MAP Matters to Illinois Students!
For over 50 years, the Monetary Award Program (MAP) has helped make college possible for millions of Illinoisans across the state. MAP matters because it provides need-based aid that a student doesn’t have to repay, defraying tuition and fee costs and limiting excessive loan debt for students without the resources to pay for college.
In FY 2013 the Illinois Student Assistance Commission awarded approximately $371 million in MAP grants, helping over 140,000 students to continue their education. Although MAP is one of the best investments we can make in our citizens, in our economy and in the future of the state, in FY2013 alone, over 150,000 eligible applicants were not offered MAP due to insufficient funding. MAP funding for FY2014 was only slightly more than FY 2013--at approximately $373 million.
In late May, 2014, the Illinois General Assembly passed an FY 2015 budget that holds funding for MAP essentially level with 2014. While ISAC, our partners, and students throughout Illinois had strongly advocated for an increase in MAP (Governor Quinn’s proposed budget included an increase of $50 million in MAP funding for the 2014-2015 school year), we are gratified that MAP funding was not cut, particularly in light of the fact that the General Assembly did not approve any new revenues for FY 2015. The budget legislation was signed into law by the governor on June 30, 2014.
We know that MAP funding can make the difference for many thousands of students in their ability to attend college. Moving into FY 2015, ISAC will continue to support students across the state through administration of MAP and other grants and scholarships, through our direct outreach to students in navigating the college-going and financial aid processes, and by advocating for additional MAP funding at every opportunity.