South Carolina Student Loan Corp
An individual recipient Student Loan Corp is a public charity based in Columbia, an individual recipient Formed in 1973, it provides education loans and loan services, and its philanthropic arm, Power:Ed, makes grants to an individual recipient organizations working on education access and related initiatives.
South Carolina Student Loan Corp at a glance
In short: South Carolina Student Loan Corp gave $1.2M across 21 grants in 2025 (avg $58K), mostly in South Carolina. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $1,224,500
- -2.0% vs 2024
- Grants made (2025)
- 21
- -12.5% vs 2024
- Average grant
- $58,310
- +12.0% vs 2024
- Median grant
- $50,000
- Total assets
- $892,319,887
- -5.2% vs 2024
- Primary geography
- South Carolina (89% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated October 2026.
How to apply to South Carolina Student Loan Corp
- Contact
Mailing address: PO Box 8509, Columbia, SC 29202
Phone: (803) 798-0916
Website: https://scstudentloan.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
3 open opportunities from South Carolina Student Loan Corp
BOLD™ Nursing Faculty Program - Current Faculty Refinancing
South Carolina Student Loan Corp
Amount
Up to $90,000
Deadline
Deadline not published
BOLD™ Nursing Faculty Program - Graduate Student In-School Loans
South Carolina Student Loan Corp
Amount
Up to $90,000 aggregate ($30,000 per academic year maximum)
Deadline
Deadline not published
Power: Ed Grant
South Carolina Student Loan Corp
Amount
US $25,000 - US $100,000
Deadline
Deadline not published
Who South Carolina Student Loan Corp funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Columbia College ($100K). Together the top 10 received $792K.
Organizations only. It also paid 2 individual scholarships ($150,000), which are not listed by name.
Grant Size Distribution
45 grants across all recorded years
The most common grant size was under $50K: 23 grants of 45 (51%).
Geographic Focus
Where this funder awards grants
The organization’s website says its lending serves an individual recipient students and parents, as well as out-of-state students attending an individual recipient schools. For 2025 grant dollars, 89% went to an individual recipient recipients, 7% to Alabama recipients, and 4% to Rhode Island recipients.
Grant Distribution by State
Share of 2025 grant dollars across all 21 itemized grants.
Cities
How South Carolina Student Loan Corp gives
- 20% of 2025 grantees were also funded in 2024. Method
Estimate from itemized grant lists in IRS Form 990 filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2024 to 2025, annual grant giving ranged from $1.2M (2025) to $1.3M (2024). In 2025 it made 21 grants totaling $1.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Columbia College Columbia, SC | Women's Day Program | $100,000 |
| Community Foundation of the Lowcountry Fa for SC Nurse Retention Initiative Hilton Head Island, SC | Affordable Workforce Housing Fund | $100,000 |
| 2 individual scholarships Recipients not named | — | $150,000 |
| Helping Hands of Georgetown Georgetown, SC | Youth Leadership and Education Attainment Program | $100,000 |
| Impact Justice Oakland, SC | The Housing Lab | $97,000 |
| A Father's Place Conway, SC | Financial Stewardship Workshops Parenting Education | $95,000 |
| Sight Savers America Pelham, AL | Children's Eye Care Program | $80,000 |
| Cypress Adventures Inc Hartsville, SC | Youth Leadership, Social/Emotional Learning Program Support | $59,000 |
| Trent Hill Center for Children & Families Hartsville, SC | Independent living program for youth ages 18-21 who have aged out of foster care or are homeless | $59,000 |
| Anmed Foundation Anderson, SC | Financial assistance to patients discharged from the hospital without ability to pay for needed medications | $52,000 |
Ready to take the next step with South Carolina Student Loan Corp?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $892,319,887 | $58,364,992 | $41,883,579 | $1,224,500 | 21 | $12,706,437 |
| 2024 | $941,337,493 | $65,003,840 | $47,614,325 | $1,250,000 | 24 | $9,920,545 |
| 2023 | $1,048,763,389 | $58,099,567 | $47,535,560 | — | — | $4,852,368 |
| 2022 | $1,286,789,803 | $39,287,118 | $34,807,348 | — | — | $3,831,837 |
| 2021 | $1,464,017,759 | $46,347,737 | $33,733,584 | — | — | $8,880,565 |
| 2020 | $1,467,625,940 | $59,459,269 | $53,444,713 | — | — | $3,197,452 |
| 2019 | $1,655,663,840 | $79,980,116 | $70,224,552 | — | — | $6,211,529 |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The organization’s 2024 filing states that its mission is to make loans available to an individual recipient residents so they can attend eligible postsecondary institutions. It also describes its student-loan program as providing loans to eligible borrowers and servicing them until repayment.
The organization’s website states that Power:Ed awards grants to an individual recipient organizations preparing the next generation of talent. Its 2025 grants included support for education and student fees and tuition, youth leadership and education attainment, workforce housing, health care, and youth services.
