FINANCIAL_SERVICESRECOMMENDED

Teacher Loan Program Administration Budget Recommended for Approval

The Committee recommended approval of the FY2024-25 administrative operating budget for the SC Teachers Loan Program to be managed by South Carolina Student Loan Corporation, totaling $539,270. This includes administrative costs and servicing fees adjustment.

Status
RECOMMENDED
Document date
June 6, 2024
Contract type
FINANCIAL_SERVICES
Vendor
South Carolina Student Loan Corporation
Agency
South Carolina Commission on Higher Education · SC

Trusted by teams at

Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$539,270
Contract type
FINANCIAL_SERVICES
Contract term
FY2024-25
Renewal date
2025-06-30
Renewal
Annual contract, subject to annual budget approval. Contains 3% increase in administrative expenses and 26% decrease in third-party servicing fees for FY2024-25.
Document type
Agenda
Source document
South Carolina Commission on Higher Education Committee Agenda June 2024

Related contracts

Other contracts from South Carolina Student Loan Corporation.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by South Carolina Commission on Higher Education?

South Carolina Student Loan Corporation was awarded this financial services contract by South Carolina Commission on Higher Education, as recorded on June 6, 2024. The contract value is $539,270.

How much is the South Carolina Student Loan Corporation contract with South Carolina Commission on Higher Education worth?

The South Carolina Student Loan Corporation contract with South Carolina Commission on Higher Education is valued at $539,270, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in South Carolina Commission on Higher Education Committee Agenda June 2024 (Agenda), dated June 6, 2024 from South Carolina Commission on Higher Education. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does South Carolina Student Loan Corporation hold?

South Carolina Student Loan Corporation may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View South Carolina Student Loan Corporation's profile

What is South Carolina Commission on Higher Education currently buying?

Explore South Carolina Commission on Higher Education's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View South Carolina Commission on Higher Education's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free