2023-24 MAP Recompute Implemented
The following information is being shared by the Illinois Student Assistance Commission (ISAC) in order to assist colleges in the administration of the Monetary Award Program (MAP).
2023-24 MAP Recompute Implemented – MAP System Available
ISAC staff has completed verification of system changes related to implementation of the recompute formula, and the MAP component of the ISAC Gift Assistance Programs (GAP) Access portal is again available.
All 2023-24 Institutional Student Information Record (ISIR) data received from the Central Processing System (CPS) through (including) Friday (June 23, 2023) is reflected in the MAP system, and we have returned to daily processing of ISIR data.
As a reminder, the recompute formula:
- was approved at the June 22, 2023 Commission meeting;
- increases the maximum 2023-24 MAP award from $7,200 to $8,400; and
- increases the living allowance from $5,020 to $5,200.
The 2023-24 MAP Formula section (located in the ISAC Gift Assistance Programs area) and the "MAP Estimator" (which may be accessed by students via the Toolbox area of the ISAC Student Portal) have been updated to reflect the recompute formula.
Colleges may also want to visit the MAP Formula section of the ISAC Gift Assistance Programs area to access the 2023-24 Hand Calculation Forms – Recompute, as well as instructions on how to calculate awards for semester or quarter terms.
Watch for Future Updates
As updated information becomes available throughout the year, it will be shared with you via our usual methods of communication (i.e., the MAP Program News area, the FAA Message Board and this e-Messaging service).
You are receiving this message because you registered for ISAC's e-Messaging service through one or more subscription groups for FAAs.
If you have any questions regarding this e-Message, please contact ISAC's School Services Department by calling toll free at 866.247.2172 or sending an e-mail message to email@example.com.