Financial Aid Officer

HEALTH CARE VOCATION•Toronto, ON

80d

About The Position

Medix College is seeking a full-time Financial Aid Officer to join our team! In this dynamic role, you will have an immediate impact on people and embody our Core Values daily by providing students with the guidance they need to take the next step in finding their career! Position Summary: The Financial Aid Officer is responsible for performing a variety of duties associated with the coordination, awarding, disbursement and returning of provincial financial aid assistance programs, as well as the collection of all tuition fees.

Requirements

This position requires a minimum formal education of a bachelor’s degree in a related ﬁeld or equivalent experience.
A minimum of one year of job-related experience required.

Responsibilities

Guiding and advising students in their search for educationally-related ﬁnancial assistance; determining under which program the student(s) should apply based on students' status, reviews, completed applications and approves/denies assistance and appeals of the standard OSAP assessment and OSAP part time loan/grant/bursary funding programs
Providing budget counseling to students and recommending plans to address ﬁnancial issues and managing ﬁnancial crises experienced by students; Conducting interviews with students, parents/partners and other third parties
Developing accurate costs by program for distribution to the appropriate funding authorities; providing consultation to internal and external college communities with accurate information and advice regarding policies and procedures
Ensuring proper distribution of OSAP funding (including approving tuition fee deferrals and tuition fee deduction from OSAP funds) in accordance with MCU and Career College Group policies and procedures
Maintaining fully up-to-date knowledge about frequently changing government plans and processes by researching latest legislation changes relating to all programs administered and reviewing their implications for ﬁnancial aid activities
Verifying student eligibility for funding by reviewing student income, registration status, fee payments and collection of Medix and NATS tuition fees in a timely manner, satisfactory academic progression
Tracking and updating all outstanding accounts including current, withdrawn and graduated student
Submitting monthly progress reports on all accounts receivables
Liaising with a variety of government/agency representatives and ﬁnancial institutions on behalf of students, and with other Financial Aid Advisors to coordinate/ conduct/ participate in shared events and workshops
Liaising regularly with other Financial Aid Advisors to coordinate/conduct/ participate in shared events and workshops
Contributing to the development and/or revisions of policies, and procedures that enhance the effectiveness of business practices and improve customer service in the Financial Aid Office
Provide information to students regarding ﬁnancial aid program requirements and procedure
Accept ﬁnancial aid applications, forms; review for completeness, accuracy; verify information reported on student applications to determine eligibility for awards; screen applications; review student folders, transcripts, test scores, and process
Maintain a high level of conﬁdentiality and document security
Interpret, apply and comply with federal, provincial and institutional regulations governing student ﬁnancial aid; maintain current working knowledge of guidelines/regulations related to ﬁnancial aid
Maintain a close working relationship with Admissions, Education and Administration departments
Participate in all required meetings and events as assigned
Provide exemplary customer service by going the extra mile for the customer
Other duties as requested by the Campus Director