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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 November 16th 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 6, 2009 electronic announcement from the U.S. Department of Education (ED) provides background information and operational guidance on the statutory provisions for increased Title IV student financial assistance for a student whose parent or guardian died as a result of military service in Iraq or Afghanistan after September 11, 2001. The types and amounts of increased assistance depend on the calculated expected family contribution (EFC) of the student and the award year for which the student is seeking assistance (i.e., the 2009-10 award year or the 2010-11 award year and beyond).
The College Awareness & Preparation (CAP) committee is currently accepting Event Registration forms (updated Volunteer forms are anticipated to be available soon). Sign up to host an event today, and be part of this comprehensive effort to provide the people of Illinois with practical, timely and accurate information on the college process. To ensure maximum assistance with the planning of your event(s), completed Event Registration forms must be submitted by December 1, 2009.
ISAC offices will be closed on the following days: Wednesday, November 25th (furlough day); Thursday, November 26th (Thanksgiving); and Friday, November 27th (day after Thanksgiving). Our offices will reopen on Monday, November 30th. Access collegezone.com anytime, or send an e-mail message to a School Services Representative for questions or inquiries. Information regarding schedules for Title IV processors and call centers for the Thanksgiving holiday is provided in a November 13th electronic announcement from the U.S. Department of Education (ED). Best wishes for a safe and happy Thanksgiving holiday. 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.
A November 10th e-Message reminds the financial aid community that the Illinois Student Assistance Commission (ISAC) and the Illinois Designated Account Purchase Program (IDAPP) are strongly committed to helping Illinois students and parents by remaining active and vital players in the student loan industry. Further details are also provided in a November 10th press release.
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 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. ![]() 2009-10 ISAC Administrative Rules List of ISAC's Participating Lenders
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