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December 2007
Welcome to the December 2007 ISAC Update for financial aid administrators and business officers. This version of the electronic ISAC Update is a compilation of e-Messages sent through College Zone’s e-Messaging service throughout December. This e-Messaging service has replaced ISAC’s use of printed newsletters, the ILASFAA ListServ, 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 FAA 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 School Services at 866.247.2172 or at schoolservices@isac.org. 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 New Awards Announced for 2007-08 Teacher Education Scholarship Programs Award notifications have been mailed to eligible students and new eligible award information, including funded or unfunded status, is available to colleges online at My Zone. Award announcement categories for eligible students include:
* TESP includes the Illinois Future Teacher Corps (IFTC) and Minority Teachers of Illinois (MTI) Scholarship programs.
Happy Holidays from ISAC We appreciate having the opportunity to serve you, and look forward to working with you throughout the next year. May 2008 be a healthy, peaceful, and prosperous year for all. Holiday Schedules Due to the holidays, ISAC staff will be unavailable on the following dates:
Remember that you can access collegezone.com anytime, or send an e-mail message to ISAC's School 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, 8:30 a.m. - 5 p.m. CT). Processing Schedules Click on the appropriate link(s) to access holiday processing schedules for loan records [CommonLine and Common Account Maintenance (CAM) files] and/or Monetary Award Program (MAP) and Silas Purnell Illinois Incentive for Access (IIA) Program records.
College Zone and Related Internet Applications Temporarily Unavailable on December 18th On December 18th, the following Internet applications will be unavailable beginning at 7 p.m. (CT) and continuing until approximately 1 a.m. (CT) on Wednesday, December 19th:
Financial Aid 101 Workshop Rescheduled This free workshop is designed to introduce new financial aid professionals to financial aid concepts, programs and processes. The workshop will provide an overview of the following topics:
If you are interested in attending the Financial Aid 101 Workshop on January 17, 2008, please send an e-mail to Kim Eck, Training Coordinator, at keck@isac.org. Those who were registered for the December 11, 2007 workshop have automatically been registered for the January 17, 2008 session. Details regarding directions, parking and lunch will be provided to registered participants via e-mail a few days prior to the workshop.
2008-09 Teacher Program Applications Available - Due on or before March 1, 2008 The interactive application for 2008-09 Teacher Education Scholarship Programs (TESP), used to apply for the Illinois Future Teacher Corps (IFTC) Program and the Minority Teachers of Illinois (MTI) Scholarship Program, is available at collegezone.com. This online application offers such benefits as providing program information at the applicant's fingertips, performing online edits to prevent errors, allowing faster delivery time, and generating immediate confirmation that the application has been received. As a reminder, only applicants with a valid digital ID from the State of Illinois will be able to access the online application. Applicants who had obtained a digital ID for a previous year's TESP application process will use that same digital ID this year. Additional information regarding the IFTC Program and the MTI Scholarship Program and the application process, including 2008-09 teacher shortage disciplines for the IFTC Program, is available within the ISAC Gift Assistance Programs area. These resources will assist you with questions you receive from students regarding the TESP application process. The Student Zone provides applicants with direct access to details about the IFTC Program and MTI Scholarship Program. Applicants will have access to information regarding the application process, including instructions for specific application fields, once they access the Teacher Education Scholarship Programs area and launch the application. 2008-09 Illinois SETTW Program Application Available The 2008-09 Illinois Special Education Teacher Tuition Waiver (SETTW) Application is now available to print, complete and submit. Students pursuing a degree in special education who are willing to commit to teaching in Illinois after completing their degrees may be eligible to apply. Details about this program, including eligibility requirements, are provided in the Illinois Special Education Teacher Tuition Waiver (SETTW) Program section of the ISAC Gift Assistance Programs area. 2008-09 Nurse Educator Scholarship Program Application Available The 2008-09 Nurse Educator Scholarship Program (NESP) Application is now available to print, complete and submit. Graduate-level students pursuing a career in professional or practical nursing education who are willing to commit to teaching in Illinois after completing their degrees may be eligible to apply. Details about this program, including eligibility requirements, are provided in the Nurse Educator Scholarship Program (NESP) section of the ISAC Gift Assistance Programs area.
