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.   

 Access to the College Zone Web site, including MAPnet and My Zone functionality, will be unavailable due to system maintenance between midnight and 3 a.m. (CT), Sunday, November 8th.  Access is expected to be restored no later than 3 a.m.

 A November 3rd electronic announcement from the U.S. Department of Education (ED) reminds the financial aid community that the Primary Destination Point Administrator (Primary DPA) at every organization enrolled in the Student Aid Internet Gateway (SAIG) is required to review its assigned TG numbers [including TG numbers associated with access to the National Student Loan Data System (NSLDS) Web site and NSLDS batch services], and then actively confirm that staff with TG numbers and NSLDS access still require that access. Access to NSLDS online and batch services will be removed for any users that have not been actively confirmed by December 10,  2009.

 In preparation for the 2010-11 Renewal Reminder distribution, Federal Student Aid (FSA) is reminding colleges to update all of their students' 2009-10 Student Aid Report (SAR) and Institutional Student Information Record (ISIR) transactions with current e-mail and mailing addresses by January 11, 2010. Further details are provided in a November 4th electronic announcement.

 A November 4th electronic announcement from the U.S. Department of Education (ED) indicates that the 2010-11 Student Web Application Products Process Guide - which contains information about enhancements and other changes being made at the FAFSA4caster, FAFSA on the Web, and Federal Student Aid PIN Web sites - is available online.

 Two recent Dear Colleague Letters (DCLs) announce upcoming training Webinars that will focus on final regulations made by the Higher Education Opportunity Act (the HEOA). One session will address changes related to the Federal Family Education Loan (FFEL), William D. Ford Federal Direct Loan (Direct Loan), and Federal Perkins Loan (Perkins Loan) programs (DCL ANN-09-33), and the other will discuss changes related to the Federal Pell Grant, Federal Work-Study, and Teacher Education Assistance for College and Higher Education Grant (TEACH Grant) programs (DCL ANN-09-34).

 A November 4th News from NASFAA posting announces that the Federal Trade Commission will delay enforcement of the new “Red Flags Rule” until June 1, 2010. As a reminder, this regulation requires financial institutions and creditors to develop and implement a written identity theft prevention program.

 A November 2nd electronic announcement from the U.S. Department of Education (ED) provides an updated version of the September 15, 2008 listing of colleges that have been approved as "TEACH Grant Eligible Institutions."

A November 4th e-Message announces that, in order to prepare for system changes that will allow for the reinstatement of full second- and third-term Monetary Award Program (MAP) payment, the ability to request MAP and Silas Purnell Illinois Incentive for Access (IIA) Program payment for these two terms via the 2009-10 MAPnet system and File Transfer Protocol (FTP) is being temporarily disabled, effective November 5, 2009 and continuing until further notice. In addition, ISAC will be releasing records impacted by the previously-announced limited shutdown [i.e., Institutional Student Information Record (ISIR) transactions with a Central Processing System (CPS) process date on or after September 1, 2009 that would result in increased MAP awards].

As a reminder, the FY2010 allocation for IIA grants remains unchanged from what was announced in July - i.e., recipients will receive $250 awards for the fall term only.

 New functionality that allows colleges to submit Robert C. Byrd Honors Scholarship Program payment requests via the My Zone portal is now available, and 2009-10 Eligibility Certification/Payment Request Rosters may be completed online. Details are provided in a November 3rd e-Message.

In observance of the Veterans Day holiday, ISAC offices will be closed on Wednesday, November 11th, reopening on Thursday, November 12th. Access collegezone.com anytime, or send an e-mail message to a School Services Representative for questions or inquiries.

The schedule of upcoming days on which the ISAC offices will be closed (through New Year's Day) is available for loan records [CommonLine and Common Account Maintenance (CAM) files] and Monetary Award Program (MAP) and Silas Purnell Illinois Incentive for Access (IIA) Program records.

2009-10 fall term Certification of Enrollment for Payment rosters for the Grant Programs for Dependents of Police/Fire/Correctional Officers (PFC), which were mailed to schools on October 19th, are due back to ISAC on or before Friday, November 20, 2009. A sample roster and cover letter, with instructions on how to complete the roster, can be accessed from the PFC Payment Procedures page within the ISAC Gift Assistance Programs section.

More

State Legislative Update

2009-10 ISAC Administrative Rules

Outreach Calendar/Events

List of ISAC's Participating Lenders

FAFSA Completion Information

Important Reminders calendar

Most Recent ISAC Update:

October 2009