Agenda Book – April 17, 2025

Joint meeting of the Illinois Student Assistance Commission, Investment Committee & Investment Advisory Panel

April 17, 2025
1:00 p.m.

Deerfield Office
3^rd Floor – Room 3030
1755 Lake Cook Road
Deerfield, Illinois

Springfield Office
3^rd Floor Conference
500 W. Monroe
Springfield, Illinois

1. Announcements
2. Approval of the Minutes
   1. Approval of the minutes of the October 24, 2024 Investment Advisory Panel Meeting (Action: Investment Advisory Panel)
      Action Taken: Approved
   2. Approval of the minutes of the December 5, 2024 Investment Committee Meeting (Action: Investment Committee)
      Action Taken: Approved
   3. Approval of the minutes of the December 5, 2024 Commission Meeting (Action: Commission)
      Action Taken: Approved
3. Approval for the Destruction of Open Meeting Verbatim Records of April 13, 2023
   1. Approval of Investment Advisory Panel Open Meeting Verbatim Records for Destruction (Action: Investment Advisory Panel)
      Action Taken: Approved
   2. Approval of Investment Committee Open Meeting Verbatim Records for Destruction (Action: Investment Committee)
      Action Taken: Approved
   3. Approval of the Commission Open Meeting Verbatim Records for Destruction (Action: Commission)
      Action Taken: Approved
4. College Illinois!^® Prepaid Tuition Program Investments
   1. Investment Advisory Panel Comments (Informational)
   2. Investment Update (Informational)
   3. Approval of Changes to the Watch List (Action: Investment Committee)
      Action Taken: None Required
   4. Compliance Review (Informational)
5. Executive Director’s Report (Informational)
6. Approval of Fiscal Year 2026 Monetary Award Program (MAP) Revised Start-Up Formula (Action)
   Action Taken: Approved
7. Approval of Proposed Administrative Program Rules and Amendments (Action)
   Action Taken: Approved
8. State Legislative Update (Informational)
9. ISAC Strategic Plan Update (Informational)
10. Audit Committee Update (Informational)
    1. Approve Revised Audit Committee Charter (Action)
       Action Taken: Approved
11. Public Comment
12. Closed Session