About Us
Designated by the State of South Carolina, South Carolina Student Loan (SCSL) is the only statewide non-profit education lender. We are dedicated to making higher education possible. Every loan we have made since our inception in 1973 has been made for one purpose -- to assist people like you in achieving the dream of a college education.
Lender Code: 833128
Guarantor Code: 745
SCSL is conveniently located near both I-26 and I-20 in the William M. Mackie, Jr. Interstate Center at 16 Berryhill Road, Suite 210, in the St. Andrews area of Columbia, South Carolina. Get Map
We offer several federal loan programs, including Stafford Loans for students, Parent PLUS Loans, Graduate PLUS Loans for graduate and professional students, and Consolidation Loans to combine all of your federal loans into one loan. We also are the only source for loans under the SC Teachers Loan Program.
We also offer private loans for students or parents who need additional loan funds. These loans include the Palmetto Assistance Loan (PAL), PAL Residency Interview & Relocation, PAL Law Practice Review & Exam Preparation, and PAL Consolidation.
Examples of our Service Commitment:
- Since 1973, SCSL has been a trusted education lender for generations of South Carolinians
- We have one of the lowest default rates in the country; and
- We will never sell your loan.
Our non-profit status allows us to offer:
- No application or origination fees;
- Superior money-saving borrower benefits; and
- Flexible repayment options.
Our Mission Statement:
South Carolina Student Loan shall provide programs of financial assistance to enable eligible students and parents to pursue and obtain their educational goals. We will administer these programs with a high degree of professionalism, fiscal integrity, administrative accountability and excellent service. We will also provide professional assistance to financial aid administrators, guidance counselors and others in the administration of these programs.
Our Core Values:
Respect
Integrity
Great Service
High Value for Employees and Customers
Teamwork
