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The Position
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The Financial Aid Processing Specialist provides comprehensive guidance and support to students and families regarding financial aid options. This role encompasses a broad range of responsibilities, including general financial aid knowledge dissemination, processing of federal and state aid, FAFSA updates, and Return of Title IV calculations. The ideal candidate will possess a strong understanding of financial aid regulations and procedures, excellent communication skills, and a commitment to student success. Classification: Non-Affiliated Administrator Staff Duration: Full Time 12 months
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What You Will Do
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- Provide accurate and timely information to students and families regarding all aspects of financial aid, including federal, state, and institutional aid programs, eligibility requirements, application procedures, and award packaging.
- Counsel students and families on financial planning, budgeting, and debt management.
- Process federal financial aid applications (FAFSA), including verification, awarding, and disbursement of funds.
- Manage all aspects of state grant programs, ensuring compliance with state regulations and deadlines. This includes application processing, award notification, and reconciliation.
- Perform daily federal processing tasks, including but not limited to, loading FAFSA into the system, resolving conflicting information, tracking student eligibility.
- Maintain up-to-date knowledge of federal and state financial aid regulations, policies, and procedures.
- Perform Return of Title IV calculations and ensure compliance with regulations.
- Collaborate with other departments to ensure seamless delivery of student services.
- Participate in professional development activities to stay current on financial aid regulations and best practices.
- Maintain accurate and organized student records.
- Other related projects and duties as assigned.
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The Successful Candidate Must Have
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- Associate's Degree with four (4) years of experience in higher education, preferably in financial aid.
- In lieu of full experience requirement, a Bachelor's Degree and two (2) years of experience in higher education, preferably in financial aid.
- In-depth knowledge of federal and state financial aid regulations, including Title IV.
- Experience with FAFSA processing, verification, and awarding.
- Experience with state grant programs.
- Proficiency in Microsoft Office Suite and student information systems (e.g., Ellucian Colleague).
- Excellent communication, interpersonal, and presentation skills.
- Strong analytical and problem-solving skills.
- Superior attention to detail and accuracy.
- Ability to work independently and as part of a team.
- Commitment to providing excellent customer service to students.
- Ability to work a flexible schedule as the role will require working late nights on occasion.
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Even Better If You Have
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- Experience with Ellucian Colleague.
- Certification in Return of Title IV Processing
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