As a result of legislative changes in the Federal student loan program and continued tightening of secondary markets, Southside Bank is withdrawing from participating in the Federal Family Education Loan Program (FFELP). We regret having to make this decision and want our customers to know it was not made lightly.

Effective July 2, 2008, Southside Bank will no longer accept new FFELP student loan applications. However, we will be available throughout this transition to assist borrowers with questions. Loans already guaranteed by Texas Guaranteed Student Loan Corporation and scheduled for future funding will be honored.