Financial Aid Accountant

University of Maryland Global CampusAdelphi, MD
14dHybrid

About The Position

University of Maryland Global Campus (UMGC) seeks a Financial Aid Accountant.

Requirements

  • Bachelor’s degree from an accredited institution of higher learning plus four (4) years of professional experience in higher education, banking, accounting, business or customer service.
  • Excellent interpersonal, verbal and written communication skills; demonstrated experience with computerized office systems including but not limited to; Microsoft Office applications such as Word, Excel and PowerPoint.
  • Demonstrated ability to prioritize and manage multiple administrative tasks with minimal oversight and experience providing customer service in a timely and proficient manner.

Nice To Haves

  • Financial aid experience and functional experience with PeopleSoft and/or Salesforce

Responsibilities

  • Review complex enrollment scenarios to determine if a Return to Title IV Funds calculation, post withdrawal disbursement or loss of financial aid eligibility is required and use strategic and independent judgment to perform R2T4 calculations within the federally mandated timeframes.
  • Create computerized reports, merge and evaluate data from multiple sources, change award amounts, maintain statistical data, and generate communications to students.
  • Counsel and advise students, parents, and UMGC staff on the impact of changes in enrollment, financial aid eligibility and balances due to the university.
  • Maintain current knowledge of federal Title IV regulations, state rules and institutional policies pertaining to financial aid and identify ongoing improvements/automation for the R2T4 process.
  • Develop R2T4 models for each semester.
  • Other job-related duties as assigned.
  • Must be able to meet and maintain access requirements for secure federal and/or state websites, such as the National Student Loan Data System (NSLDS).

Benefits

  • Generous Time Off: Enjoy 22 days of paid vacation, 15 days of sick leave, 3 personal days, and 16 paid holidays (17 during general election years).
  • Comprehensive Health Coverage: Access to health care, medical with vision, dental, and prescription plans for both individuals and families, effective from the 1st of the month following your hire date.
  • Insurance Options: Term Life Insurance, Accidental Death and Dismemberment Insurance, and Long-Term Disability (LTD) Insurance. Part-time employees working less than 0.5 FTE are not eligible for LTD.
  • Flexible Spending Accounts: Available for medical and dependent care expenses.
  • Retirement Plans: Choose between the Optional Retirement Program (ORP) or the Maryland State Retirement and Pension System (MSRPS).
  • Supplemental Retirement Plans: include 401(k), 403(b), 457(b), and various Roth options. The university does not provide matching funds.
  • Tuition Remission: Immediate availability for Regular Exempt Staff. Spouses and dependent children are eligible for undergraduate tuition remission after two years of service. NOTE: For part-time employees (at least 50 percent of the time), tuition remission benefits are prorated.
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