JB Pritzker, Governor, State of Illinois

2024-25 MTI Updates: Awarding and Payment

09/19/2024

Unless otherwise noted, links in this message are to corresponding pages at the Illinois Student Assistance Commission (ISAC) website (isac.org).

This message announces that awarding has commenced for the 2024-25 Minority Teachers of Illinois (MTI) Scholarship Program, and colleges may begin submitting payment requests (i.e., claims) for the first term.

Awarding Has Commenced

Awarding has taken place for all 2024-25 MTI Scholarship Program applicants who have been certified as eligible. Award notifications (dated September 19, 2024) are being mailed to awarded students by ISAC.

Future rounds of awarding will follow the priority order outlined in the Award Determination for MTI section of the ISAC Gift Assistance Programs area, with timely renewal applicants first in the order.

Award Information Available via the MTI System

Colleges may now access 2024-25 eligible award information, including funded or unfunded status, using the MTI system. Award results may be viewed using the "Student List Eligibility: View" screen of the MTI system.

First-Term Payment Requests Being Accepted

Initial payment request records are also now available via the MTI system, allowing 2024-25 MTI payment processing to commence.

Submit First-Term Payment Requests by December 31st

  • In order to be considered timely, first-term payment requests for the 2024-25 MTI Scholarship Program must be submitted on or before Tuesday, December 31, 2024.
  • Colleges are always encouraged to submit payment requests as soon as they are able to do so.
  • The timely submission of payment requests and cancellations/adjustments allows ISAC staff to monitor remaining funds and award other students, as applicable.

Processing Reminders

  • Submitting MTI payment requests is a two-step process, which involves generating the request (either individually or in a batch) and then submitting the request.
  • Payment functionality is available each day between 7 a.m. and 10 p.m. (CT).
    • Payment requests submitted by 7 p.m. (CT) will be included in that night's processing, with payment results available the next business day.
    • Results for payment requests submitted after 7 p.m. (CT) will be included in the following night's processing.
  • Results for payment requests received are provided via the MTI system.
    • The Payment Result Summary and Invoice Detail Report can be viewed or printed by selecting the Report tab in the MTI system the day after a payment request has been processed.
      • The report includes Payment Results, Payment Exceptions and Invoice Detail about the payment claim.
      • Be sure to review the report to see which requests, if any, did not process as expected.
  • The disbursement of funds is processed by the State of Illinois Comptroller's Office.
  • Because Payment Offset and Reconciliation procedures apply to the MTI Scholarship Program, refund checks should not be sent for cancellations/adjustments made throughout the award year.
    • Funds should only be returned to ISAC after a final reconciliation has been completed at the end of the regular school year.

Certification Reminder

In order to ensure qualified applicants are considered for available program funding, be sure to continue certifying records for both renewal and new applicants so they are included in future rounds of MTI awarding and receive the appropriate notifications.

Resources Available Online

Watch for Future Updates

Future updates will be announced via ISAC's usual means of communication (e.g., the FAA Message Board, the MTI Program News page, and/or this e-Messaging system).

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 isac.schoolservices@illinois.gov.