Executive Director of Financial Aid and Scholarships
Executive Director of Financial Aid and Scholarships
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Job Description
Job Details
Description
JOB SUMMARY
The Executive Director of Financial Aid and Scholarships is responsible for the strategic leadership administration and oversight of the colleges financial aid and scholarship programs. This position ensures compliance with federal state and institutional regulations while supporting the institutions enrollment and retention goals. The Executive Director will serve as the Financial Aid offices primary internal and external liaison design and implement robust training for staff and develop policies and strategies that enhance student access affordability and success while maintaining fiscal responsibility.
Qualifications
ESSENTIAL JOB FUNCTIONS:
Strategic Leadership and Administration
- Develop and implement a comprehensive financial aid strategy aligned with the colleges mission and enrollment goals.
- Provide vision and leadership to the financial aid team ensuring high standards of service and efficiency.
- Manage institutional federal and state financial aid programs ensuring compliance with all regulations.
- Oversee the development and maintenance of policies procedures and systems to optimize aid distribution and student support.
- Serve as a key leader within the enrollment management division to inform strategic enrollment goals and institutional objectives.
Financial Aid Operations and Compliance
- Administer and monitor financial aid programs including grants scholarships loans and work-study.
- Ensure compliance with all Title IV state and institutional regulations.
- Prepare and submit all required federal and state financial aid reports.
- Conduct regular audits and assessments to improve financial aid processes and maintain compliance.
Enrollment and Student Success Collaboration
- Partner with Enrollment Management Admissions and Student Success teams to develop financial aid strategies that support recruitment and retention.
- Develop data-driven financial aid models to support institutional enrollment objectives.
- Provide financial literacy programming to educate students and families about aid options budgeting and loan management.
- Collaborate with Athletics to adhere to institutional and NAIA financial aid policies.
Scholarship Program Management
- Oversee the administration of institutional and endowed scholarships.
- Collaborate with Advancement and Alumni Relations to support donor stewardship efforts related to scholarships.
- Ensure equitable and strategic distribution of scholarship funds to maximize student support.
- Develop financial aid and net revenue strategies in partnership with the VP of Enrollment Management.
Team Leadership and Development
- Supervise and mentor financial aid staff fostering a culture of collaboration professionalism and continuous improvement.
- Provide professional development opportunities and training for staff to stay informed of best practices and regulatory changes.
MINIMUM REQUIREMENTS TO PERFORM WORK:
- Bachelors degree required; Masters degree preferred in higher education administration business or closely related field.
- Minimum of seven (7) years of progressively responsible experience in financial aid administration preferably in a liberal arts college setting.
- Extensive knowledge of federal and state financial aid regulations policies and procedures.
- Strong leadership management and supervisory experience with the ability to foster a positive team environment.
- Demonstrated ability to develop strategic financial aid policies that align with institutional goals.
- Excellent analytical problem-solving and decision-making skills.
- Outstanding interpersonal and communication skills with a commitment to providing exceptional student service.
- Experience in financial aid leveraging strategies to support institutional enrollment objectives preferred.
- Familiarity with scholarship fundraising and donor stewardship processes preferred.
- Experience working with diverse student populations and a commitment to equity and access in higher education preferred.
- Must be proficient in financial aid management systems (e.g. Banner PowerFAIDS or similar) and strong data analysis skills.
- Must be proficient in Microsoft Office Suite utilizing Outlook Word Excel and Microsoft Teams.
KNOWLEDGE SKILLS AND ABILITIES: Ability to communicate effectively both orally and in writing.
- Excellent interpersonal leadership and communication skills.
- Ability to make sound judgments and think critically about issues that arise.
- Ability to work successfully with diverse populations of students.
- Ability to multi-task in a fast-paced environment.
- Excellent customer service skills; strong work ethic.
- Ability to work independently and in a team environment with little direction.
- Ability to plan organize and prioritize work; attention to detail.
- Ability to meet schedules and timelines.
- Ability to establish and maintain effective working relationships with others.
PHYSICAL DEMANDS:
Requires sedentary work that involves walking standing lifting carrying pushing and pulling some of the time. Requires the ability to lift up to 50 pounds and the ability to exert up to 10 pounds of force on a recurring basis or routine keyboard operations.
WORKING CONDITIONS:
Work environment risks exposure to no known environmental hazards.
APPLICATION PROCESS:
- Review of applications will begin immediately and continue until the position is filled.
- Interested candidates should complete an online application using this link: and upload a cover letter resume and three professional references.
EOE M/F/D/V
Required Experience:
Director
Employment Type
Full-Time
