2024-25 Monetary Award Program (MAP) Announcement

12/17/2024

Now that the fall-term claim deadline date for the 2024-25 Monetary Award Program (MAP) has passed and fall claim rates have been analyzed, it has been determined that ISAC will need to apply a reduction factor to the 2024-25 maximum annual MAP award amount before opening for spring semester and second/third quarter claims.

A significant increase in the number of enrolled students at MAP-approved institutions for the Fall 2024 term resulted in much higher claim rates than the program has experienced in over a decade. While this is great news for the students, colleges, and the State of Illinois, it has had a significant and unexpected impact on the administration of 2024-25 MAP, and will not feel like great news for this year’s MAP recipients.

In order to remain within appropriation as we continue to provide MAP awards for the remainder of the 2024-25 award year, the maximum annual MAP award amount will be reduced by 4% for all MAP-eligible students. However, to minimize administrative challenges that would occur by reducing already paid fall-term claims, the reduction amount will only be reflected in second semester and second/third quarter eligible amounts and payment claims. For semester institutions, this means that the spring term will see an 8% reduction in the maximum eligible award amount, and for quarter institutions, there will be a 6% reduction in the maximum eligible award amount for both second and third quarters.

ISAC is working rapidly to make the needed updates for institutions in GAP Access. Please note that there will be a period when the MAP Program will be unavailable in GAP as these processes are updating. Additional details regarding the implementation timeline for recomputed award amounts and the start of Spring 2025 payment claim requests will be provided soon in a follow-up e-message. In the interim, this message serves to make you aware of the reduction for planning purposes.

Please plan to join ISAC’s Partner Services Department at their Monthly Update Webinar on Wednesday, December 18 at 2 p.m., where they will provide more details and will be available to answer your questions. To participate, visit the Partner Training page in the e-Library on the day of the event to access the webinar link and presentation materials.

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, please contact School Services by sending an e-mail to isac.schoolservices@illinois.gov or calling 866.247.2172