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Employer Identification Number 57-0602805

SOUTH CAROLINA STUDENT LOAN CORPORATION is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:SOUTH CAROLINA STUDENT LOAN CORPORATION
Employer identification number (EIN):57-0602805
EIN Issuing AuthorityBrookhaven, NY
NAIC Classification:522298
NAIC Description:All Other Nondepository Credit Intermediation
401k Pension/Benefits registration SOUTH CAROLINA STUDENT LOAN CORPORATION 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementTHE PURPOSE OF THE CORPORATION IS TO RECEIVE, DISBURSE AND ADMINISTER FUNDS FOR EDUCATIONAL PURPOSES WITHOUT PECUNIARY GAIN OR PROFIT. ADDITIONALLY, THE PURPOSE OF THE CORPORATION IS TO AID IN THE FULFILLMENT OF THE DESIRE AND DIRECTION OF THE PEOPLE OF SOUTH CAROLINA IN MAKING LOANS AVAILABLE TO RESIDENTS TO ENABLE THEM TO ATTEND ELIGIBLE INSTITUTIONS WHICH ARE BEYOND THE PUBLIC SCHOOL LEVEL. THE CORPORATION IS ALSO EMPOWERED TO ACT AS AN AGENT FOR OTHER INSTITUTIONS AND FOUNDATIONS TO RECEIVE, INVEST, HANDLE AND DISBURSE FUNDS, AND TO SERVICE STUDENT LOANS, GUARANTEES OF STUDENT LOANS, INSURANCE OF STUDENT LOANS AND ACQUISITIONS OF CONTINGENT INTEREST IN STUDENT LOANS FOR OTHER PRIVATE, OR GOVERNMENTAL INSTITUTIONS AND FOUNDATIONS. IN GENERAL, THE CORPORATION ENGAGES IN AND CARRIES ON THE FUNCTION OF MAKING, HANDLING, SERVICING, AND DEALING WITH STUDENT LOANS, THE RECEIVING, INVESTING AND DISBURSING OF FUNDS, AND ALL THINGS INCIDENT THERETO, PROVIDED THAT NO ACTIVITY SHALL BE
Number of Employees133
Number of Volunteers0
Year Formed1973