Grantees describe their missions in varied ways. Francis Marion University Education Foundation says it promotes the university’s educational function through grants, awards, lectures, and fee and tuition assistance for students and professors. Columbia College says it provides educational opportunities that develop critical thought, lifelong learning, personal responsibility, service, and social justice. Community Foundation of the Lowcountry describes its mission as strengthening community by connecting people, resources, and needs. Helping Hands of Georgetown says it helps county residents experiencing poverty and crisis. A Father’s Place says it works to inspire responsible fatherhood so children, families, and communities can thrive. Cypress Adventures describes itself as a youth advocacy organization providing leadership and life-skill development through group activities and outdoor adventures. Trent Hill Center for Children & Families says it houses children affected by abuse, neglect, abandonment, or homelessness and offers counseling to children and families. Sight Savers of America says it identifies and secures treatment for unmet vision and health needs that impede people’s potential at school and in life.
Grantmaking
In filing year 2025, the corporation reported 21 grants totaling $1,224,500. Grants ranged from $7,500 to $100,000, with a median of $50,000. The 2024 filing separately states that Power:Ed provided approximately $1,392,000 in grant awards during the fiscal year ended June 30, 2025.
Among the largest reported 2025 grants were $100,000 each to Columbia College for its Women’s Day Program; Community Foundation of the Lowcountry’s fund for the SC Nurse Retention Initiative, for an affordable workforce housing fund; Francis Marion University Education Foundation for student fees and tuition assistance and faculty research and scholarship recognition; and Helping Hands of Georgetown for a youth leadership and education attainment program. Other notable awards included $97,000 to Impact Justice for The Housing Lab, $95,000 to A Father’s Place for financial stewardship workshops and parenting education, and $80,000 to Sight Savers America for a children’s eye care program.
The 2024 filing says grantees sign a letter of agreement to use funds as described in their applications and report progress and outcomes on an agreed schedule, including a final report after spending the grant. It describes Power:Ed’s approach as trust-based philanthropy.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists David A. Simon III as president and CEO and secretary. It lists James Thornton Kirby as chair and the following directors: Willie Jeffries, Gautam S. Ghatnekar, Charlie C. Sanders Jr., Barbara F. Weston, Renee R. Brooks, Neil E. Grayson, A. Neill Cameron Jr., and Octavia Williams-Blake.
South Carolina Student Loan Corp is led by David A. Simon III, President, CEO & Secretary since 2023 (on filings since 2019); all 21 officers listed in 2025 are compensated.
Officers on the 2025 filing
David A. Simon III
President, CEO & Secretary
President & CEO → President, CEO & Secretary, 2023
On filings since 2019
35 hrs/week
$372K (2019) → $487K (2025)
Claire Ann Gibbons
Executive Director of Powe
Executive Director of Power:ed → Executive Director of Powe, 2025
On filings since 2024
40 hrs/week
$147K (2024) → $153K (2025)
James Thornton Kirby
Chair
On filings since 2023
1 hr/week
$31K (2023) → $30K (2025)
A. Neill Cameron Jr.
Director
Director → Co-Vice Chair, 2021
Co-Vice Chair → Director, 2023
On filings since 2019
1 hr/week
$11K (2019) → $15K (2025)
Barbara F. Weston
Director
On filings since 2019
1 hr/week
$12K (2019) → $16K (2025)
Charlie C. Sanders Jr.
Director
Director, President & CEO → Director, 2020
On filings since 2019
1 hr/week
$505K (2019) → $13K (2025)
Gautam S. Ghatnekar Dvm Ph D.
