SOUTH CAROLINA STUDENT LOAN CORPORATION

As filed

Subsection

03

NTEE code

W600

Classification

2000

Street

1901 MAIN ST STE 400

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2023

• PROVIDE STUDENT LOANS TO ELIGIBLE BORROWERS FOR HIGHER EDUCATION AND SERVICE THE LOANS UNTIL PAID BY THE BORROWERS.

  Expenses $44,969,441 · Revenue $55,083,295

• POWER:ED, AN ARM OF THE CORPORATION ESTABLISHED TO ASSIST IN FULFILLING SOME OF THE CORPORATION'S PHILANTHROPIC INITIATIVES WITHIN ITS MISSION, PROVIDED APPROXIMATELY $1,250,000 IN GRANT AWARDS DURING THE FISCAL YEAR ENDED JUNE 30, 2024.

  Expenses $1,250,000 · Grants $1,250,000

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2023

As listed in Part VII of the 2023 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

• 2023

  Revenue

  $65,003,840

  Expenses

  $47,614,325

  Contributions

  $0

  Grants paid

  $1,250,000

• 2022

  Revenue

  $58,099,567

  Expenses

  $47,535,560

  Contributions

  $0

  Grants paid

  $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $39,287,118

  Expenses

  $34,807,348

  Assets (EOY)

  $1,286,789,803

• 2020 · 990

  Revenue

  $46,347,737

  Expenses

  $33,733,584

  Assets (EOY)

  $1,464,017,759

• 2019 · 990

  Revenue

  $59,459,269

  Expenses

  $53,444,713

  Assets (EOY)

  $1,467,625,940

• 2018 · 990

  Revenue

  $79,980,116

  Expenses

  $70,224,552

  Assets (EOY)

  $1,655,663,840

• 2017 · 990

  Revenue

  $76,103,826

  Expenses

  $65,453,475

  Assets (EOY)

  $1,901,845,733

• 2016 · 990

  Revenue

  $73,557,045

  Expenses

  $68,779,606

  Assets (EOY)

  $2,180,491,064

• 2015 · 990

  Revenue

  $120,903,785

  Expenses

  $76,463,958

  Assets (EOY)

  $2,456,563,686

• 2014 · 990

  Revenue

  $98,633,493

  Expenses

  $75,488,161

  Assets (EOY)

  $2,769,389,013

• 2013 · 990

  Revenue

  $101,443,785

  Expenses

  $79,745,074

  Assets (EOY)

  $2,784,777,618

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $106,722,452

  Assets (EOY)

  $3,069,867,841

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

• UNIVERSITY OF SOUTH CAROLINA EDUCATIONAL FOUNDATION

  $300,000

  2023 · CAROLINA TIP - SUPPORTING NOVICE TEACHERS IN HIGH RISK DISTRICTS

• COMMUNITIES IN SCHOOLS OF SC

  $90,000

  2023 · SUPPORT ENCOURAGING STUDENTS TO STAY IN SCHOOL

• JUNIOR ACHIEVEMENT OF GREATER SC

  $75,000

  2023 · FINANCIAL LITERACY AND CAREER PATHWAYS

• SOUTH CAROLINA INDEPENDENT COLLEGES AND UNIVERSITIES INC

  $75,000

  2023 · COMPLETION SCHOLARSHIPS AND HBCU UNDERGRADUATE RESEARCH GRANTS

• GREENVILLE LITERACY ASSOCIATION

  $53,000

  2023 · LITERACY PROGRAM SUPPORT

• CYPRESS ADVENTURES

  $50,000

  2023 · YOUTH LEADERSHIP, SOCIAL/EMOTIONAL LEARNING PROGRAM SUPPORT

• KIDS ON POINT

  $50,000

  2023 · ACADEMIC, ATHLETIC, AND ENRICHMENT PROGRAM SUPPORT

• SC GOVERNOR'S SCHOOL FOR SCIENCE & MATH FOUNDATION

  $50,000

  2023 · STEM AND ROBOTICS CAMPS AND COUNSELING FOR GUARDIANS/PARENTS

• DREAMS IMAGINATION & GIFT DEVELOPMENT

  $40,000

  2023 · STEM AFTERSCHOOL PROGRAM SUPPORT

• GREENVILLE CHAMBER FOUNDATION

  $40,000

  2023 · PROGRAM TO BOOST EDUCATION ATTAINMENT

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files