Financial Aid Planner
Financial Aid Planner
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USD 56000 - 56000
1 Vacancy
Job Description
Job Details
Description
Jersey College is an institution of higher learning with a vision to be nationally recognized through our dedication to excellence and innovation in nursing education while offering pathways for professional growth. Since our founding Jersey College has graduated over 13000 nurses.
The Financial Aid Planner is responsible for managing overseeing and assisting students with navigating the financial aid process in accordance with all company policies and procedures all applicable federal and state regulations and all accrediting agencies standards and requirements. The Financial Aid Planner will advise and counsel students on financial aid matters and assist with the coordinating of all student activities associated with the application for and receipt of various forms of financial aid. The job description of Financial Aid Planner also encompasses other similar named positions such as the Senior Financial Aid Planner or Manager.
Job Responsibilities
- Advises applicants and students on eligibility for financial aid programs assisting them in the financial aid (FAFSA) application process.
- Create payment plans for students when necessary.
- Advise students about all available funding sources.
- Maintain contact with State Workforce Agencies.
- Monitor timely payment of payment plans set up with students
- Initiate appropriate administrative actions for students in default of payment plans.
- Verify eligibility for Federal aid programs including Pell grants and guaranteed student loans
- Performs application intake evaluation processing and awarding
- Ensures that the student provides all necessary documentation in order to conduct required needs analysis and packaging
- Conduct entrance and exit interviews as required by Title IV regulations
- Provide assistance to students with financial aid concerns throughout their tenure at the school.
- Learn follow and refer to federal statutes and regulations as they pertain to Title IV
- Use Title IV management information system in order to track applications and draw down federal student funds.
- Perform other related duties as assigned by the Director of Financial Aid
- Participate in weekly admissions update meetings.
Qualifications
Skills and Abilities:
- Minimum 1 year of financial aid experience
- Basic knowledge of federal and state financial aid regulations with specific knowledge of Federal Direct Loans Pell Grants and Title IV
- Knowledge and comfort with Microsoft Word and Excel
- Ability to critically think and understand complex instructions
- Strong Customer Service Skills and Organizational Skills
- Associates Degree or higher preferred
- Being bilingual is a plus
Employment Type
Unclear
