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The Illinois Student Assistance Commission (ISAC) is a quasi-public, ten-member panel with a permanent staff. It operates several key Illinois programs of higher education and tuition assistance, of which the largest is the Monetary Award Program (MAP) grant program for eligible Illinois college students. It was founded in 1957.
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An important objective of the program is to counsel participants on financial aid options, including basic financial planning skills, and to assist in the application process. The goal of the EOC program is to increase the number of adult participants who enroll in postsecondary education institutions. [9] Veterans Upward Bound
The credit amount is phased out gradually once a taxpayer's modified adjusted gross income exceeds $50,000 ($100,000 if filing jointly) and the credit is phased out entirely once a taxpayer's modified adjusted gross income exceeds $60,000 ($120,000 if filing jointly). [6]
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