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Commission Meeting Summary - MAP & IIA Priority Payment Claim Deadline Dates Approved
9/22/2008

The following are highlights from the September 19th regular meeting of the Illinois Student Assistance Commission (ISAC).

FY2009 MAP and IIA Priority Payment Claim Deadline Dates Approved (Agenda Item 5)

The fiscal year (FY) 2009 priority payment claim deadline dates for the Monetary Award Program (MAP) and the Silas Purnell Illinois Incentive for Access (IIA) Program were approved as follows:
   
January 10, 2009 - 1st semester or quarter 
April 1, 2009 - 2nd semester or quarter 
June 1, 2009 - 2nd semester starting after 
  February 15, 2009
June 1, 2009 - 3rd quarter

Other Commission Meeting Agenda Items

Additionally, the Commission approved the following items as part of the agenda:

  • a contract for the servicing of ISAC's Federal Family Education Loan Program (FFELP) loan portfolio;
  • the issuance of Taxable Student Loan Revenue Bonds (Series 2008); and
  • several agenda items related to the
    College Illinois!(SM) Prepaid Tuition Program.
A listing of all agenda items discussed during the meeting is provided in the September 19th Agenda Book, which can be accessed from the ISAC's Governing Board: The Commission page at collegezone.com.

Next Meeting

The next regularly scheduled Commission meeting is set for Friday, November 21, 2008, at National-Louis University in Chicago.
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