- Assess student needs and interests and develop viable plans and alternatives.
- Administer federal and state financial aid programs and coordinate with the college's Student Accounts and with federal and state reconciliation systems.
- Comply with Title IV federal regulations and state regulations in regards to delivery of funds to students.
- Analyze student data and certify eligibility for program participation as required; interpret apply and explain complex rules, regulations, requirements and restrictions.
- Perform qualitative and quantitative analysis of a variety of documents, including but not limited to: federal tax returns, official academic transcripts, immigration documents, Selective Service correspondence, Social Security documents, court orders, and medical transcripts.
- Verify application information and supporting documentation; recalculate financial need as required; evaluate special circumstances influencing need analysis results and recommend appropriate changes in awards.
- Advise students on relevant financial aid processes and procedures including, but not limited to, Satisfactory Academic Progress appeal procedure, Verification, Dependency Override; Special Circumstances, and provide awarding notifications.
- Advise and counsel students who are in default of their student loans; work with loan servicers, U.S. Department of Education, and other appropriate organizations in order to cure delinquent student loan accounts.
- Plan, organize, and conduct orientations and workshops; deliver oral presentations to students, parents, counselors, and others.
- Audit files and determine students' continued eligibility for financial aid.
- Refer students to social service agencies and other community resources as appropriate.
- Research and maintain current knowledge of federal and state regulations and requirements for financial aid and student loan programs to ensure compliance and accurate distribution of information.
- Provide technical expertise to other personnel, faculty, students and the public regarding financial aid programs and services.
- Analyze both internal and external financial aid reports assessing for accuracy and completeness
- Compile, prepare and maintain reports, files, records, and correspondence related to financial aid matters, including but not limited to those required by program auditors.
- Assist in training new staff as requested
- Perform related duties as required.
- Bachelor's degree in business, accounting, finance or related field with 1 year of direct experience working in Financial Aid or 3 years of related experience; OR Associate's degree in business, accounting, finance or related field with 3 year of direct experience working in Financial Aid.
- Proficient in Microsoft Office Suite.
- Strong analytical and quantitative skills.
- Strong problem identification and critical thinking skills.
- Strong organizational and prioritization skills.
- Strong attention to detail.
- Strong verbal and written communication skills.
- Strong interpersonal skills, including the ability to establish and maintain cooperative and professional working relationships with others.
- Bachelor's degree in business, accounting, finance or related field.
- Demonstrated proficiency with, and knowledge of, complex federal, state and institutional student aid regulations and policies, including Federal Methodology and Needs Analysis.
- Demonstrated knowledge of and experience with financial aid programs and systems acquired by administrative work in a post-secondary financial aid office.
- Knowledge of Title IV federal financial aid regulations.
- Experience with the People Soft system or similar student information system.
- paid time off;
- 10 paid holidays;
- medical, dental, vision, life and long-term disability insurance;
- tuition waivers for employee, spouse and dependent children;
- on-site childcare center;
- 403(b) retirement plans; and
- State University Retirement System pension plan.
- Yes
- No
- No experience
- Beginner
- Intermediate
- Advanced
-
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Advisor- Financial Aid - East Peoria, United States - Illinois Central College
Description
Salary: $43, $49,525.00 AnnuallyLocation : East Peoria Campus, IL
Job Type: Full-time
Job Number:
Department: Financial Assistance
Opening Date: 05/08/2024
Closing Date: 6/2/2024 11:59 PM Central
EEO Statement: Illinois Central College provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, gender, national origin, age, ancestry, pregnancy, physical or mental disability, sexual orientation, gender identity or expression, marital or familial status, order of protection status, use of VESSA rights, genetic information, military or veteran status (including discharge status), or any other protected status in accordance with applicable federal, state, and local laws.
Summary
The Financial Aid Advisor delivers student financial aid advising to prospective and currently enrolled students and their families. The Advisor will provide information/referral for other funding sources, process applications, determine financial aid and loan eligibility, issue awards, assess student needs and interests and develop viable plans and alternatives, perform other tasks related to the administration and implementation of the student financial aid programs. The Financial Aid Advisor has a high technical knowledge of financial aid programs.
Essential Functions
This list is meant to be representative, not exhaustive. Some incumbents may not perform all the duties listed while in other cases related duties may also be assigned. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Do you have a bachelor's degree in business, accounting, finance, or related field with 1 year of direct experience working in Financial Aid or 3 years of related experience OR an associate's degree in business, accounting, finance, or a related field with 3 years of direct experience working in Financial Aid?
Which of the following best describes your level of proficiency with the Microsoft Office Suite?
