Education Loan Specialist
Lincoln Tech•Boonton, NJ
•Onsite
About The Position
Lincoln Tech is seeking an Educational Loan Specialist to handle the processing of all internal education loan requests. In addition, you would be responsible for follow up with the schools, to obtain additional paperwork and cosigners, and to resolve any pending loan requests.
Requirements
- HS Diploma or GED
- Minimum of 1 year industry experience working in a Financial Aid office, customer service, or loan processing environment
Nice To Haves
- Associates degree
Responsibilities
- Reviews all incoming credit applications and renders credit decisions within Lincoln's standard 72-hour processing period.
- Generates Pending Loan Reports and assists schools with follow up until a final decision is rendered.
- Creates and mails Adverse Action letters to applicants whose loan requests cannot be approved.
- Maintains an accurate database of all loan activity for periodic management review.
- Provides Loan Process training to new Financial Aid staff, as needed.
Benefits
- Medical, Dental, Vision
- Life and Disability Insurance
- 401(k) with Company Match
- Paid Time Off and Holidays
- Growth Opportunities
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
High school or GED
