Financial Aid Officer Jobs

As a Financial Aid Officer, you play a crucial role in helping students navigate the complex world of financial aid. Your responsibilities include assessing students' financial needs, guiding them on available aid programs, and assisting with applications for grants, scholarships, and loans. You also provide financial counseling to help students manage their finances wisely during their academic journey. The job market for Financial Aid Officers is expected to grow as more students seek financial support for their education. The average salary range for this role is between $35,000 to $60,000 per year. To excel in this field, you need strong communication skills, attention to detail, knowledge of financial aid regulations, and proficiency in financial aid software.

About this role

Job Description

We are looking for a Financial Aid Administrator to join our team.

As our Financial Aid Administrator (FAA), you will meet and communicate with current, prospective and alumni students to guide them through the financial aid process. As an FAA, you will report directly to the Director of Financial Aid. You will be responsible for administering, determining eligibility, and processing student financial aid to maintain positive cash flow, in addition to other related tasks for the financial aid department.

Processing Verification and Disbursements
Awards state and federal aid to eligible students according to regulations and policy
Counsels students and parents
Provides estimates and packaging information
Calculates Return of Title IV
Default Management and Financial Literacy programs
Auditing
Running reports to ensure work integrity
Interacting with other departments to assist students
Maintaining up to date information on new federal regulations
Assisting with Private Loans
Packaging VA benefits
Other duties as assigned

Pay Range: $22-$30/hr DOE

Qualifications

High School Degree or GED is required
Associate degree or above in related fields of accounting, finance, business, administrations, etc. is preferred
Understanding of current Title IV, federal and state regulations regarding Financial Aid & strong Customer Service skills
Ability to effectively communicate sensitive financial information to prospective and current customers in an understandable manner
Availability at a minimum of two evenings per week for evening student population and overtime as requested by supervisor – may include: evenings, weekends and/or holidays

Additional Information

We Offer:

Medical, Dental and Vision starting the 1st of the month following 30 days of employment
2 Weeks’ starting Vacation per year. Increasing based on years of service with company
12 paid Holidays and 2 Floating Holiday
401k with company match
Company Paid Life Insurance at 1x’s your annual salary
Leadership development and training for career advancement
Tuition assistance and Forgiveness for you and your family up to 100% depending on the program

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Karen Parker

Sean Sadler

Craig E. Yaris, Esq.