Active Student Financial Analyst
2 weeks ago
Position Overview:
The Active Student Financial Analyst is tasked with overseeing student financial accounts by conducting audits, assessments, and processing transactions related to the student ledger. This role focuses on critical areas such as Title IV funding, credit balances at the end of loan periods, schedule gaps, and leaves of absence for currently enrolled students.
Key Responsibilities:
In this role, the analyst will be responsible for:
- Conducting thorough audits and reviews of all Title IV payments for active student accounts to ensure that credit balances are resolved within a 14-day timeframe.
- Reviewing and auditing active student accounts prior to the conclusion of the loan period to ensure adherence to institutional policies.
- Monitoring active student accounts for scheduled gaps and leave of absence statuses to confirm fund eligibility and ensure timely completion of refunds in compliance with federal regulations.
- Ensuring that the 14-day Student Intent to Return federal regulation is met through diligent review of active student accounts.
- Addressing and resolving any regulatory compliance issues identified during daily operations.
- Accurately and promptly posting all funds to meet internal policies, procedures, and federal requirements.
- Reviewing and finalizing tuition adjustments to align with internal policies and maintain compliance with federal regulations.
Qualifications:
The ideal candidate will possess an Associate's degree and/or a minimum of 2 years of experience in finance or business. A Bachelor's degree along with 2 to 4 years of experience in banking or accounting is preferred.
Skills & Knowledge:
Experience in financial aid is advantageous.
Computer Skills:
Proficiency in Microsoft Office, particularly Excel and spreadsheets, is required. Candidates should be detail-oriented, self-motivated, and able to thrive in a fast-paced environment. Experience with campus management systems is a plus. Flexibility in working hours is necessary to fulfill job responsibilities.
This is a full-time position requiring availability during days, evenings, and weekends.
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