Public Charity

SOUTH CAROLINA STUDENT LOAN CORP

SOUTH CAROLINA STUDENT LOAN CORP, of COLUMBIA, SC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $58.4M in revenue, $41.9M in expenses, $892.3M in total assets. IRS filings disclose 45 grants awarded by this foundation, totaling roughly $2.5M.

EIN: 570602805 COLUMBIA, SC Financial Institutions NTEE: W60 Latest filing: 2025
Total Revenue$58.4M
Total Expenses$41.9M
Total Assets$892.3M
Grants Given45
Grant Total$2.5M
Filing Years2020–2025

Mission

SCSLC AIDS 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. SCSLC 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.

Where $100 goes at South Carolina Student Loan Corp

How South Carolina Student Loan Corp divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$97 Programs the work itself
$3 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $97 for programs

$94
Provide student loans to eligible borrowers for higher education and service the loans until paid by the borrowers
97% of program spending
$3
Power:ed, an arm of the corporation established to assist in fulfilling some of the corporation's philanthropic initiatives within its mission, provided approximately $1,392,000 in grant awards during the…
3% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Given

HELPING HANDS OF GEORGETOWN
GEORGETOWN, SC · 2024
YOUTH LEADERSHIP AND EDUCATION ATTAINMENT PROGRAM
$100,000
FRANCIS MARION UNIVERSITY EDUCATION FOUNDATION
FLORENCE, SC · 2024
AWARDS TO FRANCIS MARION UNIVERSITY STUDENTS TO ASSIST WITH FEES AND TUITION, AND TO PROFESSORS TO ASSIST IN RESEARCH AND TO RECOGNIZE SCHOLARSHIP
$100,000
COMMUNITY FOUNDATION OF THE LOWCOUNTRY FA FOR SC NURSE RETENTION INITIATIVE
HILTON HEAD ISLAND, SC · 2024
AFFORDABLE WORKFORCE HOUSING FUND
$100,000
COLUMBIA COLLEGE
COLUMBIA, SC · 2024
WOMEN'S DAY PROGRAM
$100,000
IMPACT JUSTICE
OAKLAND, SC · 2024
THE HOUSING LAB
$97,000

Showing up to 5 of 45 total records — full history available with membership.

Officers & Directors

DIRECTOR A Neill Cameron Jr
DIRECTOR Barbara F Weston
CFO & COO Bill Bochette
DIRECTOR Charlie C Sanders Jr
VICE PRESIDENT OF HUMAN RE Christine M Wojcik
EXECUTIVE DIRECTOR OF POWE Claire Ann Gibbons

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$1,171,500 20 grants
Youth Development
$601,000 13 grants
General Support
$270,000 4 grants
Housing & Homelessness
$197,000 2 grants
Health & Medicine
$80,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $58.4M $41.9M $892.3M
2024 $65.0M $47.6M $941.3M
2023 $58.1M $47.5M $1.0B
2021 $46.3M $33.7M $1.5B
2020 $59.5M $53.4M $1.5B

Between 2020 and 2025, reported annual revenue held roughly steady at around $58.4M, with total assets most recently reported at $892.3M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in AL, RI, SC.

ALRISC

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for SOUTH CAROLINA STUDENT LOAN CORP

Complete financials, all 45 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports
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