore Texas Lutheran University East Texas Baptist University Texas Southern University Houston Baptist University Texas Wesleyan University Huston-Tillotson College University of Houston-Clear Lake Lamar State College-Beaumont University of Houston-Downtown Schreiner College University of the Incarnate Word Southern Methodist University University of Mary Hardin Baylor South Texas College of Law University of St. Thomas Southwestern Assemblies of God University of Texas-El Paso St. Edwards University University of Texas-Pan American St. Mary's University University of Texas-San Antonio Texas A&M International University of Texas-Tyler Texas A&M-Texarkana Wiley College Two-year institutions receiving funds for 2002-2003 include Amarillo College Northwest Vista College Angelina College Palo Alto College Central Texas College Panola College College of the Mainland Paris Junior College Grayson County College Ranger College Hill College San Antonio College Houston Community College San Jacinto College Kilgore College South Texas Community College Lamar State College-Orange St. Philip's College Laredo Community College Texarkana College Lon Morris College Texas State Technical College-Waco Midland College Texas State Technical College-Marshall North Central Texas College Texas State Technical College-Harlingen Northeast Texas Comm. College Victoria College Texas career colleges receiving funds for 2002-2003 include Court Reporting Institute of Dallas Education America-Houston Campus National Institute of Technology South Texas Vocational Technical Institute TG established the grant program in 2000 to provide assistance to students who have difficulties pursuing their higher education dreams because of financial need. In 2001, the TG board of directors voted to expand and rename Re`name´ v. t. 1. To give a new name to. Verb 1. rename - assign a new name to; "Many streets in the former East Germany were renamed in 1990" the program to honor As a verb, to accept a bill of exchange, or to pay a note, check, or accepted bill, at maturity. To pay or to accept and pay, or, where a credit so engages, to purchase or discount a draft complying with the terms of the draft. the memory of former TG board chairperson chairperson Chairman The head of an academic department. See 'Chair.', Cf Chief. Dr. Charley V. Wootan, in recognition of his generous contributions and service to the state of Texas and the nation. Dr. Wootan served on TG's board of directors for the six years prior to his death in March 2001. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Wright, Dr. Wootan strongly believed that everyone deserves the chance to get an education. "Charley's accomplishments, his lifetime contributions and his outstanding human character have had a profound impact on education and the lives of many students and their families," said Wright. "TG's Charley Wootan Grant Program is a fitting tribute, and we are pleased to be able to extend his legacy to directly impact the students of Texas." TG is a public, nonprofit corporation nonprofit corporation n. an organization incorporated under state laws and approved by both the state's Secretary of State and its taxing authority as operating for educational, charitable, social, religious, civic or humanitarian purposes. 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 FFELP Federal Family Education Loan Program ). 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/ . |
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