Recommendation to Approve FY2024-25 Teachers Loan Admin Budget
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Description
The South Carolina Commission on Higher Education staff has recommended approval of South Carolina Student Loan Corporation's FY2024-25 administrative budget for the SC Teachers Loan Program in the amount of $539,270, to cover both internal administrative and third-party servicing fees for the year.
Contract Details
Contract Amount
$539,270
Vendor
SOUTH CAROLINA STUDENT LOAN CORPORATION
Agency
South Carolina Commission on Higher Education, SC
Contract Type
FINANCIAL_SERVICES
Document Date
May 15, 2024
Contract Term
FY2024-2025
Renewal Date
2025-06-30
Renewal Info
Annual recurring budget, subject to annual review and General Assembly approval.
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