The Illinois Student Assistance Commission (ISAC) is suspending the announcement of 2016-17 Monetary Award Program (MAP) grants for applicants (except dislocated workers*) whose initial 2016-17 Free Application for Federal Student Aid (FAFSA®) is received by the Central Processing System on or after Thursday, March 10.
MAP awards are made on a first-come, first-served basis for eligible students, and available funding runs out quickly for the program.
This year, if your FAFSA is received on or after Jan. 1, but before the Thursday, March 10, suspense date and you are eligible for MAP, you should expect to receive an estimated MAP award. If you are eligible for MAP but your FAFSA is received after the applicable suspense date, you might still have an opportunity to receive a MAP grant, and you would be notified later in 2016 or early 2017 if funds become available.
This initial suspense date does not apply to idependent student applicants who are dislocated workers. Dislocated worker applicants will continue to have awards announced until such time that a dislocated worker suspense date is determined.
For quick reference, see the chart online.
If you have not yet filled out a FAFSA, we encourage you to do so immediately. The FAFSA determines eligibility for financial aid other than MAP for which you might be eligible, such as federal Pell grants and institutional aid. Also, if MAP funds do become available later in 2016 or early 2017, the only way you can be considered for MAP is to file a FAFSA. You may file your 2016-2017 FAFSA even if you haven’t yet completed your taxes – simply estimate your taxes.
To view some frequently asked questions, visit http://www.isac.org/students/during-college/types-of-financial-aid/grants/monetary-award-program/suspense-1617-map-grants.html.
For more information, call (866) 247-2172 or email [email protected].