Agenda Book – June 25, 2026

Joint meeting of the Illinois Student Assistance Commission & Investment Committee 

June 25, 2026
1:00 p.m.

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

Springfield Office
3rd 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)
      Action Taken: Approved
    2. Approval of April 16, 2026, full minutes of the joint Commission / Investment Committee / Investment Advisory Panel Meeting (Action: Commission)
      Action Taken: Approved
  3. Executive Director's Report (Informational)
  4. Legislative Update (Informational)
  5. Approval of Fiscal Year 2027 Monetary Award Program (MAP) Recompute Formula (Action)
    Action Taken: Approved
  6. Approval of Proposed Administrative Program Rules and Amendments (Action)
    Action Taken: Approved
  7. Fiscal Year 2027 Budget Review and Approvals
    1. Approval of the Student Loan Operating Fund (SLOF) Budget (Action)
      Action Taken: Approved
    2. Approval of the Illinois Designated Account Purchase Program (IDAPP) Budget (Action)
      Action Taken: Approved
    3. Approval of the College Illinois!® Prepaid Tuition Program Budget (Action)
      Action Taken: Approved
    4. Approval of the GEAR UP Grant Budget (Action)
      Action Taken: Approved
    5. Contracts for Annual Budget Approval Process (Action)
      Action Taken: Approved
  8. IDAPP Investment Policy Review and Adoption (Action: Commission)
    Action Taken: Approved
  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)
      Action Taken: No action at this time
    4. Compliance Review (Informational)
    5. Asset Allocation Review (Action: Investment Committee) (Action: Commission)
    6. Investment Policy Review and Adoption (Action: Investment Committee) (Action: Commission)
      Action Taken: Approved
  10. Audit Committee
    1. Approval of the Fiscal Year 2027 Internal Audit Plan (Action)
      Action Taken: Approved
    2. Audit Committee Update (Informational)
  11. Public Comment