Financial Aid Analyst
About The Position
1) Determine student and parent eligibility and award Federal Direct Loans in the Banner system. Calculate award amounts within the assigned Cost of Attendance to ensure the aid package meets federal guidelines. Originate the loan records in compliance with federal regulations. 2) Calculate and certify eligibility for private / alternative loans. 3) Research student loan information through the utilization of various student aid databases, including Common Origination and Disbursement (COD), the National Student Loan Data System (NSLDS), and ELM. 4) Review rejected loan transactions and resolve loan processing and disbursement issues. 5) Provide loan-related guidance to the MT One Stop and inform students and parents regarding eligibility for federal and private / alternative student loans.
Requirements
- High School diploma or High School Equivalency (HSE) required.
- Two years of progressively responsible experience in an office / customer service environment required.
- A bachelor’s degree may be considered in lieu of work experience.
Nice To Haves
- Associate Degree (or higher).
- Knowledge of policies, regulations, and practices for awarding federal and private/alternative loans.
- Experience using the Banner System, federal Common Origination & Disbursement system, National Student Loan Data System, and ELM.
Responsibilities
- Determine student and parent eligibility and award Federal Direct Loans in the Banner system.
- Calculate award amounts within the assigned Cost of Attendance to ensure the aid package meets federal guidelines.
- Originate the loan records in compliance with federal regulations.
- Calculate and certify eligibility for private / alternative loans.
- Research student loan information through the utilization of various student aid databases, including Common Origination and Disbursement (COD), the National Student Loan Data System (NSLDS), and ELM.
- Review rejected loan transactions and resolve loan processing and disbursement issues.
- Provide loan-related guidance to the MT One Stop and inform students and parents regarding eligibility for federal and private / alternative student loans.
Benefits
- Sick Leave
- Vacation Leave for Administrative/Classified Staff/12-month Faculty
- 13 paid University holidays
- Medical, dental, vision, and life insurance
- Retirement plans
- Optional 401K and 403B Deferred Compensation Plans
- Educational benefits for the employee and their spouse and dependents
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
High school or GED
Number of Employees
11-50 employees
