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October 2005
Welcome to the October 2005 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 800.899.ISAC (4722) 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 New Commissioners Appointed to Illinois Student Assistance Commission June 30, 2003, but who continued to serve, as allowed by state law, until a replacement was named. Chairman McNeil is a partner of the law firm of Barnes & Thornburg LLP in Chicago. In addition, Ashley Dearborn of Chicago, a student at Wilbur Wright College, has been named Student Commissioner. We welcome Chairman McNeil and Ms. Dearborn to the Commission and look forward to working with them on the important issues that come before the Commission. Both have indicated they are honored to have been appointed and are looking forward to developing relationships with ISAC's clients and partners. Many thanks are extended to former Chairman Barr on his twenty years of untiring and dedicated service to the students and families of Illinois. The next regularly scheduled meeting of the Commission is set for November 18, 2005 in ISAC's Deerfield office. Marketing News, Announcements Fall Seminars and More! Invitation to 2005 Fall Seminars We invite you to join us for this year's Illinois Student Assistance Commission (ISAC) Fall Seminars! These half-day sessions (8:30 a.m. to 12:30 p.m.), offered at locations around the state, are open to financial aid administrators, financial aid directors and business officers, and will help you prepare for the 2006-07 academic year. Marketing representatives from lending institutions are also welcome to attend. In addition to providing operational and programmatic updates, we'll also talk about what's happening on the state and federal levels and present a summary of the U.S. Department of Education's Electronic Access Conference (EAC). The latest on ISAC's electronic initiatives, including My Zone and IllinoisMentor, is on the agenda, along with an interactive discussion about possible processing enhancements. Be sure to come prepared to share your ideas and suggestions. This year's seminars are free of charge and a "must attend" for members of the higher education financial aid community. Registration information is now available in the Outreach & Training area of the e-Library. Check the dates and locations for the session that best meets your needs. A listing of agenda topics and address and parking information can be found with the online registration form. Seating is limited, so please be sure to register early! Registration begins at 8:30 a.m., with the seminars starting at 9 a.m. and adjourning at 12:30 p.m. Additional Resources for 2006-07 In looking ahead to the upcoming school year, we've made some modifications to the e-Library of collegezone.com to make it easier for you to assist your students. A new section of the e-Library has been created, called "Applying for Financial Aid - Completing the FAFSA". Access it from the Quick Link on the FAA Zone front page. This new area contains information about how to complete the Free Application for Federal Student Aid (FAFSA), important dates, what's new for 2006-07, and ordering materials. There's also a link that allows you to Build Your Own Reference Manual. Additionally, the "Financial Aid for a College Education" PowerPoint presentations, which can be viewed, printed and/or downloaded for your use have been updated. Available in both English and Spanish, the ready-to-use presentations are located in the Presentations area (#7) of the e-Library. Although it seems this academic year has barely begun, 2006-07 will be here before we know it. Please be sure to attend this year's Fall Seminars and as always, refer to collegezone.com for answers to any and all of your questions throughout the year.
ISAC UPDATE Electronic ISAC Update for September 2005 Available at College Zone
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