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Upcoming Important Dates from ISAC

05/28/2019

The Illinois Student Assistance Commission (ISAC) would like to make you aware of the following information, which may be of interest to you and/or your customers.

Unless otherwise noted, links in this message are to corresponding pages at ISAC’s website (isac.org).

June 28: Unreported Loan Reports Responses Due

Responses to the National Student Loan Data System (NSLDS®) Lender Manifest Report of Unreported Loans (Unreported Loans Report), distributed on May 21, are due to ISAC on or before Friday, June 28, 2019. We provide this report to lenders and servicers twice a year, in order to assist in determining whether all loans that appear in a loan portfolio have been reported to ISAC. Further details are provided in a May 22 e-Message.

July 18: College Changes Everything® Conference

Register today for the ninth annual College Changes Everything® conference – the state’s premier college access and success event – which will take place on July 18, 2019, at the Tinley Park Convention Center. Further details are provided in a May 13 e-Message, as well as at the 2019 Conference page of the College Changes Everything website.

2019-20 FAFSA® Remains Available

Let your customers know that, although ISAC has suspended the announcement of 2019-20 Monetary Award Program (MAP) grants to all students whose initial 2019-20 Free Application for Federal Student Aid (FAFSA®) is received by the federal processor on or after April 29, 2019, the 2019-20 FAFSA remains available online. Students who will be attending college between July 1, 2019 and June 30, 2020 should be encouraged to complete and submit the 2019-20 FAFSA as soon as possible, if they have not already done so. FAFSA results are used to determine eligibility for other forms of federal, state and institutional financial assistance. The suspension of 2019-20 MAP award announcements does not impact any other financial aid programs.

Details regarding the 2019-20 application cycle may be accessed via the Applying for Financial Aid section of the e-Library.

Holiday Schedules

ISAC offices will be closed for the following holiday:

  • Thursday, July 4 – Independence Day
    ISAC offices will reopen on Friday, July 5.

Processing Schedules

Common Account Maintenance (CAM) files received on a holiday will be staged for processing that evening, with results available the morning of the next business day. For example: Results for CAM files submitted on Thursday, July 4 will be available the morning of Friday, July 5.

For Assistance

Access the Lenders area anytime, or send an e-mail message to ISAC’s Lender Services Department. With the exception of days when the ISAC offices are closed, ISAC staff will review and respond to messages during regular business hours (Monday through Friday, 8:30 a.m. – 4:30 p.m. CT).

You are receiving this message because you registered for ISAC's e-Messaging service through one or more subscription groups for Lenders.

If you have any questions regarding this e-Message, please contact ISAC's Lender Services Department by calling toll free at 800.477.4411 or sending an e-mail message to isac.lenderservices@illinois.gov.