Wed, 03/23/2011 by Illinois Student Assistance Commission (ISAC)
Because of the high demand, the Illinois Student Assistance Commission (ISAC) is suspending the Monetary Award Program (MAP) grants earlier than ever! This means that all students whose initial FAFSA submissions are received after Friday, March 25 will not be eligible for the possibility of up to $5,000.
That’s why early FAFSA filing is so important. Of course, MAP makes up only a portion of the available funds awarded through the FAFSA, so students should continue to complete the forms even if they miss the MAP deadline.
New Suspension Date is March 26
New Effective Date for Suspension of MAP Award Announcements is March 26, 2011
The Illinois Student Assistance Commission (ISAC) has approved a limited extension for the announcement of 2011-12 Monetary Award Program (MAP) awards. As a result, ISAC is suspending the announcement of MAP grants for all students whose initial 2011-12 Free Application for Federal Student Aid (FAFSA) is received by the Central Processing System (CPS) on or after Saturday, March 26, 2011. The previously-announced suspension date of March 21 is no longer in effect.
The March 26 suspension date, which is three weeks earlier than the mid-April suspension date that was implemented for 2010-11 processing, is based on a combination of the latest calculation of available program funds and the temporary unavailability of FAFSA on the Web over the past weekend.
Watch for Further Information
As operational details are finalized, the ISAC Gift Assistance Programs area (which may be accessed via www.collegeillinois.org/faa) will be updated to reflect the suspension of 2011-12 MAP award announcements. Be sure to regularly visit the MAP Program News page for new updates, and watch for future communications via the College Illinois! e-Messaging system.