Of more than one-hundred-forty required reviews of schools receiving Monetary Award Program funds over a three year period, the Illinois Student Assistance Commission only reviewed twenty-nine. That’s according to the state’s Auditor General.
The ISAC audit published Thursday indicates that of the twenty-nine schools reviewed the Commission recovered more than four-hundred-seventeen-thousand dollars from students who had become ineligible after the initial award. Over that same three-year period the commission awarded over one-billion dollars in MAP funds. The Auditor’s report recommends the Commission perform timely reviews as required by law.