Financial Aid Director

Job Summary
We are seeking a dynamic and detail-oriented Financial Aid Director to lead our institution’s financial assistance programs. This pivotal role involves overseeing the administration of federal, state, and institutional financial aid programs, ensuring compliance with all regulations, and providing exceptional guidance to students navigating their financial options. The ideal candidate will possess strong leadership skills, a comprehensive understanding of financial services, and a passion for supporting students’ educational journeys. As a key member of our administrative team, you will drive efficiency, accuracy, and transparency in all financial aid processes while fostering a welcoming environment for students and staff alike.

Duties

• Manage the overall administration of financial aid programs, including federal Title IV funds, state grants, scholarships, and institutional aid.
• Develop and implement policies and procedures to ensure compliance with federal and state regulations governing financial aid.
• Oversee the processing of student applications using systems such as PeopleSoft and Ellucian Banner, ensuring accuracy and timeliness.
• Conduct detailed financial analysis to determine students’ eligibility for various aid programs while maintaining meticulous records.
• Lead loan processing activities, including disbursement, repayment plans, and borrower communications.
• Collaborate with education administration teams to align financial aid strategies with institutional goals.
• Provide training and support to staff involved in financial aid operations to enhance their skills in areas like accounting, loan processing, and data management.
• Communicate complex financial information clearly to students, parents, faculty, and staff through workshops, individual advising sessions, or written materials.
• Monitor changes in legislation or policy that impact financial aid programs and adjust procedures accordingly.
• Prepare reports on program performance, funding allocations, and compliance status for senior leadership and accrediting agencies.

Requirements

• Bachelor’s degree in accounting, finance, education administration or a related field; Master’s degree preferred.
• Proven experience managing financial aid programs within higher education or similar educational institutions.
• Strong knowledge of accounting principles and financial analysis techniques relevant to educational funding.
• Experience working with student information systems such as PeopleSoft or Ellucian Banner; familiarity with Ellucian systems is highly desirable.
• In-depth understanding of federal student aid regulations (e.g., FAFSA processing), loan management processes, and compliance standards.
• Excellent communication skills with the ability to explain complex topics clearly and effectively to diverse audiences.
• Demonstrated leadership abilities with experience supervising teams involved in financial services or education administration functions.
• Proficiency in math for analyzing budgets, funding allocations, and statistical reports related to financial aid programs.
• Ability to adapt quickly to changing policies or technology platforms related to financial services in higher education environments. Join us as we empower students by providing transparent guidance through their educational financing options! Your expertise will help shape their academic success while ensuring our institution remains compliant and efficient in delivering vital financial support services.

Job Type: Full-time

Pay: $30,000.00 - $55,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Tuition reimbursement
• Vision insurance

Work Location: In person

Salary : $30,000 - $55,000