Financial Aid Specialist

Tricoci University•Park Ridge, IL

20h•Onsite

About The Position

The Financial Aid Specialist will execute financial aid and private loan activities, implement financial aid policies and procedures, and ensure financial aid compliance. This role involves working collaboratively with the Campus Director, Enrollment Advisor, and Student Services to maintain high customer service standards. The specialist will also perform administrative functions, complete management reports accurately and timely, and adhere to school, state, and federal standards.

Requirements

Have a clear working understanding of Title IV program information.
DOE/Title IV rules and regulations
Customer Service
Organizational skills
Team Player; ability to work well with Admissions
Detail Oriented
Excellent follow through skills
Pro-active thinker
Verbal and written communication skills
Computer skills

Responsibilities

Meet with prospective and current (or returning) students (and their families) to determine financial aid eligibility and provide guidance on financial aid-related applications.
Review student files and withdrawal documents for completeness and accuracy, in compliance with Federal and institutional policies and procedures.
Evaluate Federal and/or institutional requirements for all students who withdraw from TUBC.
Verify attendance, recalculate student eligibility, and process return of TIV funds.
Perform all refunds to ensure funds are returned to the appropriate Federal programs within required timeframes.
Work closely with the Business Office to verify student accounts when necessary.
Work closely with campus and Corporate Registrars to ensure timely processing of all student dismissals.
Report to Vice President of Student Finance for timely completion on all Federal calculations.
Assist students/parents with applications for financial aid.
Explain awards to students/parents as it relates to their financial aid eligibility.
Research and resolve any problems in a student FA file.
Financial aid packaging for reinstate and subsequent academic years.
All electronic processing - ISIR, FAFSAs, MPNs.
Timely and accurate processing of financial aid.
Maintain knowledge of appropriate regulations (Federal, state, and institutional).
Calculate R2T4 refunds for drops/withdrawals.
Provide student FA updates to the Admissions Advisor and Campus Director.
Manage the Federal Supplemental Educational Opportunity Grant.
Special projects as needed.