Organization Governance

Legal DomicileSC
Voting Members - Governing Body9
Voting Members - Independent8

Organization Financials

2023-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 35,455,281
Program Service Revenue from current yearUSD $ 53,247,199
Investment Income from prior yearUSD $ 3,831,837
Investment Income from current yearUSD $ 4,852,368
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 58,916,631
Net assets / fund balances at end of fiscal yearUSD $ 596,512,008
Net assets / fund balances at beginning of fiscal yearUSD $ 575,291,858
Total liabilities at end of fiscal yearUSD $ 452,251,381
Total liabilities at beginning of fiscal yearUSD $ 651,629,156
Total assets at end of fiscal yearUSD $ 1,048,763,389
Total assets at beginning of fiscal yearUSD $ 1,226,921,014
Revenues less expenses for current yearUSD $ 10,564,007
Revenues less expenses for previous yearUSD $ 4,479,770
Total expenses for current yearUSD $ 47,535,560
Total expenses for previous yearUSD $ 34,807,348
Other expenses in current yearUSD $ 43,556,761
Other expenses in previous yearUSD $ 31,099,003
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 3,978,799
Employee salary and benefits paid in previous yearUSD $ 3,708,345
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 58,099,567
Total revenue in previous fiscal yearUSD $ 39,287,118
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2022-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 37,467,172
Program Service Revenue from current yearUSD $ 35,455,281
Investment Income from prior yearUSD $ 8,880,565
Investment Income from current yearUSD $ 3,831,837
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 366,466,671
Net assets / fund balances at end of fiscal yearUSD $ 575,291,858
Net assets / fund balances at beginning of fiscal yearUSD $ 604,836,650
Total liabilities at end of fiscal yearUSD $ 711,497,945
Total liabilities at beginning of fiscal yearUSD $ 859,181,109
Total assets at end of fiscal yearUSD $ 1,286,789,803
Total assets at beginning of fiscal yearUSD $ 1,464,017,759
Revenues less expenses for current yearUSD $ 4,479,770
Revenues less expenses for previous yearUSD $ 12,614,153
Total expenses for current yearUSD $ 34,807,348
Total expenses for previous yearUSD $ 33,733,584
Other expenses in current yearUSD $ 31,099,003
Other expenses in previous yearUSD $ 31,064,530
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 3,708,345
Employee salary and benefits paid in previous yearUSD $ 2,669,054
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 39,287,118
Total revenue in previous fiscal yearUSD $ 46,347,737
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2021-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 56,261,817
Program Service Revenue from current yearUSD $ 37,467,172
Investment Income from prior yearUSD $ 3,197,452
Investment Income from current yearUSD $ 8,880,565
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 378,540,890
Net assets / fund balances at end of fiscal yearUSD $ 604,836,650
Net assets / fund balances at beginning of fiscal yearUSD $ 561,819,797
Total liabilities at end of fiscal yearUSD $ 859,181,109
Total liabilities at beginning of fiscal yearUSD $ 905,806,143
Total assets at end of fiscal yearUSD $ 1,464,017,759
Total assets at beginning of fiscal yearUSD $ 1,467,625,940
Revenues less expenses for current yearUSD $ 12,614,153
Revenues less expenses for previous yearUSD $ 6,014,556
Total expenses for current yearUSD $ 33,733,584
Total expenses for previous yearUSD $ 53,444,713
Other expenses in current yearUSD $ 31,064,530
Other expenses in previous yearUSD $ 49,227,772
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,669,054
Employee salary and benefits paid in previous yearUSD $ 4,216,941
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 46,347,737
Total revenue in previous fiscal yearUSD $ 59,459,269
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2020-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 73,768,587
Program Service Revenue from current yearUSD $ 56,261,817
Investment Income from prior yearUSD $ 6,211,529
Investment Income from current yearUSD $ 3,197,452
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 421,651,653
Net assets / fund balances at end of fiscal yearUSD $ 561,819,797
Net assets / fund balances at beginning of fiscal yearUSD $ 556,000,467
Total liabilities at end of fiscal yearUSD $ 905,806,143
Total liabilities at beginning of fiscal yearUSD $ 1,099,663,373
Total assets at end of fiscal yearUSD $ 1,467,625,940
Total assets at beginning of fiscal yearUSD $ 1,655,663,840
Revenues less expenses for current yearUSD $ 6,014,556
Revenues less expenses for previous yearUSD $ 9,755,564
Total expenses for current yearUSD $ 53,444,713
Total expenses for previous yearUSD $ 70,224,552
Other expenses in current yearUSD $ 49,227,772
Other expenses in previous yearUSD $ 66,172,600
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 4,216,941
Employee salary and benefits paid in previous yearUSD $ 4,051,952
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 59,459,269
Total revenue in previous fiscal yearUSD $ 79,980,116
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2019-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 71,865,580
Program Service Revenue from current yearUSD $ 73,768,587
Investment Income from prior yearUSD $ 4,238,246
Investment Income from current yearUSD $ 6,211,529
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 561,696,195
Net assets / fund balances at end of fiscal yearUSD $ 556,000,467
Net assets / fund balances at beginning of fiscal yearUSD $ 545,648,802
Total liabilities at end of fiscal yearUSD $ 1,099,663,373
Total liabilities at beginning of fiscal yearUSD $ 1,356,196,931
Total assets at end of fiscal yearUSD $ 1,655,663,840
Total assets at beginning of fiscal yearUSD $ 1,901,845,733
Revenues less expenses for current yearUSD $ 9,755,564
Revenues less expenses for previous yearUSD $ 10,650,351
Total expenses for current yearUSD $ 70,224,552
Total expenses for previous yearUSD $ 65,453,475
Other expenses in current yearUSD $ 66,172,600
Other expenses in previous yearUSD $ 63,351,512
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 4,051,952
Employee salary and benefits paid in previous yearUSD $ 2,101,963
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 79,980,116
Total revenue in previous fiscal yearUSD $ 76,103,826
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2018-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 71,161,423
Program Service Revenue from current yearUSD $ 71,865,580
Investment Income from prior yearUSD $ 2,395,622
Investment Income from current yearUSD $ 4,238,246
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 101,048,251
Net assets / fund balances at end of fiscal yearUSD $ 545,648,802
Net assets / fund balances at beginning of fiscal yearUSD $ 534,484,319
Total liabilities at end of fiscal yearUSD $ 1,356,196,931
Total liabilities at beginning of fiscal yearUSD $ 1,646,006,745
Total assets at end of fiscal yearUSD $ 1,901,845,733
Total assets at beginning of fiscal yearUSD $ 2,180,491,064
Revenues less expenses for current yearUSD $ 10,650,351
Revenues less expenses for previous yearUSD $ 4,777,439
Total expenses for current yearUSD $ 65,453,475
Total expenses for previous yearUSD $ 68,779,606
Other expenses in current yearUSD $ 63,351,512
Other expenses in previous yearUSD $ 66,358,567
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,101,963
Employee salary and benefits paid in previous yearUSD $ 2,421,039
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 76,103,826
Total revenue in previous fiscal yearUSD $ 73,557,045
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2017-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 119,365,382
Program Service Revenue from current yearUSD $ 71,161,423
Investment Income from prior yearUSD $ 1,748,403
Investment Income from current yearUSD $ 2,395,622
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 155,728,465
Net assets / fund balances at end of fiscal yearUSD $ 534,484,319
Net assets / fund balances at beginning of fiscal yearUSD $ 582,881,964
Total liabilities at end of fiscal yearUSD $ 1,646,006,745
Total liabilities at beginning of fiscal yearUSD $ 1,873,681,722
Total assets at end of fiscal yearUSD $ 2,180,491,064
Total assets at beginning of fiscal yearUSD $ 2,456,563,686
Revenues less expenses for current yearUSD $ 4,777,439
Revenues less expenses for previous yearUSD $ 44,180,402
Total expenses for current yearUSD $ 68,779,606
Total expenses for previous yearUSD $ 76,933,383
Other expenses in current yearUSD $ 66,358,567
Other expenses in previous yearUSD $ 66,678,605
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,421,039
Employee salary and benefits paid in previous yearUSD $ 10,254,778
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 73,557,045
Total revenue in previous fiscal yearUSD $ 121,113,785
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2016-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 95,927,639
Program Service Revenue from current yearUSD $ 119,155,382
Investment Income from prior yearUSD $ 2,705,854
Investment Income from current yearUSD $ 1,748,403
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 191,697,725
Net assets / fund balances at end of fiscal yearUSD $ 582,881,964
Net assets / fund balances at beginning of fiscal yearUSD $ 539,162,301
Total liabilities at end of fiscal yearUSD $ 1,873,681,722
Total liabilities at beginning of fiscal yearUSD $ 2,230,226,712
Total assets at end of fiscal yearUSD $ 2,456,563,686
Total assets at beginning of fiscal yearUSD $ 2,769,389,013
Revenues less expenses for current yearUSD $ 44,439,827
Revenues less expenses for previous yearUSD $ 23,145,332
Total expenses for current yearUSD $ 76,463,958
Total expenses for previous yearUSD $ 75,488,161
Other expenses in current yearUSD $ 66,613,982
Other expenses in previous yearUSD $ 64,985,158
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 9,849,976
Employee salary and benefits paid in previous yearUSD $ 10,503,003
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 120,903,785
Total revenue in previous fiscal yearUSD $ 98,633,493
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2015-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 100,719,275
Program Service Revenue from current yearUSD $ 95,927,639
Investment Income from prior yearUSD $ 697,546
Investment Income from current yearUSD $ 2,705,854
Other Revenue from prior yearUSD $ 26,964
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 124,162,105
Net assets / fund balances at end of fiscal yearUSD $ 539,162,301
Net assets / fund balances at beginning of fiscal yearUSD $ 517,401,318
Total liabilities at end of fiscal yearUSD $ 2,230,226,712
Total liabilities at beginning of fiscal yearUSD $ 2,267,376,300
Total assets at end of fiscal yearUSD $ 2,769,389,013
Total assets at beginning of fiscal yearUSD $ 2,784,777,618
Revenues less expenses for current yearUSD $ 23,145,332
Revenues less expenses for previous yearUSD $ 21,698,711
Total expenses for current yearUSD $ 75,488,161
Total expenses for previous yearUSD $ 79,745,074
Other expenses in current yearUSD $ 64,985,158
Other expenses in previous yearUSD $ 68,261,436
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 10,503,003
Employee salary and benefits paid in previous yearUSD $ 11,133,638
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 350,000
Total revenue in current fiscal yearUSD $ 98,633,493
Total revenue in previous fiscal yearUSD $ 101,443,785
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0

