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Filing year 2023

SOUTH CAROLINA STUDENT LOAN CORP

Columbia, South Carolina·EIN 57-0602805·NTEE W600 · Public & Societal Benefit·501(c)(3)
Total revenue
$65M
Total assets
$941.3M
Total expenses
$47.6M
Reported officers
21
Mission

SCSLC AIDS IN THE FULFILLMENT OF THE DESIRE AND DIRECTION OF THE PEOPLE OF SOUTH CAROLINA IN MAKING LOANS AVAILABLE TO RESIDENTS TO ENABLE THEM TO ATTEND ELIGIBLE INSTITUTIONS WHICH ARE BEYOND THE PUBLIC-SCHOOL LEVEL. SCSLC IS ALSO EMPOWERED TO ACT AS AN AGENT FOR OTHER INSTITUTIONS AND FOUNDATIONS TO RECEIVE, INVEST, HANDLE AND DISBURSE FUNDS, AND TO SERVICE STUDENT LOANS, GUARANTEES OF STUDENT LOANS, INSURANCE OF STUDENT LOANS AND ACQUISITIONS OF CONTINGENT INTEREST IN STUDENT LOANS FOR OTHER PRIVATE, OR GOVERNMENTAL INSTITUTIONS AND FOUNDATIONS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 21 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Public & Societal Benefit organizations nationwide.

President & Ceo, Secretary
Above 90th percentile
$536k
$585k
Base
$392k
Bonus
$95k
Other
Benefits
$52k
CFO & COO
Above 90th percentile
$469k
$512k
Base
$287k
Bonus
$118k
Other
Benefits
$63k
Vice President of Finance
Board Vice President
Median to 75th percentile
$198k
$216k
Base
$140k
Bonus
$20k
Other
Benefits
$35k
VP of Loan Programs
Board Vice President
Median to 75th percentile
$194k
$212k
Base
$157k
Bonus
$21k
Other
Benefits
$19k
Vice President of Human Re
Board Vice President
Median to 75th percentile
$189k
$206k
Base
$148k
Bonus
$22k
Other
Benefits
$19k
Director of Business Intelligence
Highest Compensated Employee
25th percentile to median
$167k
$182k
Base
$110k
Bonus
$14k
Other
Benefits
$44k
Executive Director of Power:ed
Median to 75th percentile
$164k
$179k
Base
$127k
Bonus
$20k
Other
Benefits
$17k
VP of Operations
Board Vice President
25th percentile to median
$164k
$179k
Base
$131k
Bonus
$19k
Other
Benefits
$23k
Director of Risk Management
Highest Compensated Employee
10th to 25th percentile
$123k
$135k
It-operations Manager
Highest Compensated Employee
10th to 25th percentile
$122k
$133k
Vice Chair
Board Vice Chair
Median to 75th percentilevs all sectors nationwide
$30k
$33k
Chair
Board Chair
Median to 75th percentile
$30k
$33k
Treasurer
Officer (Unspecified)
$26k
$28k
Director
Board Member
Median to 75th percentile
$24k
$26k
Director
Board Member
Median to 75th percentile
$22k
$24k
Director
Board Member
25th percentile to median
$15k
$16k
Director
Board Member
25th percentile to median
$15k
$16k
Director
Board Member
25th percentile to median
$14k
$15k
Director
Board Member
25th percentile to median
$13k
$14k
Director
Board Member
25th percentile to median
$7k
$8k
Director
Board Member
10th to 25th percentile
$4k
$4k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Public & Societal Benefit

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at SOUTH CAROLINA STUDENT LOAN CORP equaled 1% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

This organization (2023)
1%
Sector median
10%
Middle half of sector
4% to 22%

Based on 2,608 public & societal benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

1
Helios Education Foundation2023
$708k
2
SOUTH CAROLINA STUDENT LOAN CORP2023
$536k
See full Executive Director compensation rankings across Public & Societal Benefit
FAQ

Common questions about SOUTH CAROLINA STUDENT LOAN CORP

What does the Chief Executive Officer of SOUTH CAROLINA STUDENT LOAN CORP earn?

In 2023, the Chief Executive Officer of SOUTH CAROLINA STUDENT LOAN CORP received $535,807 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Public & Societal Benefit organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at SOUTH CAROLINA STUDENT LOAN CORP compare with similar nonprofits?

Compared with the same role at Public & Societal Benefit organizations nationwide, the 2023 pay of the Chief Executive Officer at SOUTH CAROLINA STUDENT LOAN CORP falls in the top 10%. In 2023, the highest total compensation at SOUTH CAROLINA STUDENT LOAN CORP equaled 1% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

What are SOUTH CAROLINA STUDENT LOAN CORP's revenue and expenses?

In 2023, SOUTH CAROLINA STUDENT LOAN CORP reported $65M in total revenue and $47.6M in total expenses on its IRS Form 990.

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