Financial Assistance Coordinator for Lawrence Memorial Regis College

2 weeks ago


Medford, Massachusetts, United States Melrose-Wakefield Hospital Full time

Join Our Mission: At Melrose-Wakefield Hospital, we are dedicated to saving lives, advancing careers, and transforming healthcare. We look forward to expanding our team with passionate individuals.

About Us: Lawrence Memorial/Regis College is a collaborative community focused on the greater good, committed to training the next generation of healthcare professionals, including nurses and radiologic technologists.

Position Overview:

The Financial Aid Specialist plays a crucial role in the precise management and distribution of various financial aid programs, including federal, state, and institutional funding.

Essential Qualifications:

1. A Bachelor's degree is required.

2. A minimum of five (5) years of relevant experience is necessary.

Preferred Qualifications:

1. A Master's degree is advantageous.

2. Familiarity with EdConnect and EdExpress is preferred.

Work Schedule: Full-Time / 40 hours per week / Monday to Friday / 8am to 4:30pm (with occasional evening events) / Hybrid model (one day remote during class sessions; two days remote during breaks).

Key Responsibilities:

1. Provide guidance and support to students regarding the financial aid process and awards.

2. Develop and implement policies and procedures to ensure efficient and compliant service delivery to students.

3. Oversee the coordination of Pell and Direct Student Loan processing among the US Department of Education, students, and the institution.

4. Manage federal campus-based student aid programs.

5. Coordinate the annual filing of necessary reports, including FISAP and Nursing Student Loan Annual Operating Report.

6. Maintain a strong understanding of federal and state regulations.

7. Supervise audits, compliance reviews, and account reconciliations.

8. Collaborate with the Bursar to ensure accurate financial aid disbursement and student billing.

9. Advise students on Satisfactory Academic Progress criteria.

10. Assess special circumstances and professional judgment cases.

11. Execute Return of Title IV calculations.

12. Oversee the federal and college work-study program.

13. Create and update financial aid publications.

14. Work with other departments to develop and implement enrollment and retention initiatives.

15. Provide counseling on academic changes affecting financial aid and student accounts.

Benefits:

Melrose-Wakefield Hospital offers a comprehensive benefits package through our parent organization, ensuring competitive salaries and a variety of benefits, including:

  • Competitive salaries
  • Medical, dental, and vision insurance starting on the first day
  • 403(b) retirement plan with employer matching
  • Generous earned time off
  • Tuition reimbursement opportunities
  • Complimentary on-campus parking

We are committed to fostering a diverse and inclusive workplace and are proud to be an equal opportunity employer. We value the unique perspectives and contributions of all individuals.



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