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Financial Aid Officer with Melrose-Wakefield Healthcare

2 months ago

Medford, Massachusetts, United States Melrose-Wakefield Hospital Full time

Join Our Mission: At Melrose-Wakefield Hospital, we are dedicated to saving lives, fostering careers, and transforming healthcare. We are excited to expand our team with individuals who share our vision.

About Us: Lawrence Memorial/Regis College is a community committed to the greater good, focused on educating the next generation of healthcare professionals, including nurses and radiologic technologists. Our aim is to cultivate practitioners who are not only skilled but also compassionate and dedicated to providing outstanding care.

Position Overview:

The Financial Aid Specialist plays a crucial role in the precise administration of various financial aid programs, including federal, state, and institutional funds.

Essential Qualifications:

1. A Bachelor’s degree is required.

2. A minimum of five (5) years of relevant experience is necessary.

Desirable Qualifications:

1. A Master’s degree is preferred.

2. Familiarity with EdConnect and EdExpress software is advantageous.

Work Schedule: This is a Full-Time position, requiring 40 hours per week, Monday through Friday, from 8 AM to 4:30 PM. Occasional evening events may be required. The role offers a Hybrid work arrangement, with one day of remote work per week during class sessions and two days during school breaks.

Key Responsibilities:

1. Provide guidance and support to students regarding the financial aid process and their awards.

2. Develop and implement policies and procedures to ensure efficient and compliant service delivery to students.

3. Oversee the processing of Pell Grants and Direct Student Loans, coordinating with the U.S. Department of Education and students.

4. Manage federal campus-based aid programs effectively.

5. Coordinate the annual filing of the FISAP and other required reports.

6. Maintain a comprehensive understanding of federal and state regulations related to financial aid.

7. Supervise audits, compliance reviews, and financial reconciliations.

8. Collaborate closely with the Bursar to ensure accurate financial aid disbursement and student billing.

9. Advise students on Satisfactory Academic Progress criteria.

10. Assess and evaluate special circumstances and professional judgment cases.

11. Execute Return of Title IV calculations as necessary.

12. Oversee the coordination of the federal and college work-study programs.

13. Create and update financial aid publications.

14. Work with other departments to develop and implement enrollment and retention initiatives.

15. Provide counsel on the implications of dropping, adding, or failing courses as they relate to financial aid and student accounts.

Benefits:

Melrose-Wakefield Hospital offers a comprehensive benefits package through our parent organization. Employees enjoy competitive salaries and a robust benefits program that includes:

  • Competitive salaries
  • Medical, dental, and vision insurance starting on the first day of employment
  • 403(b) retirement plan with company matching
  • Generous earned time off
  • Tuition reimbursement opportunities
  • Complimentary on-campus parking

We are an equal opportunity employer and value diversity and inclusion. Melrose-Wakefield Hospital does not discriminate based on any protected characteristic and is committed to providing reasonable accommodations for individuals with disabilities.