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Financial Aid Specialist
2 months ago
We are seeking a highly skilled and detail-oriented Financial Aid Processor II to join our team at South University. As a key member of our financial aid operations team, you will be responsible for ensuring the accuracy and efficiency of our financial aid processes.
Key Responsibilities- Award student financial aid based on student funding plans, including Title IV loans, Pell, and FSEOG.
- Award institutional grants based on Memoranda of Understanding (MOUs).
- Award employee tuition assistance vouchers.
- Review Institutional Student Information Records (ISIRs) for conflicting information.
- Perform verification on ISIRs received.
- Clear C-codes on ISIRs.
- Review post-screen ISIRs.
- Process late disbursements.
- Process transfer monitor alerts.
- Import and export COD, NSLDS, and CPS files using EdConnect.
- Resolve COD origination rejects.
- Resolve validation rejects.
- Perform daily batching of funds.
- Perform daily posting of funds.
- Perform Return of Title IV calculations.
- Perform institutional refund calculations.
- Review accounts for canceled students.
- Review and award Pell based on enrollment levels after the term starts.
- Email initial and secondary education plans for VA students.
- Associate's degree in accounting or finance, or 7 years of financial aid experience.
- Two or more years of support experience in a key data entry role, preferably in a financial aid office.
- Knowledge of CARS, CampusVue, Lawson, or similar software is helpful, although the ability to learn new software may substitute.
- Knowledge of Title IV regulations relating to student loan processing is preferred.
- Excellent written and verbal communication skills.
- Strong interpersonal skills with both executive and school staff populations.
- Superior organization, prioritization, self-motivation, and problem-resolution skills.
- Comfort in a computing environment; high level of proficiency in word processing and spreadsheet software.
- Proficiency in all Microsoft Office applications, experience with CARS system or CampusVue and Department of Education software, preferred.
- Ability to complete work in a timely fashion in accordance with federal regulations.
- Ability to learn new software packages quickly and with minimal support.
- Ability to listen to customers (e.g., staff, etc.) and to understand and respond positively to their requests.
- Ability to work without close supervision and to set one's own priorities.
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions. The term 'qualified individual with a disability' means an individual with a disability who, with or without reasonable accommodation, can perform the essential functions of the position.