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ISAC Update
VOL. 26, NO. 2L
August 2008

Messages sent to: Multiple Subscribtion Groups 
  ISAC Update

Welcome to the August 2008 ISAC Update for lenders and servicers, which is a compilation of e-Messages sent through College Zone’s e-Messaging service throughout August. This e-Messaging service has replaced ISAC's use of printed newsletters and special e-mail lists as our primary means of communicating information to you. 

The articles in this Update have been organized according to the Lender Zone subscription groups to which the messages were distributed via College Zone’s e-Messaging service.

Questions?

Questions regarding information in this ISAC Update can be directed to Lender Services by sending an e-mail message to lenderservices@isac.org or calling 800.477.4411 and speaking with one of the following staff members:

  • Sharon Bankston, extension 2826
  • David Barinholtz, extension 2822
  • Denise Cannon, extension 2823

On occasion, you may be directed to a specific contact person or area; when this occurs, we will provide the appropriate information in the individual article or message.


MULTIPLE SUBSCRIPTION GROUPS


Mark Your Calendar for Upcoming Important Dates
Sent to Marketing News, Announcements and Operational Updates, Announcements on August 8, 2008

From the Illinois Student Assistance Commission (ISAC) ... information which may be of interest to you and/or your student loan borrowers.

2008-09 ISAC Administrative Rules Available

ISAC Administrative Rules, which have been adopted for the 2008-09 academic year, are available within the
e-Library.

August 8th through August 17th: Illinois State Fair

Visit with ISAC staff in Campus Town at the 2008 Illinois State Fair in Springfield. Campus Town is open daily from 10 a.m. to 6 p.m. during the fair, which runs from
August 8th through August 17th. The theme of this year's fair is "A Family Tradition."

September 1st: Labor Day

Due to the Labor Day holiday, ISAC offices will be closed on Monday, September 1st and will reopen on Tuesday, September 2nd.

Loan records received at ISAC on Labor Day, as well as disbursement records received at the National Disbursement Network (NDN), will be processed the following business day. This means that CommonLine or Common Account Maintenance (CAM) files received on September 1st will be processed on September 2nd, with results available September 3rd (or the next available day for any schools opting to receive NDN files on specific days of the week). Note that ELM Resources will continue to process and transmit files on September 1st.

For Assistance

Remember that you can access collegezone.com anytime, or send an e-mail message to ISAC's Lender Services Department. With the exception of holidays, ISAC staff will review and respond to messages during regular business hours (Monday through Friday, 8:30 a.m. - 5 p.m. CT).

A complete listing of 2008 holidays on which ISAC staff will be unavailable is provided at the ISAC Events Calendar.

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ISAC UPDATE

Electronic ISAC Update for July 2008 Available at College Zone
Sent on August 1, 2008

The July 2008 edition of the ISAC Update is now available for your review within the ISAC Publications section of College Zone's e-Library. This version of the monthly electronic ISAC Update is a compilation of e-Messages sent to lenders and servicers in July via College Zone's e-Messaging service.

Topics covered in the July 2008 ISAC Update include:

  • Electronic ISAC Update for June 2008 Available at College Zone
    (sent July 1, 2008)

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