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South Carolina Teacher Loan

Sponsored by: South Carolina Student Loan Corporation

Applicant must be a South Carolina resident and fall into one of the following categories: be a freshmen student who ranks in the top 40% of their high school graduating class, and meets state average SAT scores; a returning undergraduate with a minimum 2.75 GPA and who takes the Praxis I exam; or a graduate student who has a minimum 3.5 GPA. All applicants must be pursuing a teacher education and must agree to teach in a critical geographic or subject area in South Carolina.

FAQ

Application Deadline April 15 (priority deadline)
Scholarship, Grant, Fellowship or Contest Loan
Number of Applications 2000
Required areas of study teacher education
Awarded every year? yes
Renewable?
Reapplication required for renewal; recipient must maintain a minimum 2.75 GPA.
yes
Must be repaid?
Award must be repaid beginning six months after graduation if recipient does not teach. The loan is forgiven at the rate of 20 to 33.3% per year for teaching in critical areas of South Carolina.
yes
Required to attend a specific school? no

Scholarships

Amount

Max $5,000
Average $2,992
Min $2,500

Available

Max 5000
Average 3963
Min 1888

Contact Information

Tom Geddens
Loan Officer
South Carolina Student Loan Corporation
P.O. Box 21487
Cola, SC 29221 United States

Phone: (803) 612-5032
Fax: (803) 612-7365
http://www.scstudentloan.org

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