Financial Aid Manager

NEIU•Chicago, IL

5d•Onsite

About The Position

Provides technical and fiscal reporting support to the financial aid office and serves as a member of the Executive Director’s leadership team. Lends direction, supervision and ERP support for application data, Federal Pell and TEACH Grant programs.

Requirements

Any one or combination totaling three (3) years (36 months) of college coursework in any discipline, as measured by the following conversion table or its proportional equivalent: 30 semester hours equals one (1) year (12 months) Associate’s Degree (60 semester hours) equals eighteen months (18 months) 90 semester hours equals two (2) years (24 months) Bachelor’s Degree (120 semester hours) equals three (3) years (36 months)
Two (2) years (24 months) of higher education, student services, or closely related experience.
One (1) year (12 months) of supervisory experience in higher education, student services, or closely related setting.
Thorough knowledge of FSA software and internet applications (e.g., EDConnect, COD, SAIG, Partner Portal, Knowledge Center, NSLDS).

Responsibilities

Management of the EDConnect processing with the U.S. Department of Education Federal Student Aid (FSA) Program
Transmitting, importing, exporting and tracking flow of data files to/from the FSA and into the University ERP.
Providing quality control and make corrections/updates to students’ records.
Training staff in use of FSA data and electronic output documents (ISIRS).
Monitor reports from the Common Origination & Disbursement software within required time frame.
Identify eligible applicants for award programs.
Ensure that program criteria are met by recipients.
Resolve any discrepancies and over awards between NEIU and other institutions.
Monitoring all electronic reporting and transfer monitoring to FSA of all Grant payments.
Reconciling batches and resolves discrepancies with FSA, University Grant Accounting and other schools.
Maintaining accurate records of payments and quality assurance that awards are paid appropriately and within required time frames.
Training and supervision of staff in processing and calculating Grant awards.
Final reporting and reconciliation of program records at fiscal year end.
Responsible for computer systems support, including coordination of daily maintenance and retrieving information for reporting.
Serves as a resource person for implementing system based solutions to financial aid programs, including testing of new patches, upgrades, monitoring of awards and disbursements.
Performs other duties/special projects as assigned.