Financial Aid Manager

NEIUChicago, IL
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. Provides administrative, technical and supervisory support in the management flow of Federal Direct Loans, Parent (PLUS) and other agency loans.

Requirements

  • Any one or combination totaling three (3) years (36 months) of college coursework in any discipline, or its proportional equivalent (e.g., 120 semester hours for a Bachelor's Degree).
  • 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).
  • Thorough knowledge of all types of student loan program eligibility including Federal Perkins, Federal Direct, Graduate PLUS, Parent and private loans.

Nice To Haves

  • Work experience managing office, business, or customer service/relations activities.

Responsibilities

  • Responsible for the electronic transmission of Direct Loan data as well as the supervision of staff that assists with that effort.
  • Responsible for determining student eligibility for both Federal Direct and private loan programs.
  • Responsible for returning any funds to the U.S. Department of Education FSA and private lenders when and if a borrower is determined to be ineligible.
  • 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 monitoring loan limits, program length. Curriculum Instruction Program (CIP) codes.
  • Performs other duties/special projects as assigned.

Benefits

  • health, dental, and vision benefits
  • sick and vacation days
  • participation in the State Universities Retirement System
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