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TU
The University of Olivet
Financial Aid Counselor
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Based on Michigan data
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What they do
A Financial Aid Counselor or Specialist provides information and assistance to students and families, including information on student loans and other sources of financial aid. Leads group presentations or provides individual counseling and assistance with the application process; may also solicit and review applications for specific scholarships.
$64,699 / year median in Michigan
+7% projected growth
Job Description
Position Summary The Financial Aid Counselor is responsible for supporting the administration of federal, state, and institutional financial aid programs while delivering high-quality service to students and families. This role manages a caseload of students and ensures compliance with all applicable regulations while contributing to a student-centered, efficient financial aid operation. Key Responsibilities Counsel students and families on financial aid eligibility, application requirements, cost of attendance, and funding options Review and process financial aid applications (FAFSA/ISIR) and resolve conflicting information Determine student eligibility, including review of C-Flags, C-Codes, and database matches Perform federal verification and ensure compliance with Title IV regulations Package and adjust financial aid awards, including monitoring for over awards Manage Satisfactory Academic Progress (SAP) evaluations and appeals Review and process special circumstance requests using professional judgment Assist with loan processing, including Direct Loans and Parent PLUS Loans Support reconciliation, reporting, and compliance activities as needed Participate in recruitment, outreach, and financial literacy initiatives Provide front-line customer service and support to students, families, and campus partners Collaborate with Admissions, Student Accounts, and other campus departments to support student success Perform other duties as assigned Minimum Qualifications Bachelor s degree in Business, Finance, Accounting, Education, or related field 2+ years of experience in financial aid, student accounts, or a related field OR transferable experience (see below) Equivalent combination of education and experience may be considered Transferable Experience & Skills (Financial Aid Experience Not Required) Candidates do not need direct financial aid experience to be successful in this role. We strongly encourage applicants with transferable experience in compliance-based, detail-oriented, and student/client-facing roles to apply.