Financial Aid Specialist
Job Description
- Performs specialized duties involved in processing and evaluating application materials and funding of financial aid opportunities to eligible students.
- Verifies initial and continuing eligibility of students who have applied for or been granted financial aid and informs affected students of their status; resolves issues related to overpayments, concurrent enrollment, return to Title IV program coordination, and other financial aid issues in a timely manner.
- Verifies financial aid files to ensure accuracy of information provided by parents and students on financial aid applications in conjunction with IRS forms, social security records, and various agencies used to determine financial aid eligibility according to federal guidelines and forms.
- Analyzes and reviews applications and required documentation to determine financial need and program eligibility for a variety of federal, state, and District programs.
- Packages financial aid awards using standard needs analysis as defined in accordance with specific federal, state, and local guidelines; conducts entrance and exit counseling sessions with students.
- Authorizes and posts loan amounts to student accounts; makes adjustments as needed; reconciles and refunds disbursements.
- Provides accurate and timely reporting of student and aid information to lenders, servicers, and guaranty agencies.
- Assists in the planning and organizing of outreach activities targeting students eligible for special assistance and/or services.
- Coordinates and conducts workshops and presentations on various topics related to financial aid programs; creates, develops, and revises workshop materials, handouts, and packets.
- Prepares and maintains various programmatic and/or student files and records.
- Gathers, assembles, updates, and distributes a variety of department specific information, forms, records, and data as requested; prepares and maintains a variety of databases and reports.
- Provides information to students, parents, and District staff that requires the use of judgment and the interpretation of rules, regulations, policies and procedures; meets with students, parents, and District staff to obtain data, interpret information, and answer questions; prepares correspondence independently to answer questions, request information, or provide explanations.
- Assists in the implementation of special projects and programs as assigned.
- Maintains accurate and detailed spreadsheets, files, and records, verifies accuracy of information, researches discrepancies, and records information.
- Researches, compiles, and organizes information and data on topics related to programs in assigned area; prepares and assembles reports, manuals, articles, announcements, and other informational materials.
- Provides technical and functional direction to assigned student workers; gives work assignments; reviews and controls quality of work; trains student workers and other staff in work principles, practices, methods, policies, procedures, and applicable federal, state, and local laws, rules, and regulations.
- Learns and applies emerging technologies and, as necessary, to perform duties in an efficient, organized, and timely manner.
- Performs related duties as assigned.
*Please mention you saw this ad on AcademicJobs.*