Financial Aid Advisor
Financial Aid Advisor
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Seeking to hire for the Financial Aid Advisor that will provide a full range of advice and assistance to students prospective students parents and agency representatives on financial aid matters. Reviews federal need analysis information documents and verifies application data packages aid funds and monitors academic progress. Ensures that programs comply with pertinent federal state and institutional regulations policies and procedures.
Essential Duties And Responsibilities
- Advising students staff and peers about how to apply for Federal Student Aid. Financial Aid Advisors must be able to follow Federal and State regulations. - Applicant cannot be in Default on any Federal Student Loans. - This position requires staff to have access to Federal databases. - Reviews and evaluates financial aid applications to determine accuracy completeness and financial need level. - Uses federal methodology need analysis criteria for review. - Performs any required follow-up procedures to get additional information correct errors or elicit more in-depth data from applicants. - Performs verifications. - Compares FAFSA data with verification documents (1040s Worksheets W-2s etc.). Corrects information on data base performs needs analysis and prepares computer files for reprocessing. - Evaluates satisfactory academic progress student suspension appeals and determines future aid eligibility based on appeal results. - Applies financial aid awards in the computer system. Determines need levels confirms resources and awards funds within parameters. Uses computer to automatically package available aid or manually inputs awards on an individual student by student basis. - Provides one-on-one or small group counseling for students parents or others regarding financial aid issues procedures to award reasons for denial or lack of eligibility deadlines petition processes and other relevant issues. - May perform tuition refund/repayment calculations according to return of Title IV aid guidelines. Determines amounts of aid that must be refunded to a federal program and amounts student must repay. - Conducts presentations of FAFSA application procedures aid eligibility and availability rights and responsibilities to groups of high school seniors parents and current students either on campus or at local schools. - May have specific aid program administrative responsibilities such as the Texas Education Grant ( TEG ) Pell payment and reconciliation Veterans assistance or return of Title IV aid. Stays current with Federal and State regulations and procedures. - Informs staff of pertaining regulatory and procedural changes as they occur. - Ensures that forms and processes are current. Makes recommendations about forms that need revision in accordance with federally required documentation. - Other duties as assigned by The Director of Financial Aid or Assistant Director of Financial Aid.
Required Experience:
Unclear Seniority
Employment Type
Advisor
