Financial Aid Advisor
21 hours ago
The Financial Aid Advisor provides critical support to students navigating financial aid processes, academic coursework, and its impact on financial aid awards. This role is responsible for income adjustments and ensures compliance with federal and college requirements.
Key Responsibilities:
- Advise students on financial aid matters, including loan debt, aid cancellations, grant funding, and Satisfactory Academic Progress (SAP).
- Respond to requests for information from students, staff, and the general public.
- Review and evaluate eligibility of financial aid applications, exercising professional judgment to award maximum aid to students with unusual circumstances.
- Conduct workshops, training sessions, and presentations on financial aid information.
- Perform data entry and retrieval of student financial aid data.
- Prepare reports for financial aid programs and process applications and supporting documents for student participation in grant, loan, and student employee programs.
- Conduct required counseling sessions and maintain contact with federal, state, and local agencies.
- Ensure compliance with all Title IV regulations regarding aid eligibility.
- Serve on committees and professional organizations to provide clear and complete explanations of available financial aid.
- Advise students on loan and similar financial aid awards up to the maximum student loan amount allowed.
Bachelor's Degree and related experience in financial aid, higher education, and other financial roles, or an equivalent combination of education and experience.
Preferred Qualifications:
- Experience with Title IV Federal Regulations related to verification, awarding, and disbursing of federal financial aid, state regulations, and scholarships.
- Experience with Banner or similar financial aid software.
- Expert knowledge of financial aid processes, guidelines, and procedures.
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