Miscalculation costing ISU $50,000 in MAP grants

A miscalculation by the Illinois Student Assistance Commission is going to cost Illinois State University about $50,000, according to university leaders, Pantagraph reports. The state agency is reducing by about 10 percent the grants awarded to about 9,800 students through the Monetary Award Program because it ran short of funds. Statewide, that comes to about $2 million. For Heartland Community College, it means a loss of about $8,100, President Allen Goben said. ISAC spokesman John Samuels said the problem happened when more students than expected claimed their grants this spring.

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