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Job Details
Job Location: 2186 N SHERMAN DR - INDIANAPOLIS, IN
Position Type: Full Time
Salary Range: $45,000.00 - $50,000.00 Salary/year
Description
Reporting to the Associate Vice President of Enrollment Services, the Financial Aid Counselor is responsible for evaluating the financial needs of students from a variety of sources including documentation of financial status and personal interviews. Assist with coordination and supports activities for Financial Aid, to achieve a strategic, student-centered approach to financial aid activities in support of the University's mission and to integrate student financial accounts with the academic programs of the University.
This position does not supervise others.
Qualifications
ESSENTIAL JOB FUNCTIONS
* Counsels and advises students about financial aid eligibility, application procedures, aid programs, costs, indebtedness, money and management and financial planning; individualizes information to their specific need and situation of the student.
* Adheres to quality compliance auditing.
* Interprets and applies federal laws and regulations, college policies and regulations and state regulations relating to the disbursement of student financial aid funds and disbursement checks.
* Coordinates Federal Work Study Program with the Assistant Financial Aid Director.
* Directs Students in completing the FAFSA application, FSAID, Entrance/Exit Counseling, MPN (Master Promissory Note) & completing the Default Management Form.
* Processes State Grants, Freedom of Choice and 21st Century awards.
* Regularly assesses program functions to assure compliance within operating rules, regulations, policies and procedures; advises supervisor promptly of any programmatic irregularities.
* Assures the integrity of all student accounts data in compliance with all applicable state and federal laws, rules, and regulations.
* Assists with exploring program options and devising innovative strategies, policies and/or programs for goal attainment and process improvements to reach Financial Aid goals and objectives.
* Answers questions, inquiries, or requests from students, parents, or guardians in person or writing regarding financial aid programs and eligibility.
* Prepares required reports.
* Develops relationships and maintains effective communications with diverse groups, internal and external, in support of the institution's mission.
* Implements or assists in the implementation of new projects related to system conversions and federal, state regulations or institutional policy and other Financial Aid functions.
* Verifies student and parent's data to assure compliance and eligibility of students receiving aid under federal and institutional guidelines; notifies students of changes in eligibility of awards and alternatives to amend the situation.
* Assists with students, employers, outside agencies and/or staff to resolve financial aid issues.
* Responsible for assisting Quality Control monitoring of financial aid files.
* Operates effectively within established budgetary guidelines.
* Represents institution at functions upon request.
* Serves on administrative committees as assigned.
* Performs other duties as required.
MINIMUM REQUIREMENTS
* Associate's degree in Business, Public Administration, Humanities, or related field from an accredited college or university; Bachelor's preferred.
* Minimum one-year experience in a financial aid office with working knowledge of processing student aid packages.
* In-depth knowledge of Title IV and ICHE (State) regulations.
* Prior exposure and/or experience to government regulatory policy and procedure, post-secondary higher education funds and operations and working with financial aid reporting systems.
* Ability to work under pressure to meet timelines and objectives.
* Working knowledge of Microsoft Office (experience in Excel is a must).
* Excellent written and oral communication skills.
* Ability to deal effectively with a diverse student body.
* Exceptional customer service and organizational skills.
Full Time
$40k-52k (estimate)
06/13/2024
06/26/2024
martin.edu
INDIANAPOLIS, IN
25 - 50
1977
Private
KEITH HEUSTIS
$5M - $10M
Wholesale
The following is the career advancement route for Financial Aid Counselor positions, which can be used as a reference in future career path planning. As a Financial Aid Counselor, it can be promoted into senior positions as an Associate Financial Aid Director that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Financial Aid Counselor. You can explore the career advancement for a Financial Aid Counselor below and select your interested title to get hiring information.
If you are interested in becoming a Financial Aid Counselor, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Financial Aid Counselor for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Financial Aid Counselor job description and responsibilities
A financial aid counselor helps college and graduate students pay for their education.
02/12/2022: Terre Haute, IN
A financial aid counselor can help students and their families navigate the complicated financial aid process and help them get the funding they need.
02/19/2022: Middlesex, NJ
Financial aid counselors provide students and their families with information about financial aid need(for example, aid given by the government).
02/20/2022: Pueblo, CO
Financial aid counselor help students get the help they are entitled to and need.
03/10/2022: Elkhart, IN
The Office of Student Financial Aid will authorize the aid to apply to the student’s account.
04/11/2022: Seattle, WA
Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Financial Aid Counselor jobs
A student must complete more than 60% of the semester to earn 100% of the federal aid awarded.
02/24/2022: Yakima, WA
Determines students' eligibility for the various financial aid programs by evaluating their applications.
01/24/2022: Anaheim, CA
Develops students' money management skills by assisting students with financial planning.
02/26/2022: Newark, NJ
Contributes to the overall success of the Office of Student Financial Aid by performing all other duties as assigned by the Financial Aid Coordinator.
01/25/2022: Cleveland, OH
Scores must be sent directly from ACT, The College Board, or from the school counselor.
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Step 3: View the best colleges and universities for Financial Aid Counselor.