The Student Loan Corporation originates, holds and services federally insured student loans through a trust agreement with Citibank, N.A., an indirect wholly-owned subsidiary of Citigroup Inc. The Student Loan Corporation is one of the nation’s leading originators and holders of student loans guaranteed under the Federal Family Education Loan Program, authorized by the Department of Education under the Federal Higher Education Act of 1965, as amended (the Act). The Student Loan Corporation also holds student loans, including CitiAssist Loans that are originated under alternative programs and are not insured under the Act.

The Student Loan Corporation was incorporated in Delaware in November 1992 and commenced operations on December 22, 1992. Prior to that date, the Student Loan Corporation operated as a division of Citibank (South Dakota). Citibank, N.A. is the primary shareholder, with an ownership of 80% of the Student Loan Corporation’s outstanding common stock.