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South Carolina Student Loan – Loans Offered & Other Services

August 31, 2011

South Carolina Student Loan

There are many South Carolina Student Loan options that one can choose from, all of which has assisted many individuals financially that helped them have enough money to be able to afford to complete their education. If you are not familiar with the South Carolina Student Loan, they are offered by an organization called South Carolina Student Loan Corporation who is the only non profit loan lender in the state of SC, and being a non profit organization, you know they are there to help instead of just make a profit off you. There are many South Carolina Student Loan options, both federal and private, that you can choose from which are discussed below.

South Carolina Student Loan

South Carolina Student Loan Options

Since 1973 their mission has been to “to assist people like you in achieving the dream of a college education”. Being that they provide both federal and private loans, they can be your one stop shop if federal loans don’t offer you enough money, or vis versa with private loans. Here are the loan options they offer:

  1. Federal PLUS Loans – Includes both Graduate PLUS and Parent PLUS
  2. Stafford Loans – This South Carolina Student Loan choice offers both subsidized and unsubsidized loans)
  3. Palmetto Assistance Loan
  4. SC Career Changers Loan
  5. Residency and Relocation Loan
  6. Law Practice Review & Examination Preperation Loan (PREP)
  7. South Carolina Teachers Loan
  8. Alternatvie Certification of Educators Program Loan (PACE)
  9. Private Loans – These are offered with multiple different lenders

As you can tell South Carolina Student Loan options range from all different needs as can assist pretty much anyone looking for a student loan. The best part about taking out a South Carolina Student Loan is that; there is no application fee, no fee for the activation of the loan (no origination fee), flexible repayment plans as well as they give you the chance to save money through many of their money saving benefits, like if you decide to have your loan payments atuomatically deducted from your account, this will save you .25 percent off your interest each month.

South Carolina Student Loan – Other Services

Now that you are more familiar with what South Carolina Student Loan Corporation has to offer in the form of all their loans and the benefits that they offer, they also offer more services on top of these great loans and benefits. Here are their other services:

  1. Scholarships & Grant information and where you can get it through corporations in South Carolina.
  2. Student Loan Consolidation – If you take out a multiple South Carolina Student Loans, you won’t have to look for a consolidator as they can consolidate your loans for you, making them a resource for both loans and consolidation.
  3. 24/7 online access to your account.
  4. Both college and career planning assistance that can be just the student alone or with their parents as well.
  5. Teacher loan forgiveness on federal Stafford Loans.
  6. Entrance & Exit Loan counseling which educations you on your responsibilities and rights when it comes to your South Carolina Student Loan or loans.

If you like the benefits above and want South Carolina Student Loan Corporation to assist you in getting funding for college, you can visit their site at http://www.scstudentloan.org for more information.

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.