Financial Aid Director

11 hours ago

St Petersburg, Florida, United States Fa Solutions Llc Full time
Job Overview

As a Financial Aid Director at Fa Solutions Llc, you will play a critical role in ensuring the smooth operation of our financial aid services. Your primary responsibility will be to oversee the planning, organization, and delivery of high-quality services to our clients, ensuring that federal aid is processed in accordance with school, state, and federal guidelines.

Key Responsibilities:

  • Collaborate with client schools to administer and review all aspects of federal aid, including awarding and reconciling.
  • Develop and maintain accurate policies and procedures to ensure compliance with regulatory requirements.
  • Prepare and transmit the Fiscal Operations Report and Application to Participate (FISAP) in a timely manner.
  • Assist with system setup, implementation, and testing to ensure seamless integration.
  • Work closely with the Comptroller/Business Office to ensure accurate and timely exchange of information between operating systems.
  • Oversee the reconciliation process to ensure accuracy and efficiency.
  • Complete the Student Batch Load (SBL) function to ensure timely and accurate processing.
  • Map and package students within federal guidelines and send notifications to students.
  • Process all steps of document review, originating, disbursing, and notifying disbursements for federal funding.
  • Ensure the Satisfactory Academic Process (SAP) is being tracked and applied accurately at client schools.
  • Review waived entrance/MPN documents and validate their status.
  • Monitor processors to ensure timely and accurate results.
  • Work closely with clients to identify and address areas of improvement.
  • Research complex regulatory issues and provide responses to ensure compliance.
  • Ensure appropriate documents are being requested based on regulatory guidelines and ISIR reviews.
  • Process financial aid paperwork and send communications regarding document statuses to client schools and students.
  • Complete Verification, ISIR corrections, Professional Judgement, and C-Code reviews.
  • Calculate Return to Title IV calculations and send Exit Counseling communication/documentation.
  • Communicate with clients and co-workers in written and verbal format.
  • Maintain compliance in all areas of responsibility.

Qualifications and Education Requirements:

  • Bachelor's Degree required
  • 5+ years of financial aid experience
  • High level of analytical skills
  • Demonstrate strong written and verbal communication skills

Preferred Skills:

  • Experience in a variety of financial aid management systems
  • Experience processing federal funds in a variety of academic year structures
  • Ability to multi-task, prioritize, and manage time effectively
  • Adaptability with strong organizational skills

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