South Carolina Student Loan Corporation – Overview & Their Loan Programs

August 27, 2011

South Carolina Student Loan Corporation

There are many aspiring students in the state of South Carolina that have the dream of attaining a degree at one of the many very accedited schools in the state, but the cost of it is often times overwhelming and downright discouraging, but don’t let these facts hinder you from going after and attaining your goal. The South Carolina Student Loan Corporation is there for all the South Carolina natives when it comes to getting the money they need to complete their college education. In the next section we will discect the South Carolina Student Loan Corporation in its entirety so you know the ins and outs of what they have to offer so you can make the descision if they are a good program to go with, or to try another.

South Carolina Student Loan Corporation

South Carolina Student Loan Corporation – Overview

The South Carolina Student Loan Corporation has the basic goal of providing you with funds needed when all of the other financial aid you have just isn’t enough. They were established in 1973 and are still the only non profit student loan lender in the state. South Carolina Student Loan Corporation offers many different benefits to its eligible applicants, to give you a feel for what benefits you will enjoy with them, here is a list:

  • You don’t have to pay a fee to apply
  • No federal default or origination fee
  • They also provide many ways of savings on your loan
  • Allowance saving benefits
  • Lenient repayment methods where you they will cater a payment plan that fits what you can meet financially

South Carolina Student Loan Corporation – Different Loans For Different Students

Here are all the different types of loan programs that you can take out, no matter what the level of schooling your are going to enter:

  • Stafford Loan Program – Loans with low interest that, the subsidized being a need based loan, and the unsusidized not based of needs and easier to qualify for
  • Parent Plus Loan Program – Enabling parents to take out loans for their students
  • Federal Graduate PLUS Student Loan – Dedicated for the graduate and professional degree seekers, that boasts a fixed interest rate and can borrow up to the cost of attendance.
  • Palmetto Assistance Loan – Interest fees as low as 1 percent, with the possiblility of having interest payments be tax deductable, discounts for signing up for automatic monthly deduction from your bank account.
  • South Carolina Teachers Loan – Offers many benefits that  cater to aspiring teachers
  • SC Program of Alternative Certification for Educators Program Loan also known as the PACE loan – Also there for aspiring teachers
  • Residency & Reloaction Loan – Are there for all of the 4th year medical students
  • Career Changers Loan – Also another option for teachers or those looking to switch to teaching as a profession
  • Law Practice Review and Exam Preperation Loan – Caters to Law students

South Carolina Student Loan Corporation – Other Services:

They also provide many of their clients with the chance to participate in student loan forgiveness programs where you will have to fufuill certain requirements to the likes of the South Carolina Student Loan Corporation.

If you obtain a loan from the South Carolina Student Loan Corporation, you can also choose to consolidate your loans with them as well as they offer this service. They are offered for people who have both federal and private loans and can provide an excellent way to save by providing lower monthly payments.

South Carolina Student Loan Corporation – Conclusion

Now that you know all the major details about the South Carolina Student Loan Corporation, you can see that they offer help in many facets of education help. At the end of the day South Carolina Student Loan Corporation is both accredited and has over 30 years of experience, making them an excellent lender to go with for your school loans.

Category: Student Loan Database

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