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Financial Aid Lead Representative
Swedish Institute New York, NY
$49k-64k (estimate)
Full Time 1 Month Ago
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Swedish Institute is Hiring a Financial Aid Lead Representative Near New York, NY

The Senior Financial Aid Administrator evaluates the financial needs of current and prospective students and parents regarding financial aid eligibility, the various Title IV programs available, and reviews documents to process for award delivery while providing quality customer service.

  • Advises students and parents about financial aid eligibility, federal aid programs, application process and procedures, and financial need in accordance with Title IV Federal regulations.
  • Assists the Admissions Team with prospective students by pre-qualifying potential students based on Title IV information accessed through NSLDS.
  • Conducts financial needs analysis, determines eligibility for Title IV Federal Aid programs, utilizes and updates database with awards and scheduled disbursements in conjunction with third-party servicer.
  • Ensures that awarded financial aid is packaged and disbursements scheduled in accordance with Title IV regulations.
  • Performs verification as set by the Department of Education to ensure data accuracy. Counsels students and parents on changes to financial aid awards.
  • Provides direction to students on how to resolve conflicting information on the ISIR.
  • Reviews appeal documents for accuracy and completeness prior to submission to Director of Financial Aid.
  • Coordinates with Admissions counselors to provide an effective and seamless student recruitment, entry, and enrollment process.
  • Performs exit interviews and loan counseling to students upon graduation.
  • Works with Chief Operating Officer to proactively manage timely disbursements in line with Satisfactory Academic Progress requirements.
  • Maintains all required documentation for compliance.
  • Works with Chief Operating Officer to prepare for annual regulatory audits and reviews as required.
  • May assist students in developing and implementing realistic financial budgets and determine available options.
  • Develops and maintains current knowledge of financial aid programs and eligibility requirements by attending trainings, workshops, and conferences. May participate in and assist with Financial Aid cross-functional training.
  • Previous Financial Aid Experience – 4 years of experience minimally
  • Experience with managing the entire financial aid process.

Compensation details: 65000-70000 Yearly Salary

PI3f74ededab54-25401-33954326

About the Company:
Swedish Institute Inc

Job Summary

JOB TYPE

Full Time

SALARY

$49k-64k (estimate)

POST DATE

03/07/2024

EXPIRATION DATE

04/11/2024

WEBSITE

swedishinstitute.edu

HEADQUARTERS

Seattle, AZ

SIZE

200 - 500

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