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Financial Aid Officer
2 months ago
This position reports to the Associate Director of Financial Aid and is responsible for assisting in the administration of the financial aid program by reviewing financial aid applications, performing need analysis, determining eligibility and awarding financial aid program funds in accordance with Federal and USNH policies/regulations.
Key Responsibilities- Review Aid Applications and Develop Financial Aid Offers
- Review financial aid applications for accuracy.
- Make Corrections as needed.
- Perform Verification
- Confirm eligibility
- Responsible for the development of all financial aid offers including federal, state, and institutional aid, using professional judgment and knowledge of federal and state regulations, and institutional guidelines. Perform aid adjustments as needed. Monitor student progress for re-instatement of aid based on meeting Sap or Merit Scholarship criteria.
- Reporting and Compliance
- Reconcile all federal loan accounts on a monthly basis.
- Assist with annual audit of awards. Maintain records of scholarships and financial aid granted in accordance with federal and state policies and institutional guidelines and prepare periodic reports/forms, as directed.
- Financial Aid Counseling
- Advise students and parents via phone, email, or in person, regarding the financial aid process, eligibility determination and /or federal and state regulations and institutional guidelines. Respond to various correspondence dealing with information gathering, policy interpretation and award decisions, such as explanations of the application process, determination of eligibility, and denial of aid.
- Other Tasks
- Participate in Open Houses, New Student Orientation, and other campus events.
- Perform other related duties, as assigned.