Financial Aid Officer Position Available In Charleston, South Carolina

Financial Aid Officer Southeastern College•3.4

North Charleston, SC Job Details Full-time Estimated:

$41.4K•$47.6K a year 23 hours ago Benefits Paid training Health insurance Dental insurance 401(k) Paid time off Vision insurance 401(k) matching Qualifications Mid-level Bachelor’s degree Experience working with students Financial concepts Accounting Financial services Lending 1 year Associate’s degree

Full Job Description Benefits:

401(k) 401(k) matching Competitive salary Dental insurance Health insurance Paid time off Training & development Vision insurance

OVERVIEW

The purpose of the Financial Aid Officer is to guide students through the financial aid process and ensure they are properly funded. The Financial Aid Officer coordinates with admissions and academics to keep the students engaged and on-track.

BUSINESS CONTRIBUTIONS

The role of Financial Aid Officer is to ensure that students are properly funded, packaged, and prepared to start each semester. This is accomplished by making sure that: Students are made aware of all available funding options Students are properly vetted and appropriately packaged Funds are posted in a timely manner

ESSENTIAL FUNCTIONS

Conducting Initial Overview with

Student:

Provide basic overview of financial aid process Assist with filling out FAFSA form Explain forms and direct to web-sites for additional information Provide checklist of documentation needed for second appointment Provide Federal guide (requirement) Conducting Financial Aid Review with

Student:

Provide information and assess student financing needs Review FAFSA for Title IV eligibility Counsel on financial aid eligibility and financing options Check Veteran’s Affairs verifications/GI Bill Discuss grants and scholarships Review registration schedule Create cost estimate and review with student Breakdown expenses and fees Discuss any balance and additional private financing options Where applicable•review “parent for loan” option Acquire necessary documents from lenders Provide necessary documents to lenders Enter student data into system Set-up student financing package Reviewing and Following-up on

Initial Packaging:

Review ISIR Review any C-flags or H-flags If selected for Federal verification, get verification documents Follow-up on private loan approvals Scan to DRS Submit to Director of Financial Aid for review and processing Work with Bursar to post cash payments

Monitoring and Tracking Financial Aid Packages:

Review monthly start date reports Review monthly account balance reports Investigate account balance issues Monitor for potential defaults Follow-up on potential and actual defaults Track Sally Mae, government/private scholarship, grant, and private loan postings Track drops and academic dismissals Re-package continuing students Preparing Graduating and Exiting Students (graduating, dropped, and dismissed students): Conduct exit interviews Discuss payment responsibility Discuss loan consolidation Clear balance with Southeastern College

PHYSICAL DEMANDS

The physical demands are those required in a professional office setting: sitting, working on a computer, using a telephone, communicating with coworkers and getting to and from appropriate campuses.

WORK ENVIRONMENT

Professional office setting: moderate noise levels and controlled indoor climate. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

LOCATION

This position is an onsite position located at your campus unless otherwise determined by the Executive Director and/or designee. Any changes must be reviewed by the Campus President and all final approvals must come from the Executive Director and/or designee.

Job Specification Financial Aid Officer Knowledge, Skills, and Experience:

The Financial Aid Officer role is primarily focused on assisting students with securing the funding necessary to complete their education at Southeastern College. Thus, Financial Aid Officers engage in a heavy a heavy degree of interaction with prospective and current students. The role requires a consultative approach. In order to successfully engage students and gain their trust, Financial Aid Officers should have experience in working with clients and customers on financial issues. Financial Aid Officers must be organized and detailed in their approach to work. Below is an inclusive but not exhaustive list of various knowledge, skills, and other characteristics that are necessary for effective performance in the Financial Aid Officer position.

Knowledge:

Finance and accounting Business planning•how to organize legal documents and financial package data; develop and follow a systematic approach; and organize time

Skills:

Goal setting•set reasonable, yet high targets, and create a plan for attaining those targets Interviewing•discuss and convey financial concepts with students, understand student needs and resources, provide actionable guidance based on needs•

Experience:

Experience in finance and accounting is critical to success as a Financial Aid Officer. Although not exhaustive, work experience in the following areas is highly valued:

Financial Aid Services Mortgage Broker Financial Services/Lending Education, Experience, and Training:

At Southeastern College, Financial Aid Officers assist prospective and current students in acquiring the necessary financial aid to help them attain their goal of higher education. A critical part of this endeavor is helping students understand the financial aid process and assist them in making the correct decisions. Thus, it is critical that Financial Aid Officers have, at a minimum, an Associate’s degree but an Bachelor’s degree is preferred and at least 2 to 4 years of finance experience and the willingness to work with students.