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Welcome to the FAA Zone
At your fingertips, Financial Aid Administrators, Business Officers, and other school personnel have access to a centralized source of information and financial aid guidance concerning ISAC's programs, processes, and resources. FAA Message Board The FAA Message Board is updated each week. New messages for the week are identified by the
A State Legislative Update, dated May 14, 2008, contains the most recent status of bills which pertain to ISAC-administered programs and education in general.
A May 14th e-Message provides information regarding the close-out process for 2007-08 ISAC gift assistance programs, including the fact that timely second and third term claims for the Illinois National Guard (ING) Grant Program will be prorated at 72.64%. Continue to visit the Program News sections of individual gift assistance programs for the latest updates.
A May 14th e-Message reminds registrars to register for an informational session about the Illinois Electronic Transcript Exchange. Sessions are being offered on
A May 13th e-Message announces that a recent Dear Colleague Letter (DCL GEN-08-06, FP-08-06) provides guidance for school use of a preferred lender list in the Federal Family Education Loan Program (FFELP).
A May 9th electronic announcement from the U.S. Department of Education (ED) reminds the financial aid community about site outages that have been scheduled in order to allow the Federal Student Aid data center to be relocated. The next outage will take place between Friday, May 16th and Saturday, May 17th. Details, including specific dates/times and a listing of impacted Web sites, are provided in the electronic announcement.
2007-08 Monetary Award Program (MAP) and Silas Purnell Illinois Incentive for Access (IIA) Program payment claims (for third quarter, and for second semester at institutions where the second semester begins after February 15th) are due on or before June 1, 2008.
A March 1, 2008 Dear Colleague Letter (DCL ANN-08-05) announces that a recorded version of the April 10th Federal Student Aid TEACH Grant Implementation and Processing Webinar is available online for financial aid administrators and their staff.
Illinois Association of Student Financial Aid Administrators (ILASFAA) 2008 conference presentations can be accessed online via the Conferences page of the ILASFAA Web site. ISAC presentations from the ILASFAA conference are also available via the e-Library's Conference Handouts & Presentations page here at collegezone.com.
The most recent Federal Update, dated
The 2008-09 MAP Automated Delivery Process File Specifications, which may be accessed via the Electronic Tools area of the e-Library, have been revised so that the information for "College Year" (Field Number 5 on page 3 of the document) correctly reflects data for the 2008-09 academic year.
Spring term (second semester/second and third quarter) payment requests for the 2007-08 Illinois Veteran Grant (IVG) Program are due to ISAC on or before
More Upcoming Unavailability of Federal Student Aid Web Sites List of ISAC's Participating Lenders Dear Colleague Letter FP-08-02 (revised promissory note addenda and Plain Language Disclosures)
Most Recent ISAC Update:
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