Financial Aid Verification Administrator

1 week ago

Chicago, United States InsideHigherEd Full time
The Highlights: The Financial Aid Administrator, as part of the OFA Operations team, is responsible for managing application processing, verification procedures, and reconciliation of state, federal and/or external loan and grant programs totaling more than $300M for up to 18,000 students per year. The administrator reports to the Associate Director of Operations and works independently to develop and maintain efficient procedures for processing and reconciling aid. This position will also be responsible for incorporating new regulations into the application and reconciliation process as needed; and for collaborating with the OFA Student Services team to ensure efficient delivery of FA funds to students.   
 

What You'll Do:

  • Responsible for effectively managing application processing, completing federal verification and student eligibility review. Develop and incorporate new regulations into the processes as needed. 
  • Work with closely with internal and external agencies and departments (including the US Department of Education; the Illinois Student Assistance Commission; Private lenders; and the DePaul Student Accounts, Controllers and Treasury Offices) to coordinate fiscal reporting and reconciliation. 
  • Participation in the administration of federal, state, institutional and private aid with aggregate dollars of programs involved exceed $410 million annually.
  • Coordinate effective delivery of FA funds to students through OFA Counselor liaisons. 
  • Reconciliation of at least one major, or several minor state, federal and/or external loan and grant program (crossing up to three fiscal years at a time) in compliance with all regulations governing those programs. 
  • Performs other duties as assigned.
     
What You'll Need:
  • Bachelor's degree required.
  • Familiarity with student aid programs and student processes required.  
  • Minimum of 5 years of experience with federal or state financial aid programs and administration preferred.
  • Capacity to embrace change and willingness to be flexible in work hours.
  • Capacity to work independently, effectively, and under pressure during peak processing.
  • Demonstrated communication skills, analytical skills and attention to detail.
  • Capacity of spend periods of time either sitting or standing.
  • Capacity to spend extensive time viewing monitors.
  • Occasional extended hours and/or weekend work required, depending on volume and demand.
     
    Perks:
  • Working for a stable and well-known University that values diversity and inclusion.
  • Top choice medical, dental, and vision benefits.
  • Retirement plan matching contribution of 10%.
  • Tuition waivers for employees and dependents.
  • Generous paid time off, sick time, holidays, floating holidays, and more
  • Full-Time Benefits
For consideration, please include a resume and cover letter.

Diversity and Inclusion Statement:
Guided by an ethic of Vincentian personalism and professionalism, DePaul compassionately upholds the dignity of all members of its diverse, multi-faith, and inclusive community. We seek to hire collaborative, open-minded, and dedicated professionals who are committed to advancing our university mission to making education accessible to all, with special attention to including underserved and underrepresented communities. Successful candidates thrive in an environment where ideas and perspectives representing a wide variety of cultures, backgrounds and experiences are welcome and supported.

Required Background Check:

Employment at DePaul University is contingent on passing a background check. Only final candidates who are extended an offer of employment will undergo a background check.


Mandated Reporting of Child Abuse & Neglect:

Upon accepting an offer of employment with the university, you will also be required to sign an Acknowledgement of Mandated Reporter Status at the time of hire. A mandated reporter is required to make a report to the Illinois DCFS Hotline whenever there is reasonable cause to believe that a child known to them in their professional or official capacity may be abused or neglected. For more information, please visit the following pages:

Illinois Department of Children & Family Services (DCFS)  
Illinois Abused and Neglected Child Reporting Act  

DePaul University is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, ethnicity, religion, sex, sexual orientation, gender identity, national origin, age, marital status, physical or mental disability, protected veteran status, genetic information or any other legally protected status, in accordance with applicable federal, state and local EEO laws.

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