-1978: Aberdonians Jim Bishop, Manley Feinstein, Harvey Jewett IV, Norg Sanderson and Vi Stoia found Education Assistance Corp. and Student Loan Finance Corp. as separate entities in Aberdeen.
-1994: The U.S. Department of Education alleges that EAC misused federal funds.
-1997: The government and EAC reach a settlement on the allegations, details of which were not disclosed except that the government withdrew its order to shut down EAC.
-1998: SLFC switches from a non-profit agency to a for-profit company.
-1999: SLFC becomes employee-owned.
-1999: SLFC donates $86 million to create the Great Plains Education Foundation, the biggest foundation in the state¹s history.
-2008: Affiliated Computer Services of Dallas enters into a seven-year, $67 million contract with SLFC to become the primary education loan service provider for the Aberdeen company¹s portfolio.
-Feb. 4, 2009: EAC merges with Great Lakes Higher Education Corp. of Wisconsin
-Feb. 4, 2009: Great Lakes Higher Education Corp. donates $30 million-plus to create the South Dakota Education Access Foundation.
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