Financial Aid Processor I
Are you a passionate advocate for accessible higher education? Do you possess a keen eye for financial details and a genuine desire to help students navigate the complex world of funding their dreams? Then join our Financial Aid department where you will be a part of a dynamic team that unlocks the gateway to education. We are seeking a compassionate and resourceful Financial Aid Process I to join our dedicated team and guide students on their educational journeys. In this pivotal role, you will be a catalyst that empowers students to overcome financial obstacles and discover their true potential. If you are ready to make a meaningful difference in the lives of aspiring Nurses, Medical Assistants, Dental Assistants, HVAC Technicians, Electrical Tradesmen, and so many more - come join us in shaping a future where dreams become realities, one financial aid package at a time! Embrace the transformative power of education and embark on an incredible journey as our Financial Aid Processor. Together we will pave the way to a brighter future for generations to come!
Position Summary:
The Financial Aid Processor Level 1 [FAP1] is primarily responsible for all aspects of the administration and compliance management for the federal and state student financial assistance programs at each of the assigned schools. In addition, the FAP1 will be responsible for any assigned duties as directed by either the Manager of Financial Aid Processing or the Assistant Manager of Financial Aid Processing.
Essential Duties & Responsibilities:
• Organizes and manages all required data entry and file maintenance in the Campus Vue, FAME, Direct Loan, Common Origination (COD), and Disbursement and NSLDS borrower data management systems.
• Organizes and manages all need analysis, loan application, and financial aid packaging services.
• Oversees, organizes, manages, and is responsible for initial compliance for any use of Professional Judgment, Dependency Overrides, Selective Service, and/or verification processes at all assigned schools.
• Responsible for review, and taking action on any assigned financial aid reports, records, and student files.
• May assist in organizing and managing all required data maintenance for out-of-school borrower services as required in both the Campus Vue and the NSLDS systems.
• Ensures compliance with all state, accrediting, and federal financial aid related regulations.
• Promptly and accurately reports any suspected instances of non-compliance, fraud or abuse to the Manager of Financial Aid Processing, Manager of Regional Directors, Vice President for Finance, or Senior Vice President for Financial Assistance and/or higher levels within the organization, as is needed to address and resolve any areas of non-compliance.
• Monitors all student financial aid activities to ensure accurate funding and full compliance with all applicable statutes, rules and regulations.
• Coordinates with all campus personnel and the Manager of Financial Aid Processing to ensure accurate and timely disbursements and refunds of federal, state and agency funds are made to all students and that all instances of conflicting information are accurately and promptly resolved.
• Organizes, monitors and maintains accurate and timely electronic data entry & reconciliation as required by any funding agency.
• Organize and performs the accurate and timely performance of all Return to Title IV (R2T4) calculations, R2T4 refunds, credit balance refunds, grant recalculations and ineligible / inadvertent disbursement refunds.
• Performs other duties as assigned by the Assistant Manager of Financial Aid Processing, Manager of Financial Aid Processing, Manager of Regional Financial Aid Directors, Vice President for Finance, Senior Vice President of Financial Assistance, and/or the President /CEO of Education Affiliates.
• Regular and reliable attendance.
Skills/Competencies/Qualifications:
• 2 years experience as a financial aid advisor is preferred, at minimum 1 year of prior financial aid experience is required
• Knowledge of Federal financial aid regulations with specific knowledge of Title IV.
• Detail-oriented problem solver and the ability to multi-task.
