2023-24 MAP Second-Term Payment Now Open – ECACE First-Term Payment Claims Due

12/21/2023

The ISAC Gift Assistance Programs (GAP) Access portal is now open for submission of second-term claims for the 2023-24 Monetary Award Program (MAP).

Colleges may submit both first- and second-term payment claims by accessing the MAP system within GAP, as well as by File Transfer Protocol (FTP), and are encouraged to do so as soon as possible. Keep in mind that claims may be submitted no more than 10 days prior to the start of classes for the term for which they are being requested. Even though the MAP priority claim deadline date of December 8, 2023 has passed, ISAC is continuing to accept first-term claims and will hold them as late, to be considered for payment later in the year.

The 2023-24 MAP priority claim deadline date for the second term will be announced once it has been established.

Payment Results

The timely submission of claims and cancellations/adjustments allows ISAC to monitor remaining funds and award other students, as applicable. Colleges should always review the Payment Results/Exceptions report, which is available the day after claims are processed. MAP payment results are available for review every weekday.

Disbursement and Reconciliation

The disbursement of funds is processed by the State Comptroller's Office.

• Refer to the State Comptroller's website page, located within the Processes section of the Financial Aid Administrators area, for information on how to track payment.
• Refer to the MAP Payment area to view information regarding a report for tracking payment vouchers and warrants available via the online system.

Because Payment Offset and Reconciliation procedures apply to MAP, refund checks should not be sent for cancellation/adjustments made throughout the award year. Funds should be returned to ISAC only after a final reconciliation has been completed at the end of the regular school year.

More information regarding payment functionality, including detailed instructions, is available at:

• MAP Electronic Processing
• MAP User Guide

ECACE Payment Claim Reminder – Due December 29

Colleges are strongly urged to complete and submit first-term payment request data for the Early Childhood Access Consortium for Equity (ECACE) Scholarship Program as soon as possible. To be considered timely, 2023-24 first-term claims must be submitted on or before Friday December 29, 2023.

Resources:

• ECACE Electronic Processing
• ECACE User Guide

Future program updates will be shared via ISAC's standard methods of communication, including 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 protected].