Financial Aid Advisor

Ladies & Gentlemen Salon and Spa • Mentor, OH

118d

About The Position

The position involves assisting in the enrollment process by financing students for school. The role ensures that current students are meeting their payment plan obligations and are on track with filling out FAFSA's and auditing their ledgers. The individual will develop financial aid packages, process loans, bill students, and maintain communication regarding financial issues.

Requirements

• High School Degree.
• 3-5 years prior work experience in a business setting.
• Proficient in Microsoft Office.
• Experience with SMART, SpaBiz, Salesforce, FasLine/Edge Portal/NSLDS/COD a plus.

Responsibilities

• Develop individual Financial Aid packages and meet with prospective students to discuss review and answer questions.
• Work with students to process parent loan credit checks, private lending or cash payment plan options.
• Bill cash pay students monthly, collect payments, or place students on Administrative Leave or non-payment of funds.
• Remind students to complete new FAFSA when a new award year is approaching.
• Monitor and collect verification, C code and professional judgement paperwork from those students chosen in the new award year.
• Request crossover PELL grants.
• Review student ledgers to ensure disbursements are coming through in a timely manner.
• Open communication with current students regarding financial issues, academic issues, attendance, withdrawals, disciplinary actions, terminations.
• Support Admissions with the annual scholarship contest competition.
• Participate in yearly financial aid and FAS audits.
• Check FASLine for new ISIRs and contact interested students.
• Enroll new students into SMART at each start date.
• Update NSLDS for transfer student monitoring, enrollment status changes.
• Instruct students in completing required financial aid documents, collect and maintain documents including loan counseling and disclosures.
• Notify students of financial aid disbursements and changes/updates to financial aid.

What This Job Offers

• Education Level: High school or GED