Inside Higher Ed · 1 day ago
Specialist, Financial Aid
Inside Higher Ed is seeking a Specialist in Financial Aid who will perform student service in the financial aid process. The role involves reviewing applications, making eligibility decisions, and providing assistance to students and staff regarding financial aid regulations.
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Responsibilities
Meets with students whose financial aid service needs require special attention and in-depth knowledge of financial aid regulations
Reviews income tax returns, INS documents, Social Security Administration documents and other financial materials to determine accuracy of application and eligibility status
Reviews financial aid applications and makes decisions about eligibility according to federal and state regulations and statues. Makes decisions about which financial aid programs the student will receive
Approves student loans and electronically processes records to transmit to loan servicers
Runs and processes reports from computer system to modify applications, award authorizations, and payment authorizations
Makes decisions about problem resolution
Accesses NSLDS/COD and other secure federal and state web sites
Provides interpretations of regulatory requirements for Answer Center and other Student Services staff
Reconciles reports of discrepant data and authorizes changes to financial aid records to resolve
Serves on Standards of Satisfactory Academic Progress Appeals Committee
Reviews prior college transcripts to determine initial academic standing regarding eligibility for financial aid
Prepares federal and state reports and transmits electronically where required
Performs other duties as assigned
Qualification
Required
High school diploma or general education degree (GED)
Strong interpersonal communication skills, both oral and written
Ability to apply learning-centered concepts to the financial aid process
Ability to reason and exercise judgment and discretion
Ability to learn and understand federal and state regulations
Must be granted security access to NSLDS, COD and other secure federal and state websites
(Cannot be in default on a prior student loan)
Works inside in an office environment
Preferred
A Bachelor's degree from a regionally accredited institution
Experience working with complex guidelines/procedures
Company
Inside Higher Ed
Inside Higher Ed is the online source for news, opinion, and jobs related to higher education.
Funding
Current Stage
Growth StageTotal Funding
unknown2022-01-10Acquired
2006-08-31Series Unknown
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