AGENDA

Illinois Student Assistance Commission
1755 Lake Cook Road
Room 3030
Deerfield, IL

June 25, 2012
11:00 a.m.

1. Announcements
2. Minutes of the March 26, 2012 Meeting (Action)
   Action Taken:  Approved
3. Investment Advisory Panel Member Reappointment (Action)
   Action Taken:  Approved
4. Executive Director’s Report(Information)
   1. Forensic Audit Report
   2. Voluntary Flexible Agreement Update
   3. DREAM Fund Commission
   4. College Access Challenge Grant
   5. College Changes Everything
   6. Monetary Award Program (MAP) Taskforce
   7. Other
5. Legislative Update (Information)
6. Proposed Program Rules Amendment - Illinois Future Teacher Corp (Action)
   Action Taken:  Approved
7. Monetary Award Program (MAP) Recompute (Action)
   Action Taken:  Approved
8. Audit Committee Charter Adoption and Approval (Action)
   Action Taken:  Approved
9. Partial Sale of Student Loan Portfolio (Information)
10. College Illinois!® Prepaid Tuition Program Investment
    
    1. Investment Committee and Investment Advisory Panel Minutes
       1. Investment Committee and Investment Advisory Panel January 27, 2012 Meeting (Information)
       2. Investment Committee February 23, 2012 Meeting (Information)
       3. Investment Committee and Investment Advisory Panel May 23, 2012 Meeting (Action)
    2. Investment Performance (Information)
    3. Asset Allocation (Action)
       Action Taken:  Approved
    4. Investment Policy Revision
       1. Investment Committee Approval (Action)
          Action Taken:  Approved
       2. Commission Approval (Action)
          Action Taken:  Approved
    5. Absolute Return Asset Class Structure (Action)
    6. Domestic Equity Procurement (Action)
       Action Taken:  Approved
    7. Fixed Income Procurement (Action)
       Action Taken:  Approved
11. College Illinois! Prepaid Tuition Program and Operations
    1. Program Update (Information)
    2. College Illinois!® Prepaid Tuition Program Contract Prices and Fees for 2012-2013 Pricing Period Delegation of Approval to Temporary Subcommittee (Action)
       Action Taken:  Approved
12. FY 2013 Budget Review and Approvals (Action)
    Action Taken:  Approved
    
    1. General Revenue Fund (GRF)
    2. Student Loan Operating Fund (SLOF)
    3. Illinois Designated Account Purchase Program (IDAPP)
    4. College Illinois! Prepaid Tuition Program
    5. College Access Challenge Grant (CACG)
13. Executive Session
    1. FY 2013 Internal Audit Plan (Action)
       Action Taken:  Approved
    2. Closed Minutes Determination (Action)
       Action Taken:  Approved
    3. Personnel Issues (Information)