Financial Aid Officer

Ancora Education•Remote, US,
•$24 - $29

About The Position

The Financial Aid Officer (FAO) advises prospective and current students about financial aid options, including Title IV Programs. The officer provides information about guidelines and eligibility requirements and supports students in applying for available aid. Working within company processes, the FAO ensures students are packaged on time and in compliance with applicable standards. The role works directly with the Campus President to develop improvements to the quality and environment of the Financial Aid Department. The position works from 10:30 a.m. to 7:00 p.m. EST. It involves prolonged periods of sitting at a desk and working on a computer. The work environment is usually not exposed to weather conditions and typically has moderate noise. The job description notes that reasonable accommodations may be made for individuals with disabilities to perform essential functions.

Requirements

  • High school diploma or GED from an academic institution accredited by a regional or national accrediting agency recognized by the U.S. Department of Education.
  • One year of experience in a customer service-related field.
  • Ability to multitask while maintaining organization.
  • Excellent verbal and written communication skills.
  • Demonstrated ability to maintain confidentiality.
  • Must not be in default on any federal student loan.

Nice To Haves

  • Associate’s degree or higher from an academic institution accredited by a regional or national accrediting agency recognized by the U.S. Department of Education.
  • One year of prior experience in financial aid.
  • Experience with CampusVue.

Responsibilities

  • Advise incoming, continuing, and re-entry students about the availability of Title IV funds and resources to cover educational costs.
  • Answer student questions about completing the Free Application for Federal Student Aid and Direct Loan Entrance/Exit Counseling.
  • Complete verification for applications selected by the Department of Education.
  • Resolve conflicting information between financial aid documents and other documents in student files.
  • Conduct financial aid estimates for students interested in enrollment.
  • Submit student files promptly for Campus Compliance Specialist review while maintaining a low error rate.
  • Communicate with admissions personnel to ensure future enrollees have the documentation needed for packaging.
  • Upload files into the CampusVue operating system.
  • Update the Campus President on students who have not submitted documentation or paperwork required to receive Title IV funding.
  • Advise students about Institutional Payment Plans during packaging and facilitate completion of the IPP process when appropriate.
  • Use CampusVue effectively and track activities in the system.
  • Perform other duties as assigned.
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