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Financial Aid Coordinator

3 months ago

Libertyville, United States Tricoci University of Beauty Culture Full time
Financial Aid Coordinator

The Company:

Tricoci University of Beauty Culture (TUBC) is a Chicago-based education company focused on the beauty industry. Founded by Mario Tricoci, an accomplished leader and world-renown innovator in the beauty industry, TUBC provides a premium education that develops graduates with the skills, knowledge and professionalism desired by leading companies in the industry.

Position Summary:

The Financial Aid Coordinator will execute financial aid and private loan activities, implement financial aid policies and procedures, and ensure financial aid compliance. Work together with General Manager/Admissions and Student Services to ensure high customer service standards. Perform administrative functions and complete management reports accurately and timely. Abide by the school, state, and federal policies.

Responsibilities:
  • Review student files for completeness and accuracy, in compliance with Federal, state and institutional policies and procedures
  • Complete verification of financial aid application data and student eligibility
  • Assist students/parents with applications for financial aid
  • Explain awards to students/parents as it relates to their financial aid eligibility
  • Research and resolve any problems in a student FA file
  • Financial aid packaging- initial and subsequent academic years
  • All electronic processing- ISIR, FAFSAs, MPNs
  • Loan Processing- all aspects for loan processing from certification to reconciliation
  • Timely and accurate processing of financial aid
  • Maintain knowledge of appropriate regulations (Federal, state and institutional)
  • The ability to calculate R2T4 refunds for drops/withdrawals
  • Provide student FA updates to campus admission coordinator and GM
  • Generate default prevention notifications to students
  • Run monthly, weekly and daily FA reports to ensure that grants, loans and other funds are approved
  • Special projects as needed
Knowledge, Skills, and Abilities:
  • DOE/Title IV rules and regulations
  • Customer Service
  • Organizational skills
  • Team Player; ability to work well with Admissions
  • Detail Oriented
  • Excellent follow through skills
  • Pro-active thinker
  • Verbal and written communication skills
  • Computer skills


Education:

•Bachelor's degree preferred