South Carolina Commission on Higher Education Committee Agenda June 2024
SC Student Loan Corporation Awarded Teacher Loan Administration Contract
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Description
The South Carolina Commission on Higher Education Committee approved the SC Student Loan Corporation's administrative contract for the SC Teacher Loan Program for FY2024-25 in the amount of $539,270. The budget reflects a slight administrative increase and notable reduction in servicing fees.
Contract Details
Contract Amount
$539,270
Vendor
SC STUDENT LOAN CORPORATION
Agency
South Carolina Commission on Higher Education, SC
Contract Type
FINANCIAL_SERVICES
Document Date
June 6, 2024
Contract Term
FY2024-25
Renewal Date
2025-06-30
Renewal Info
Annual contract; reviewed and approved each fiscal year by the committee and CHE. Previous years' contracts exist for prior fiscal years.
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