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

April 17, 2025
1:00 p.m.

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

Springfield Office
3rd 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