Other Company Names associated with EIN

SOUTH CAROLINA STUDENT LOAN CORP

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 570602805

USA Mailing Address
8906 TWO NOTCH ROAD
COLUMBIA
SC
292236366
Date first seen: 2013-04-08
Date last seen: 2019-03-20
USA Mailing Address
PO BOX 102405
COLUMBIA
SC
29224
Date first seen: 2009-07-01
Date last seen: 2024-06-30
USA Mailing Address
P.O. BOX 21487
COLUMBIA
SC
292211487
Date first seen: 2011-04-12
Date last seen: 2011-10-03
USA Location Address
16 BERRYHILL ROAD, STE 210
COLUMBIA
SC
29210
Date first seen: 2007-01-01
Date last seen: 2024-07-31
USA Location Address
16 BERRYHILL ROAD, SUITE 210
COLUMBIA
SC
292211487
Date first seen: 2011-04-12
Date last seen: 2011-10-03
USA Location Address
8906 TWO NOTCH ROAD
COLUMBIA
SC
29223
Date first seen: 2007-01-01
Date last seen: 2024-06-30
USA Location Address
PO BOX 102405
COLUMBIA
SC
29224
Date first seen: 2009-07-01
Date last seen: 2024-06-30
USA Mailing Address
PO BOX 21487
COLUMBIA
SC
29221
Date first seen: 2009-01-01
Date last seen: 2024-02-29
USA Location Address
PO BOX 21487
COLUMBIA
SC
29221
Date first seen: 2009-01-01
Date last seen: 2024-02-29
USA Location Address
1901 MAIN STREET, SUITE 400
COLUMBIA
SC
29201
Date first seen: 2007-01-01
Date last seen: 2024-09-30

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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