Director
On filings since 2019
1 hr/week
$14K (2019) → $21K (2025)
Neil E. Grayson
Director
Co-Vice Chair → Director, 2023
On filings since 2019
1 hr/week
$19K (2019) → $23K (2025)
Renee R. Brooks
Director
Chair → Director, 2021
On filings since 2019
1 hr/week
$28K (2019) → $7K (2025)
Joseph Buzhardt
Director of Business Intel
Director of Business Intelligence → Director of Business Intel, 2025
On filings since 2021
35 hrs/week
$106K (2021) → $145K (2025)
Willie Jeffries
Director
On filings since 2021
1 hr/week
$8K (2021) → $16K (2025)
Ericka Green
Director of Risk Managemen
Director of Risk Management → Director of Risk Managemen, 2025
On filings since 2024
35 hrs/week
$110K (2024) → $133K (2025)
Octavia Williams-Blake
Director
On filings since 2024
1 hr/week
$4K (2024) → $7K (2025)
Destra Capers
Director of Marketing & Outreach
New on the 2025 filing
35 hrs/week
$123K (2025)
Fred L. Green III
Treasurer
On filings since 2019
1 hr/week
$24K (2019) → $24K (2025)
Jason Caskey
Vice Chair
Director → Vice Chair, 2023
On filings since 2019
1 hr/week
$7K (2019) → $28K (2025)
Bill Bochette
CFO & COO
On filings since 2020
40 hrs/week
$187K (2021) → $403K (2025)
Ralph Jones
Vice President of Loan Programs
On filings since 2020
35 hrs/week
$120K (2020) → $191K (2025)
Christine M. Wojcik
Vice President of Human Re
Vice President of Human Resources → Vice President of Human Re, 2024
On filings since 2023
35 hrs/week
$137K (2023) → $159K (2025)
Melanie Brooke Thomas
Vice President of Finance
On filings since 2023
35 hrs/week
$144K (2023) → $191K (2025)
Weston Faircloth
It-Operations Manager
On filings since 2024
35 hrs/week
$109K (2024) → $115K (2025)
Former officers (11)
- Former: Marsha King (2019–2024) — Vice President of Operations
- Former: J. Thornton Kirby Esq. (2019–2022) — Chair
- Former: Jennifer Ridenhour (2019–2022) — Secretary
- Former: Michael Fox (2021–2022) — Director of Outreach
- Former: Gary Geddens (2022) — Loan Specialitst
- Former: Melanie Martin (2022) — Business Intelligence Analyst
- Former: Harry R. Brown (2019–2021) — Director · Filing note: Thru 6302020
- Former: Jane Honeycutt (2019–2021) — Vice President of Financial Services · Filing note: Thru 8142020
- Former: Mike Fox (2020) — Director of Outreach
- Former: Sara Fisher (2020) — Director of Power:ed
- Former: David Carwile (2019) — Former Executive Vice President & Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $487K, to David a Simon III (President & CEO, Secretary). 21 officers or directors reported compensation on that filing.
Frequently asked questions about South Carolina Student Loan Corp
How much does South Carolina Student Loan Corp give each year?
South Carolina Student Loan Corp gave $1.2M across 21 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $1.3M across 24 grants.
What is South Carolina Student Loan Corp's typical grant size?
South Carolina Student Loan Corp's median grant in 2025 was $50,000, and its average grant was $58,310, across 21 grants on its 2025 IRS Form 990.
Where does South Carolina Student Loan Corp give grants?
South Carolina Student Loan Corp gives mostly in South Carolina: 89% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest state was Alabama (7%). The most frequent recipient cities were Columbia, SC (5 grants), Georgetown, SC (2 grants) and Hartsville, SC (2 grants).
Does South Carolina Student Loan Corp give general operating support?
Not in 2025: none of the 21 grants with a stated purpose on South Carolina Student Loan Corp's 2025 IRS Form 990 were described as general or operating support.
Who are South Carolina Student Loan Corp's largest grantees?
South Carolina Student Loan Corp's largest 2025 grantees include Columbia College ($100,000), Community Foundation of the Lowcountry Fa for SC Nurse Retention Initiative ($100,000) and Helping Hands of Georgetown ($100,000), according to its 2025 IRS Form 990. It also paid 2 individual scholarships ($150,000), which are not listed by name. Together they received 24% of its itemized 2025 grant dollars.
How large is South Carolina Student Loan Corp?
South Carolina Student Loan Corp reported $892.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $58.4M.
What does South Carolina Student Loan Corp fund?
The organization’s 2024 filing states that its mission is to make loans available to an individual recipient residents so they can attend eligible postsecondary institutions. It also describes its student-loan program as providing loans to eligible borrowers and servicing them until repayment. See mission & focus areas ↑
How do I apply for a grant from South Carolina Student Loan Corp?
South Carolina Student Loan Corp has no public application process in the sources Grantable reviewed. Check scstudentloan.org for current guidelines, or contact the foundation directly before submitting a request.
What is South Carolina Student Loan Corp's EIN?
South Carolina Student Loan Corp's EIN (Employer Identification Number) is 57-0602805. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2024 (received by the IRS November 13, 2024)
- Added Form 990 for fiscal year 2025 (received by the IRS May 12, 2026)
- Added Form 990 for fiscal year 2019 (received by the IRS February 19, 2020)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work South Carolina Student Loan Corp funds
Public, Societal Benefit Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in South Carolina Student Loan Corp's focus areas in our free grants database
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Funders that support many of the same organizations
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Sisters of Charity Foundation of South Carolina
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United Way of Greenville County Incorporated
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Assets
$25.6M
Grants
93
Total Given
$4.5M
More similar funders
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Cite this profile
Grantable. (2026). South Carolina Student Loan Corp funder profile. GrantGraph. Retrieved October 22, 2026, from https://grantable.co/funders/south-carolina-student-loan-corp-morg_96e7523d47f24af79ba58e5ae9bbb96d
BibTeX
@misc{grantable_570602805_2026,
author = {{Grantable}},
title = {{South Carolina Student Loan Corp funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/south-carolina-student-loan-corp-morg_96e7523d47f24af79ba58e5ae9bbb96d},
note = {Accessed 2026-10-22. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from South Carolina Student Loan Corp's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
South Carolina Student Loan Corp down — hundreds of funders to go?