Agenda Book – June 25, 2026

Joint meeting of the Illinois Student Assistance Commission & Investment Committee 

June 25, 2026
1:00 p.m.

Deerfield Office
3^rd Floor – Room 3030
1755 Lake Cook Road
Deerfield, Illinois

Springfield Office
3^rd Floor Conference Room
500 W. Monroe
Springfield, Illinois

1. Announcements
2. Approval of the joint Commission Meeting Minutes (Action)
   1. Approval of April 16, 2026, investment portion of minutes of the joint meeting of the Commission / Investment Committee / Investment Advisory Panel Meeting (Action: Investment Committee)
   2. Approval of April 16, 2026, full minutes of the joint Commission / Investment Committee / Investment Advisory Panel Meeting (Action: Commission)
3. Executive Director's Report (Informational)
4. Legislative Update (Informational)
5. Approval of Fiscal Year 2027 Monetary Award Program (MAP) Recompute Formula (Action)
6. Approval of Proposed Administrative Program Rules and Amendments (Action)
7. Fiscal Year 2027 Budget Review and Approvals
   1. Approval of the Student Loan Operating Fund (SLOF) Budget (Action)
   2. Approval of the Illinois Designated Account Purchase Program (IDAPP) Budget (Action)
   3. Approval of the College Illinois!® Prepaid Tuition Program Budget (Action)
   4. Approval of the GEAR UP Grant Budget (Action)
   5. Contracts for Annual Budget Approval Process (Action)
8. IDAPP Investment Policy Review and Adoption (Action: Commission)
9. College Illinois!® Prepaid Tuition Program Investments
   1. Prepaid Tuition Program Update (Informational)
   2. Investment Update (Informational)
   3. Approval of Changes to the Watch List (Action: Investment Committee)
   4. Compliance Review (Informational)
   5. Asset Allocation Review (Action: Investment Committee) (Action: Commission)
   6. Investment Policy Review and Adoption (Action: Investment Committee) (Action: Commission)
10. Audit Committee
    1. Approval of the Fiscal Year 2027 Internal Audit Plan (Action)
    2. Audit Committee Update (Informational)
11. Public Comment