OFFICE OF THE AUDITOR GENERAL
WILLIAM G. HOLLAND


REPORT DIGEST

ILLINOIS STUDENT ASSISTANCE COMMISSION
DESIGNATED ACCOUNT PURCHASE PROGRAM
FINANCIAL AUDIT
FOR THE YEAR ENDED JUNE 30, 1996

INTRODUCTION

This digest covers our financial audit of the Illinois Student Assistance Commission - Designated Account Purchase Program for the year ended June 30, 1996.

AUDITORS' OPINION

Our auditors stated the June 30, 1996 financial statements of the Program are fairly presented.



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WILLIAM G. HOLLAND, Auditor General

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SPECIAL ASSISTANT AUDITORS

Pandolfi, Topolski, Weiss & Co., Ltd. were our special assistant auditors for this audit.