• Competency in the use of a personal computer and other office equipment
• Ability to work in a fast-paced and at times stressful, deadline-driven virtual environment
• Bachelor degree preferred but not required
• Candidates cannot have student loans in a derogatory status
Classification: Non-Exempt, Hourly
Work Hours: 40-hour work week, hours may vary, and include some weekends as required
Travel: Periodic overnight travel assignments for training and development and/or for special assignment
Job Type: Full-time
Pay: Up to $21.63 per hour
Benefits:
• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Employee discount
• Flexible schedule
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Referral program
• Tuition reimbursement
• Vision insurance
Experience:
• NSLDS: 2 years (Required)
• Student Financial Aid: 2 years (Required)
• CampusVue: 2 years (Required)
• Fame: 2 years (Required)
• Banner: 2 years (Required)
Willingness to travel:
• 25% (Preferred)
Work Location: Remote
Apply Now
Apply Now
Position Summary:
The Financial Aid Processor Level 1 [FAP1] is primarily responsible for all aspects of the administration and compliance management for the federal and state student financial assistance programs at each of the assigned schools. In addition, the FAP1 will be responsible for any assigned duties as directed by either the Manager of Financial Aid Processing or the Assistant Manager of Financial Aid Processing.
Essential Duties & Responsibilities:
• Organizes and manages all required data entry and file maintenance in the Campus Vue, FAME, Direct Loan, Common Origination (COD), and Disbursement and NSLDS borrower data management systems.
• Organizes and manages all need analysis, loan application, and financial aid packaging services.
• Oversees, organizes, manages, and is responsible for initial compliance for any use of Professional Judgment, Dependency Overrides, Selective Service, and/or verification processes at all assigned schools.
• Responsible for review, and taking action on any assigned financial aid reports, records, and student files.
• May assist in organizing and managing all required data maintenance for out-of-school borrower services as required in both the Campus Vue and the NSLDS systems.
• Ensures compliance with all state, accrediting, and federal financial aid related regulations.
• Promptly and accurately reports any suspected instances of non-compliance, fraud or abuse to the Manager of Financial Aid Processing, Manager of Regional Directors, Vice President for Finance, or Senior Vice President for Financial Assistance and/or higher levels within the organization, as is needed to address and resolve any areas of non-compliance.
• Monitors all student financial aid activities to ensure accurate funding and full compliance with all applicable statutes, rules and regulations.
• Coordinates with all campus personnel and the Manager of Financial Aid Processing to ensure accurate and timely disbursements and refunds of federal, state and agency funds are made to all students and that all instances of conflicting information are accurately and promptly resolved.
• Organizes, monitors and maintains accurate and timely electronic data entry & reconciliation as required by any funding agency.
• Organize and performs the accurate and timely performance of all Return to Title IV (R2T4) calculations, R2T4 refunds, credit balance refunds, grant recalculations and ineligible / inadvertent disbursement refunds.
• Performs other duties as assigned by the Assistant Manager of Financial Aid Processing, Manager of Financial Aid Processing, Manager of Regional Financial Aid Directors, Vice President for Finance, Senior Vice President of Financial Assistance, and/or the President /CEO of Education Affiliates.
• Regular and reliable attendance.
Skills/Competencies/Qualifications:
• 2 years experience as a financial aid advisor is preferred, at minimum 1 year of prior financial aid experience is required
• Knowledge of Federal financial aid regulations with specific knowledge of Title IV.
• Detail-oriented problem solver and the ability to multi-task.
• Competency in the use of a personal computer and other office equipment
• Ability to work in a fast-paced and at times stressful, deadline-driven virtual environment
• Bachelor degree preferred but not required
• Candidates cannot have student loans in a derogatory status
Classification: Non-Exempt, Hourly
Work Hours: 40-hour work week, hours may vary, and include some weekends as required
Travel: Periodic overnight travel assignments for training and development and/or for special assignment
Job Type: Full-time
Pay: Up to $21.63 per hour
Benefits:
• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Employee discount
• Flexible schedule
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Referral program
• Tuition reimbursement
• Vision insurance
Experience:
• NSLDS: 2 years (Required)
• Student Financial Aid: 2 years (Required)
• CampusVue: 2 years (Required)
• Fame: 2 years (Required)
• Banner: 2 years (Required)
Willingness to travel:
• 25% (Preferred)
Work Location: Remote
Apply Now
Apply Now