Financial Aid Officer

Job description

OVERVIEW:

nThe purpose of the Financial Aid Officer is to guide students through the financial aid process and ensure they are properly funded. The Financial Aid Officer coordinates with admissions and academics to keep the students engaged and on-track.

BUSINESS CONTRIBUTIONS:

nThe role of Financial Aid Officer is to ensure that students are properly funded, packaged, and prepared to start each semester. This is accomplished by making sure that:

nnStudents are made aware of all available funding options

nStudents are properly vetted and appropriately packaged

nFunds are posted in a timely manner

n ESSENTIAL FUNCTIONS:

nConducting Initial Overview with Student:

nnProvide basic overview of financial aid process

nAssist with filling out FAFSA form

nExplain forms and direct to web-sites for additional information

nProvide checklist of documentation needed for second appointment

nProvide Federal guide (requirement)

n Conducting Financial Aid Review with Student:

nnProvide information and assess student financing needs

nReview FAFSA for Title IV eligibility

nCounsel on financial aid eligibility and financing options

nCheck Veteran's Affairs verifications/GI Bill

nDiscuss grants and scholarships

nReview registration schedule

nCreate cost estimate and review with studentnnBreakdown expenses and fees

nDiscuss any balance and additional private financing options

nWhere applicable - review "parent for loan" option

n n

nAcquire necessary documents from lenders

nProvide necessary documents to lenders

nEnter student data into system

nSet-up student financing package

n Reviewing and Following-up on Initial Packaging:

nnReview ISIR

nReview any C-flags or H-flags

nIf selected for Federal verification, get verification documents

nFollow-up on private loan approvals

nScan to DRS

nSubmit to Director of Financial Aid for review and processing

nWork with Bursar to post cash payments

n Monitoring and Tracking Financial Aid Packages:

nnReview monthly start date reports

nReview monthly account balance reportsnnInvestigate account balance issues

nMonitor for potential defaults

nFollow-up on potential and actual defaults

n n

nTrack Sally Mae, government/private scholarship, grant, and private loan postings

nTrack drops and academic dismissals

nRe-package continuing students

n Preparing Graduating and Exiting Students (graduating, dropped, and dismissed students):

nnConduct exit interviews

nDiscuss payment responsibility

nDiscuss loan consolidation

nClear balance with Southeastern College

n PHYSICAL DEMANDS:

nThe physical demands are those required in a professional office setting: sitting, working on a computer, using a telephone, communicating with coworkers and getting to and from appropriate campuses.

WORK ENVIRONMENT:

nProfessional office setting: moderate noise levels and controlled indoor climate.

nReasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

LOCATION:

nThis position is an onsite position located at your campus unless otherwise determined by the Chancellor and/or designee. Any changes must be reviewed by the Campus President/Vice President and all final approvals must come from the Chancellor and/or designee.

BENEFITS

nn401(k)

n401(k) matching

nDental Insurance

nHealth Insurance

nVision Insurance

nPaid time off

n

Who can apply

Review the original listing for work authorization, qualifications and employer requirements.