Texas Guaranteed Student Loan Corporation is a public, nonprofit corporation, administering the federal family education loan program. Based in Round Rock, Texas, TG has been operational for more than 25 years. Founded by the Texas Legislature, the agency provides various loan programs through a public and private partnership with local banks and credit unions, and serves more than 60,000 borrowers, schools and lenders throughout the country. It also deals in review processes, application submissions, guarantying procedures, reinsuring, repayment solutions, background checks, monitoring of loan status, payment of claims, and compliance services. Additionally, TG provides online information about common records, distance education, federal consolidation loan guarantee system edits, electronic signatures, private student loans, buying guides, and conference presentations.