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October 2009
Welcome to the October 2009 ISAC Update for lenders and servicers, which is a compilation of e-Messages sent through College Zone’s e-Messaging service throughout October. 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:
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 October 15th: Student Rally for Save Illinois MAP Grants Campaign In September, ISAC and numerous other higher education entities kicked off the Save Illinois MAP Grants campaign, which is aimed at rallying public support to urge state lawmakers to restore full-year awards made under the Monetary Award Program (MAP) for the 2009-10 academic year. MAP is ISAC's need-based aid program, which aids in paying tuition and mandatory fee expenses and helps pave the way to college for many Illinois students who might not otherwise be able to afford to attend. Encourage your Illinois student loan borrowers to make their voices heard at a student rally which is planned for 12:30 p.m. (CT) on Thursday, October 15th in the parking lot of the Illinois Education Association (100 E. Edwards) in Springfield, Illinois. Be sure to visit the campaign Web site at http://www.saveillinoismapgrants.org/ to learn about more scheduled events in which concerned citizens can participate (including an ISAC public hearing on October 12th at Southern Illinois University in Carbondale), as well as to access resources available for use in calling, writing or visiting your legislators to encourage their pursuit and support of restoring funding for MAP. November 13th: Next Commission Meeting The next regularly scheduled meeting of the Illinois Student Assistance Commission is set for Friday, November 13, 2009, at North Central College in Naperville. Upcoming Schedules The following are upcoming dates on which the National Disbursement Network (NDN) and/or ISAC offices will be closed:
Remember that you can access collegezone.com anytime, or send an e-mail message to ISAC's Lender Services Department. With the exception of days when the ISAC offices are closed, 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 following link to access holiday processing schedules for loan records [CommonLine and Common Account Maintenance (CAM) files].
ISAC UPDATE Electronic ISAC Update for September 2009 Available at College Zone Topics covered in the September 2009 ISAC Update include:
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