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Financial Aid Director
2 months ago
The Financial Aid Director will oversee the daily operations of the Financial Aid Office at Aveda Institute New Mexico. They will support the Institute's mission to deliver a high-quality, professional education and achieve the goals of fostering learning, exceptional customer service, and environmental stewardship by ensuring financial resources are available to all current and prospective students.
Key Responsibilities:- Provide personalized guidance on financial aid eligibility, FAFSA application procedures, available aid programs, and tailor information to meet each student's unique needs and circumstances.
- Counsel students and parents through the financial aid application process.
- Ensure all software systems are current with federal financial aid information.
- Verify and confirm documentation for federal financial aid packages.
- Generate financial aid award letters for students.
- Draft and distribute disbursement letters to students, maintaining a copy for institutional records.
- Compile financial aid packages for prospective students.
- Assess and confirm student eligibility for federal funds.
- Analyze Satisfactory Academic Progress (SAP) reports.
- Update the National Student Loan Data System (NSLDS) as necessary.
- Develop strategies to manage loan defaults.
- Analyze the Institutional Student Information Report (ISIR) to determine awards and student eligibility.
- Ensure continued compliance with federal requirements, including submitting recertification documents for AINM.
- Collaborate with the Accounting Department, School Director, and Admissions to meet audit requirements.
- Bachelor's degree preferred.
- Experience in the Beauty/Cosmetology or Trade School Educational industry preferred.
- Fundamental knowledge of and respect for the education process.
- Five years' experience in financial aid and/or management preferred.
- Understanding of principles of financial management.
- Advanced computer skills, including Microsoft Office applications and appropriate programs for federal and state financial aid services.
- Satisfactory results from a background check and credential verification.
- Strong leadership/management skills.
- Detail-oriented, organized, and self-motivated.
- Effective communication skills, both verbally and in writing.
- Ability to work collaboratively with others.
- Ability to multitask in a fast-paced environment.
- Proficient in speaking, including classroom and public settings.
- Bi-lingual in Spanish/English preferred.