Texas Guaranteed Student Loan Corporation
Home - Trellis Company
742094204
1979
Round Rock, TX 78683 United States
trelliscompany.org
Trellis_Company
1298213
Texas Guaranteed Student Loan Corporation
The Texas Guaranteed Student Loan Corporation (TG) was a public nonprofit corporation established by the Texas Legislature in 1979 under Chapter 57 of the Education Code[4]. It was created to administer the Federal Family Education Loan Program (FFELP) in Texas, which aimed to encourage private lenders to provide loans to students for postsecondary education[1]. However, TG itself did not originate loans but rather guaranteed them on behalf of the federal government.
Functions
The primary functions of TG included:
- Loan Guarantee Operations: TG guaranteed loans made by private lenders, ensuring repayment to lenders in case of borrower default[1].
- Default Prevention: TG provided educational resources and assistance to help borrowers manage their debt and avoid delinquency[1].
- Claim Payments: TG reimbursed lenders for unpaid loans due to reasons such as bankruptcy, disability, death, or default[1].
- Collections: TG was responsible for collecting payments from borrowers who had defaulted on their loans[1].
- Regulatory Compliance: TG ensured that participating schools and lenders complied with federal regulations[1].
Transition to Trellis Company
By 2017, TG had rebranded itself as Trellis Company, shifting its focus towards broader customer service outsourcing, financial coaching, and helping student borrowers navigate loan repayment[2]. This name change reflected an expansion in services to support more government agencies and the private sector, though it maintained its commitment to supporting borrowers with existing TG loans[2].
Legacy and Current Status
Today, the original Texas Guaranteed Student Loan Corporation as a public entity is inactive, having transitioned into a newer form under Trellis Company[5]. Despite this, its legacy continues as a nonprofit corporation focused on enhancing economic mobility through educational initiatives and financial support[3].
[1] https://www.sunset.texas.gov/public/uploads/files/reports/Guaranteed%20Student%20Loan%20Corp%20RTL%202005%2079th%20Leg.pdf [2] https://www.trelliscompany.org/tg-texas-guaranteed-becomes-trellis-company/ [3] https://fconline.foundationcenter.org/fdo-grantmaker-profile/?collection=grantmakers&activity=result&key=TEXA355 [4] https://www.oag.state.tx.us/sites/default/files/opinion-files/opinion/1981/mw0295.pdf [5] https://www.sunset.texas.gov/reviews-and-reports/agencies/texas-guaranteed-student-loan-corporation
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About the organization
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WE GO BEYOND RELATIONSHIPSTO PARTNERSHIPS Trellis assists institutions with custom solutions to understand enrollment management student success and the student experience to fulfill their institutional mission. STUDENT SUCCESS SUPPORT We offer student communication services strategic institutional planning and faculty and staff training. RESEARCH We identify issues that inhibit successful outcomes on both a student and institutional level. INSTITUTIONAL CONSULTING We use a personalized approach to boost student enrollment retention and graduation rates.
