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Financial Aid Advisor

2 months ago

Erie, Pennsylvania, United States The Lake Erie College Of Osteopathic Medicine Full time
Job Summary

The Financial Aid Counselor is a key member of the Student Affairs team at The Lake Erie College Of Osteopathic Medicine, responsible for providing expert guidance and support to prospective and accepted students in various programs. This role requires a strong understanding of financial aid regulations and a passion for helping students achieve their academic goals.

Key Responsibilities
  • Provide counseling and financial assistance to students, including explaining financial aid options and eligibility requirements.
  • Authorize student payments and refunds, ensuring compliance with federal regulations.
  • Develop and present financial aid presentations to interview applicants, highlighting the benefits of attending LECOM.
  • Process Veterans' Benefits for eligible students, ensuring they receive the support they need to pursue their educational goals.
  • Counsel students on the financial aid process, including debt management and satisfactory academic progress.
  • Award federal financial aid in compliance with regulations, maintaining accurate records and ensuring timely disbursements.
  • Coordinate with multiple agencies to deliver financial aid funds, ensuring seamless support for students.
  • Maintain student financial records, adhering to federal regulations and LECOM policies.
  • Assist with budget development and educational materials creation for each academic year.
  • Conduct regular presentations on financial aid procedures and eligibility requirements, keeping students informed and engaged.
  • Participate in campus events, such as commencement, ceremonies, orientation, and open houses, representing LECOM and promoting its mission.
  • Engage in professional development programs, staying up-to-date on industry trends and best practices.
  • Communicate regularly with students, providing updates, deadlines, and scholarship opportunities.
  • Perform data entry, clerical, and phone responsibilities, contributing to the department's goals and objectives.
Requirements
  • Bachelor's Degree and a minimum of one year of relevant work experience.
  • Strong computer literacy with MS Office Suite and accurate data entry skills.
  • Excellent understanding of the admissions process and ability to market and promote professional programs in healthcare administration, medicine, pharmacy, and dentistry.
  • Willingness to maintain an established work schedule and adhere to LECOM policies and procedures.
  • Ability to organize and prioritize work assignments, meet deadlines, and make sound decisions.
  • Knowledge of pertinent laws, policies, and guidelines affecting areas of responsibility.
  • Ability to work independently and as directed, maintaining confidentiality and adhering to HIPAA and FERPA regulations.
  • Compliance with State and Federal Regulations and Safety Protocols (OSHA).
  • Effective use of interpersonal and communications skills, including tact and diplomacy.
  • Effective use of organizational and planning skills, including attention to detail and follow-through.
  • Time management skills in assessing and prioritizing multiple tasks, projects, and demands.