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7/22/2008
Suspension of MAP Award Announcements Effective
July 26, 2008
Due to current trends in the number of eligible applicants and expected payment claim rates, the anticipated appropriations for the 2008-09 Monetary Award Program (MAP) are fully committed. As a result, ISAC will suspend the announcement of MAP grants for all students whose initial 2008-09 Free Application for Federal Student Aid (FAFSA) is received by the Central Processing System (CPS) on or after July 26, 2008.
ISAC will evaluate the status of suspended awards as more information becomes available and, if application volume and claim rates support such action, may release some suspended awards. In the event any suspended awards are released, they would be subject to the 2008-09 MAP priority consideration dates.
The "Suspension of MAP Award Announcements" page, located within the MAP section of the ISAC Gift Assistance Programs area at collegezone.com, will soon be updated to reflect the suspension of 2008-09 MAP award announcements.
Student Award Announcements
Colleges will need to suspend announcements of MAP awards to students whose initial FAFSA receipt date is on or after July 26, 2008.
ISAC will be notifying all affected applicants whose initial FAFSA reflects an expected family contribution (EFC) of 8999 or below that their awards have been placed in suspension status. A sample copy of this notification will soon be available at the 2008-09 Acknowledgement Letters page, located within the MAP section of College Zone's ISAC Gift Assistance Programs area.
Identifying Records in Suspension Status
MAP records in suspension status will be indicated by an Eligibility Code of "S" ("Suspended -- indicates student is temporarily suspended from processing due to insufficient funding. Not eligible for payment for any terms") on MAPnet and in the Eligibility Status File (ESF).
Reminder of IIA Program Records in Suspension Status
The announcement of awards for the 2008-09 Silas Purnell Illinois Incentive for Access (IIA) Program has been suspended for all students whose initial 2008-09 FAFSA is received by the CPS on or after July 12, 2008.
Questions?
As new information becomes available throughout the year, ISAC routinely updates the MAP and IIA "Program News" pages within the ISAC Gift Assistance Programs area at collegezone.com. Be sure to check back periodically for the current processing status of these programs.
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