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CH
Community HigherEd
Financial Aid Specialist
Career Insights for Financial Aid Counselor / Specialist
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Based on Oklahoma 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.
$63,580 / year median in Oklahoma
+11% projected growth
Job Description
Main Responsibilities Directs and coordinates the delivery of student financial aid and the maintenance of student financial aid records. Recommends, interprets, and updates financial aid policies, ensuring compliance with pertinent federal, state, and local laws and contractual regulations. Prepares applications and/or proposals for federal, state, and local funds; develops, directs, and implements budgetary controls for funds; and prepares department budget proposals. Coordinates financial aid operations with other appropriate departments, including Admissions and student records. Researches, analyzes, develops, and recommends departmental processes and procedures to increase and improve operational efficiency and to ensure proper controls and regulatory compliance. Assists with the Financial Aid office response to program reviews and audits. Conducts need analysis and determines individual student eligibility for various aid programs. Verifies documents and maintains student-generated information used to determine eligibility for financial aid awards. Maintains liaison with Federal, state, county, and other agencies to answer questions, resolve problems, provide data, and interpret and apply changes in rules and regulations concerning financial aid. Advises students regarding academic career objectives in relation to financial aid; reviews student's status to determine continuance or increase/decrease of aid. Develops updates and presents financial aid information as needed. Manages the student loan collection activities and, in collaboration with administration, develops and directs a loan default prevention program. Prepares a variety of Financial Aid program-related reports and correspondence as needed. Serves on college committees as required or assigned. Attends and participates in professional groups, seminars, and/or courses that provide Financial Aid staff development. Interact in a positive manner with prospectives, students, staff, and faculty Model the CARES philosophy (Collaboration, Adaptable, Resilient, Empowered, Student-focused) Attend graduation ceremonies Performs related duties as required or assigned.