Financial Aid Representative

Institute for Business and Tec • San Jose, CA

10d • Onsite

About The Position

Provides applicants with assistance in completing Financial Aid (FA) applications and determines eligibility. Packages students, prepares FA files. Follows regulations in disbursement of FA. Processes status changes. Promotes default management and helps students understand repayment responsibilities.

Requirements

• Experience working with government forms and lending terminology is essential.

Nice To Haves

• High school diploma required.
• Some college or vocational coursework is preferred.
• Two or more years of related work experience preferred.

Responsibilities

• Completes student files prior to Financial Aid Director’s review to ensure files contain accurate documentation.
• Performs the initial 20-minute estimate process for all prospective students, which includes a powerpoint presentation, gathering of information from the prospect to calculate an estimate, the presentation of the cost estimate to the prospect, and reviewing what is required to enroll.
• Accesses NSLDS to review prior loan/grant information. Prints copy for file, (to perform this essential function of the job, employee cannot have defaulted on a student loan in the past).
• Reviews cost of attendance and tentative financial aid awards with student; this process includes reviewing monthly payment arrangements if applicable. Schedules a follow-up appointment to complete the packaging process.
• Completes all additional paperwork prior to follow-up appointment. Reviews FA funds awarded, reviews non-Title IV payment arrangements, and answers any questions the student may have. Provides the student with copies of all complete paperwork.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED