Financial Aid Manager
About The Position
Lincoln Tech in East Windsor, Connecticut, is seeking an experienced Financial Aid professional to lead the daily operations of the Financial Aid Department. The manager ensures incoming students are accurately and completely packaged and oversees timely Financial Aid processing in accordance with federal and state regulations and Company policy. The role includes training, developing, and evaluating staff; resolving student inquiries and issues; and managing Financial Aid Advisors and other department staff. The work schedule is determined by the Campus President to cover campus needs requiring Financial Aid participation. This may include evening and weekend events.
Requirements
- Associate's degree and at least 2 years of experience in Title IV Administration, or at least 3 years of experience in Title IV Administration and management.
- Functional knowledge of Microsoft Office systems.
- Ability to manage a team of employees.
Nice To Haves
- Bachelor's degree.
- Prior experience managing a team of Financial Aid Advisors.
Responsibilities
- Lead and manage the daily operations of the Financial Aid Department and its Advisors and staff.
- Reach out to students to support completion of their financial aid packaging and work with other departments and the Campus President to ensure start requirements are in place.
- Plan, direct, implement, and monitor timely Financial Aid processing in accordance with applicable federal and state regulations and Company policies.
- Implement policies and procedures to support accurate, timely, and ethical awarding and processing of Title IV funds.
- Train, develop, and evaluate staff to ensure work is accurate and efficient.
- Evaluate and resolve student inquiries, issues, and problems, ensuring appropriate action is taken in compliance with policy, procedure, and legal requirements.
- Conduct routine audits of active and inactive student files for Title IV compliance.
- Oversee processing of student loan and grant applications.
- Monitor and track the school's Institutional Loan Program.
- Ensure accurate completion of verification and documentation of independent status.
- Oversee maintenance of office document-tracking systems, including records for Pell Grants, federal loans, and income tax returns.
- Assist in coordinating the school's response to internal and external audits related to Title IV program management.
Benefits
- Medical insurance
- Dental insurance
- Vision insurance
- Life insurance
- Disability insurance
- 401(k) with Company match
- Paid time off
- Paid holidays
- Growth opportunities
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What This Job Offers
Job Type
Full-time
Career Level
Manager
Education Level
Associate degree
