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ISAC Update
VOL. 24, NO. 8L
February 2007

Messages sent to: Multiple Subscriptions Groups
  Marketing News, Announcements
  ISAC Update

Welcome to the February 2007 ISAC Update for lenders and servicers, which is a compilation of e-Messages sent through College Zone’s e-Messaging service throughout February. 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
  • Julie Henschel, 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

Presidents' Day Holiday Processing Schedule
Sent to Marketing News, Announcements and Operational Updates, Announcements on February 14, 2007

In observance of Presidents' Day, ISAC offices will be closed on Monday, February 19th and will reopen on Tuesday, February 20th.

Loan records received at ISAC on Presidents' 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 February 19th will be processed on February 20th, with results available February 21st (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 February 19th.

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 (such as those indicated above), ISAC staff will review and respond to messages during regular business hours (Monday through Friday, 8 a.m. - 5 p.m. CT).

A complete listing of 2007 holidays on which ISAC staff will be unavailable is provided at the ISAC Events Calendar.


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MARKETING NEWS, ANNOUNCEMENTS 

Introducing: "Understanding Financial Aid Packaging" Sessions - Register Now
Sent on February 6, 2007

Would you like to help your students identify a good financial aid package? This spring, the Illinois Student Assistance Commission (ISAC) will wrap up its three part Professional Development Series by offering “Understanding Financial Aid Packaging” sessions throughout the state. These sessions will guide you to help your students and their families decipher award letters and compare aid packages, thereby allowing them to identify the best college fit. The sessions are designed especially for high school counselors, college admission counselors and community organization professionals.

We will offer a general perspective about the components of financial aid packaging. Overall, these sessions aim to provide you the opportunity to participate in comprehensive consumer education about higher education. This training also provides three Continuing Professional Development Units (CPDU).

Space is limited so choose from the following dates and locations below and register as soon as possible:

March 13, 2007
Illinois Central College, 1 College Drive
East Peoria, IL  61635
Library/Administration Building, 212C
Campus Map

March 16, 2007
Highland Community College, 2998 West Pearl City Road
Freeport, IL  61032
Room:  H201
Campus Map

March 20, 2007
Illinois Student Assistance Commission, 1755 Lake Cook Road
Deerfield, IL  60015
Room 3030
Driving Directions

March 28, 2007
Lincoln Land Community College, 5250 Shepherd Road
Springfield, IL  62794
Trutter Center
Campus Map

March 30, 2007
Morton College, 3801 South Central Avenue
Cicero, IL  60804
Jedlicka Performing Arts Center
Campus Map

April 3, 2007
Kaskaskia College, 27210 College Road
Centralia, IL  62801
Room:  HB 157-158
Campus Map

April 10, 2007
South Suburban College, 15800 South State Street
South Holland, IL  60473
Performing Arts Center - PAC
Campus Map

Continental breakfast will be provided and registration begins at 8:30 a.m. We look forward to seeing you at one of our upcoming sessions.

How to Register

REGISTRATIONS WILL ONLY BE ACCEPTED VIA E-MAIL. Please send an e-mail to outreachtraining@isac.org and in the subject line indicate the location you plan to attend. In the e-mail include the following information for every person you are registering:

  • Name
  • School or Organization
  • Phone Number
  • E-mail address
A confirmation e-mail will be sent within 72 hours only if all information is provided.

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ISAC UPDATE

Electronic ISAC Update for January 2007 Available at College Zone
Sent on February 1, 2007

The January 2007 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 January via College Zone's e-Messaging service.

Topics covered in the January 2007 ISAC Update include:

  • Summary of January 26th Commission Meeting
    (sent January 29, 2007)
  • Commission Meeting to be Held Friday,
    January 26, 2007
    (sent January 17, 2007)
  • Mark Your Calendar for Upcoming Important Dates
    (sent January 2, 2007)
  •  Electronic ISAC Update for December 2006 Available at College Zone
    (sent January 2, 2007)

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