Student Finance Analyst I

Covista•Lisle, IL
•$20 - $25•Hybrid

About The Position

The Student Finance Awarding & Packaging Specialist evaluates student financial aid eligibility, awards federal, state, institutional, and private aid, and packages financial aid offers in accordance with regulatory requirements and institutional policies. The role supports student enrollment, retention, and persistence by ensuring accurate, timely, and compliant financial aid processing. The position operates on a hybrid schedule with four in-office days per week, Monday through Thursday. It is part of the Student Support department at Covista.

Requirements

  • Effective customer service skills.
  • Excellent verbal and communication skills.
  • Ability to maintain a high degree of professionalism and integrity.
  • Consistent attention to detail and follow-up.
  • Ability to work as a team player.
  • Ability to work in a fast-paced, deadline-oriented environment.
  • Ability to multitask and prioritize workload.
  • Proactive in researching new student finance regulations and issues.
  • Well-developed organizational skills.
  • PC skills in Microsoft Office, particularly Excel, database, and internet applications.
  • Excellent math and analytical skills.
  • Eligible to obtain and maintain systems access to the NSLDS system; must not be in default of Title IV federal aid.

Nice To Haves

  • Bachelor's degree preferred.
  • Two years of experience in student accounts and/or financial aid preferred.

Responsibilities

  • Review financial aid applications and supporting documentation to determine aid eligibility.
  • Award and package federal, state, institutional, and private financial aid funds.
  • Calculate student financial need based on Cost of Attendance (COA), Expected Family Contribution (EFC)/Student Aid Index (SAI), and applicable regulations.
  • Repackage aid when enrollment status, academic progress, or eligibility changes occur.
  • Ensure students receive the maximum eligible aid while maintaining compliance with federal and institutional guidelines.
  • Maintain compliance with federal Title IV regulations, state requirements, and institutional policies.
  • Verify student eligibility for financial aid programs.
  • Review and resolve conflicting information identified through verification and document collection processes.
  • Monitor Satisfactory Academic Progress (SAP) requirements and adjust aid eligibility accordingly.
  • Participate in audits, program reviews, and compliance initiatives.
  • Communicate financial aid awards, eligibility requirements, and funding options to students.
  • Assist students in understanding grants, scholarships, loans, and payment options.
  • Respond to inquiries regarding financial aid status, missing documentation, and award revisions.
  • Support enrollment and retention efforts by helping students navigate the financial aid process.
  • Perform other duties as assigned.
  • Comply with all policies and standards.

Benefits

  • Health, dental, vision, life, and disability insurance.
  • 401(k) retirement program with a 6% employer match.
  • 15 paid vacation days each calendar year.
  • 12 paid holidays and 2 floating holidays.
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