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ISAC Update

ISAC Update. June 16, 2011. State Budget Update. Illinois General Assembly adjourned its Spring legislative session on May 31 A pproved a fiscal year 2012 budget that spends significantly less than had been requested by the Governor

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ISAC Update

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  1. ISAC Update June 16, 2011

  2. State Budget Update • Illinois General Assembly adjourned its Spring legislative session on May 31 • Approved a fiscal year 2012 budget that spends significantly less than had been requested by the Governor • Legislators approved $386,680,000 for MAP, which is $17.2 million less than FY11 levels • Also eliminated state support for the Student-to-Student grant program in FY12

  3. State Legislative Update • Variety of financial aid-related bills/changes passed by both houses and sent to the Governor • See the June 6 Legislative Update posted to the e-Library for a summary

  4. Commission Meeting Schedule • Next meeting is July 8, 2011 • Rescheduled from June 17 • James R. Thompson Center in Chicago • MAP recompute formula will be one of the agenda items • Remaining meetings for 2011 • September 16 -- Southern Illinois University, Carbondale • November 18 -- Robert Morris University, Chicago

  5. July 1, 2011 Rule Changes • Grant Programs for Dependents of Police/Fire/Correctional • Clarifies that when a disability is involved, the child must be in the legal custody of the officer at the time the injury was sustained. • Special Education Teacher Tuition Waiver Program • New amendments provide clarification to ensure it is the university making the determination that a student is accepted or enrolled in a Special Education program in order for the student to be considered an eligible applicant. • An additional modification allows an exception to the repayment period start date when a tuition recipient is transferring from one participating university to another and is continuously enrolled but not yet admitted to the special education teacher program.

  6. July 1, 2011 New Rules • Public Act 96-1299 created the new Community College Transfer Grant Program • Provides grant assistance, subject to appropriation, to students who have received an associate’s degree at an Illinois community college and who are pursuing a baccalaureate degree at a public or private institution of higher education in Illinois. • Effective date of the legislation was July 1, 2010, however, the program was not funded for FY2011. • Rules regarding applicant eligibility requirements, program procedures and institutional procedures have been established in the event an appropriation is received for FY2012 and beyond.

  7. 2010-11 Award Year

  8. 2010-11 Program News • Illinois National Guard (ING) Grant • Summer term payment requests are due on or before Friday, July 1, 2011 • Grant Programs for Dependents of Police/Fire/Correctional Officers • Summer term payment requests are due on or before June 17, 2011 • Student to Student Grant Program • second semester/third quarter payment claims were due June 15, 2011

  9. 2010-11 Close Out • Schools are encouraged to reconcile program data and report all adjustments and cancellations as soon as possible • Appropriation balances are impacted by the return of program funds. • The MAP offset process is continuously monitored as decisions concerning releasing payment of MAP late claims are being considered.

  10. 2010-11 Close-Out • All submissions of 2010-11 payment requests (including initial claims and supplemental claims) for ISAC-administered gift assistance programs must be received on or before July 1, 2011 • Exception: Robert C. Byrd Honors Scholarship Program had a payment request deadline of May 15

  11. 2010-11 MAP Close-Out Dates • July 1, 2011 • All 2010-11 payment requests (initial claims and supplemental claims) are due • July 29, 2011  • Deadline to submit MAP cancellations, refunds, or reductions via MAPnet until the site becomes unavailable at 7 p.m. • July 31, 2011 • Generate all necessary 2010-11 reports (including Payment Results Reports and Payment Results Summary Reports) • August 1, 2011 • MAPnet application for 2010-11 becomes available for historical view only

  12. Reconciliation Reminders • Payments must be reconciled on a student-by-student basis. • When returning funds, use Check Return Form to specify programs, amounts, terms, check information, etc.

  13. 2011-12 Award Year

  14. 2011-12 Program News • Silas Purnell Illinois Incentive for Access Grant • No funding for 2011-12 • Student to Student Program of Matching Grants • No state funding for 2011-12 • Robert C. Byrd Scholarship Program • No federal funding for 2011-12

  15. 2011-12 Program News • Teacher Education Scholarship Programs – IFTC, MTI and Golden Apple • Certifications available in My Zone • Only applicants with a completed certification will receive a notification letter regarding their eligibility • Only applicants with a complete and eligible certification record will be considered for an award • Currently, there are more then 400 outstanding certifications • Initial qualification process started on June 1 • Corrections cannot be made online in My Zone after an eligible record has been qualified • Contact School Services for assistance

  16. 2011-12 Program News • Illinois National Guard Grant • Online application available; deadline dates are: • October 1 – full year consideration • March 1 – spring and summer terms • June 15 – summer only • Special Education Teacher Tuition Waiver • Award notifications were sent to 250 recipients on April 25, 2011 • No longer accepting applications

  17. 2011-12 Program News • Bonus Incentive Grant • Application will be available on August 1, 2011 • Grant Programs for Dependents of Police, Fire and Correctional Officers • New application is available at collegeillinois.org • Deadline dates: • October 1 – full year consideration • March 1 – spring and summer terms • June 15 – summer only

  18. Training Events • ISAC Workshops • Financial Aid 101, June 21 • Financial Aid 201, June 22 • Both will be held at Prairie State College in Chicago Heights, IL • Email: Kimberly.Eck@isac.illinois.gov to register • Veteran program sessions in July/Aug • Dates to be determined • Other requests/suggestions

  19. Federal Update

  20. Pell Grant • DCL P-11-02, issued April 27, 2011, provides guidance on the impact of the Department of Defense and Full-Year Continuing Appropriations Act on the Pell Grant Program for award year 2011-12 • Confirms that second scheduled Pell awards are being eliminated beginning with award year 2011-12 and includes information on: • changes made to the eligibility of students for a second scheduled award • changes to the requirements for awarding a Pell Grant for a 2011 crossover payment period • Maintains a maximum award of $5,550 for 2011-12

  21. Program Integrity Rules • Gainful Employment • DCL GEN 11-10 • Definition of a Credit Hour • DCL GEN-11-06 • State Authorization • DCLs GEN 11-05 and GEN 11-11 • Incentive Compensation • DCL Gen-11-05

  22. Program Integrity Rules • Misrepresentation • DCL GEN 11-05 • Ability to Benefit • DCL GEN 11-08

  23. www.sheeo.org/stateauth/stateauth-home.htm

  24. wcet.wiche.edu

  25. ifap.ed.gov/GainfulEmploymentInfo/index.html

  26. Other Important Guidance … • DCL GEN-11-0 • Explains enhancements to FAFSA-IRS Data Retrieval Process • Summarizes ED’s plans for the 2012-13 FAFSA processing cycle to increase accuracy of information used to determine students’ eligibility for federal student aid • DCL GEN 10-16 • Provides guidance for helping Title IV participants affected by a natural disaster

  27. Questions/Comments? Thank you for participating today!

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