FINANCIAL AID ADMINISTRATOR "FAFSA Expert Training" & "Understanding Financial Aid Packaging" - Register Now Beginning with our most popular session, the "FAFSA Expert Training" builds on the information and case studies presented in "The FAFSA Made Easy" and goes far beyond the line-by-line review of the Free Application for Federal Student Aid (FAFSA). Complex tax, asset, eligibility and need analysis questions are discussed. You will complete a hand calculation of the Federal Need Analysis Methodology and learn how the information provided on the FAFSA is used to determine the Expected Family Contribution (EFC). In response to feedback from high school counselors and community based organization members, an afternoon session has also been added to this training event. Last year we introduced "Understanding Financial Aid Packaging." This highly rated session provides an overview of the elements involved in financial aid packaging as well as comprehensive consumer education information designed to assist you as you help your students prepare for the financial responsibilities associated with financing college. These free sessions (9 a.m. – 3 p.m.) will be offered at 11 locations throughout the state. Counselor Professional Development Units can be earned at each session. Space is limited, so choose from the following dates and locations below and register online: Dates & Locations January 18, 2008 Chicago State University, 9501 South King Drive, Chicago, IL University Library, Sun Room Campus Map January 24, 2008 DePaul University, Lincoln Park Campus, 2250 North Sheffield Avenue, Chicago, IL Student Center, 3rd Floor, Room 314 A & B Campus Map January 25, 2008 Lincoln Land Community College, Capital City Center, 130 West Mason, Springfield, IL Lower Level Conference Center Campus Map January 25, 2008 ISAC Deerfield Office, 1755 Lake Cook Road, Deerfield, IL Room 3030 Driving Directions January 29, 2008 Rock Valley College, North Mulford Road, Rockford, IL Woodward Technology Center, Rooms 141 & 142 Campus Map January 30, 2008 Lake Land College, 5001 Lake Land Boulevard, Mattoon, IL Webb Hall, Room 081 Campus Map February 1, 2008 Joliet Junior College, Joliet Junior College, 1215 Houbolt Road, Joliet IL Room To Be Determined (Check before date) Campus Map February 4, 2008 College of DuPage, 425 Fawell Boulevard, Glen Ellyn, IL Room SRC 2800 Campus Map February 5, 2008 John A. Logan College, 700 Logan College Road; Carterville, IL Main Facility First Floor, Room F119 Campus Map February 8, 2008 Harry S. Truman College, 1145 West Wilson Avenue, Chicago, IL Faculty Dining Room, First Floor Campus Map February 11, 2008 Eureka College, 300 East College Avenue Eureka, IL Cerf Center, Terrill Room 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. FFELP PARTICIPANTS Latest School DAAR Report Available The Notification of Student Loan Borrower DAAR Status report (School DAAR Report) for your school is now available on College Zone's My Zone. This online version has replaced the paper rosters ISAC sent in the past. The School DAAR Report is non-cumulative and is available twice a month to those institutions with students for whom ISAC, as the guarantor, has received a Default Aversion Assistance Request (DAAR) during the reporting time period. Each time a new School DAAR Report is made available online, an e-Message will be sent to the "FFELP Participants" e-Messaging subscription group. Accessing School DAAR Reports at My Zone My Zone is a portal available in the FAA Zone at collegezone.com that allows postsecondary schools online access to student-specific data in a secure environment. If you have not yet signed up to participate in My Zone, proceed to the FAA Zone front page and select the My Zone Quick Link. For complete information and instructions to access your school's DAAR Report, proceed to the FAA Zone front page and select the My Zone Quick Link in the right margin of the page. ISAC UPDATE GROUP Electronic ISAC Update for November 2007 Available at College Zone Topics covered in the November 2007 ISAC Update include:
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