 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  Items under the More section, located toward the bottom of the page, provide links to information on topics that were recently listed on this Message Board.
ISAC has sent Notices of Disqualification to students who were identified in April as meeting eligibility requirements for the 2010-11 Robert C. Byrd Honors Scholarship Program, but have not submitted the Eligibility Certification form (which was due back to ISAC on
July 15, 2010). The notices inform students that, if they wish to receive an award, ISAC must receive a letter of appeal and the completed form on or before
September 20, 2010. If an Eligibility Certification form is not returned by the September 20 deadline, it will be assumed that the student is refusing the scholarship and eligibility will be forfeited.
 Two July 22, 2010 "News from NASFAA" postings share resources from the recent National Association of Student Financial Aid Administrators (NASFAA) Conference. The first posting is an overview of the U.S. Department of Education's update regarding recent and future changes to the federal student aid programs. The second posting provides access to handouts from various NASFAA Conference interest sessions.
Two July e-Messages provide updates regarding the Illinois National Guard (ING) Grant Program and the Illinois Veteran Grant (IVG) Program. A July 21 e-Message provides details regarding the end of the 2009-10 ING Grant online processing cycle, indicates that outstanding amounts due for the 2009-10 IVG Program should be returned to ISAC on or before September 13, announces that IVG Online Payment is now available for the 2010-11 processing cycle and should be used to submit IVG summer term claims, and clarifies that the first group of ING Grant Announcement Rosters for the 2010-11 academic year is anticipated to be available online at My Zone in early- to mid-August. A
July 14 e-Message announces that 2009-10 timely (in-district and out-of-district) ING Grant payment requests for spring term are being paid at 100% (no proration factor is being applied).
ISAC Administrative Rules, which have been adopted for the 2010-11 academic year, are available within the e-Library here at College Zone.
A news release from the Federal Trade Commission (FTC) discusses the ninth annual report to Congress regarding the College Scholarship Fraud Prevention Act of 2000. The July 2010 report outlines how the FTC and U.S. Departments of Education and Justice are working together to combat scholarship and financial aid fraud. There is also an FTC Web site devoted to the prevention of scholarship scams.
A State Legislative Update, which was last updated on
July 9, describes recent action taken on the budget for fiscal year 2011, which began on July 1, 2010.
A second round of letters detailing the outstanding amount that must be refunded to ISAC for the 2009-10 Monetary Award Program (MAP) were mailed to financial aid directors on July 7, 2010. The outstanding amount due, with proper documentation, should be returned to ISAC on or before August 6, 2010. Further details are available at the MAP Program News page.
Remember that the 2009-10 MAPnet application [used for processing Monetary Award Program (MAP) and Silas Purnell Illinois Incentive for Access (IIA) Program data] becomes available for historical view only on July 30, 2010. Details regarding how to utilize the MAPnet system are provided in the MAPnet User Guide.
More
2010-11 ISAC Administrative Rules
2010-11 Illinois Robert C. Byrd Honors Scholars
2010-11 State Scholars
State Legislative Update
Outreach Calendar/Events
FAFSA Completion Information
Important Reminders calendar
Most Recent ISAC Update:
June 2010
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