- Move student accounts to sponsor contracts, manage sponsor organizations (over 3500), invoice sponsors and various industry and government systems including the military.
- Process credit card payment for sponsor organizations. Adjust sponsor accounts for drops, reconcile sponsor accounts, and refund sponsors when required.
- Review past due invoices for sponsor contracts and reach out to resolve balances.
- Maintain sponsor information by reviewing and updating contact information in a timely matter.
- Review accounts to ensure accuracy of charges and charge adjustments.
- Electronically bill students. Send electronic communications regarding bills and paper bills to past due students.
- Serve as the primary point of contact for student and sponsor inquiries via phone, text message, email, and in-person.
- Assist students and sponsors in navigating payment options including electronic payments and payment plan options. Connect students with financial need to appropriate assistance and staff.
- Work with various college departments to resolve disputes, enrollment issues, or discrepancies.
- Explain to students and staff the WTCS and FVTC policies that impact the student account. Point students to appropriate appeal procedures when appropriate.
- Review pertinent information from the daily bank activity, apply wire payments and ACH payments appropriately to student accounts including those from the Veteran's Administration daily.
- Process non-sufficient funds (ACH and paper checks) to ensure the cash accounting and accounts receivable is handled correctly.
- Reconcile bookstore related transactions on student accounts to invoices from third-party bookstore.
- Manage the stale check process. Reaching out to students to cashed/reissues/void checks.
- Update website and communication each term with due dates and other important student account dates.
- Provide up to date information for New Student Registration packets.
- Perform job in compliance with Family Education Rights and Privacy Act (FERPA).
- Stay informed about rules and regulations related to collections including bankruptcy and statute of limitations and handle accounts appropriately.
- Perform work in compliance with Department of Education regulations related to Financial Aid including ensure students receive financial aid related refunds timely and collect on accounts that have a return of Title IV funds.
- Perform work in compliance with WTCS Administrative guidelines and the FVTC Policy.
- Ensure transactions on student accounts are accurately reflected on the 1098T in compliance with applicable Internal Revenue Service guidelines.
- Associate Degree in Accounting or related area; AND
- Two years of related work experience, OR
- An equivalent combination of related education, training, and experience.
- Intermediate skills in Microsoft Excel is required.
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Specialist I - Appleton, United States - Fox Valley Technical College
Description
Job CategoryRegular Support Staff
FVTC Worksite
Appleton Main Campus
Hourly Rate
$22.29
Hours Per Week
40
Note to internal applicants: Do not apply via this portal. Login to your Workday Account and Find Internal Career Opportunities through the Internal Portal.
Job Description Summary
Student Finance Specialists are responsible for managing student accounts, billing students, providing customer service, collecting on delinquent accounts, processing financial transactions, moving charges to sponsored contracts and invoices, and reconciling cash, revenue, and financial aid accounts. This position serves as backup to Student Finance Specialist Senior and processes refunds.
Work Schedule: Monday, Tuesday, Thursday, Friday; 8:00AM to 4:30PM; Wednesday; 8:00AM to 6:00PM (Rotate coverage of later hours).
Job Description
ESSENTIAL JOB FUNCTIONS
Sponsor Contracts/Third-party billing
Starting pay: $22.29 per hour.
Note: Internal applicants' wages will be based on the applicable compensation structure.
FVTC strongly and actively strives to increase diversity and provide equal opportunity within its community. FVTC does not discriminate against persons based on age, color, disability, ethnicity, gender, gender expression, gender identity, genetic information, height, marital status, national origin, political persuasion, pregnancy, childbirth or related medical conditions, race, religion, sex, sexual orientation, transgender status, veteran status, weight or any other protected class.
