Position Summary

Purpose, Scope & Dimension of Job:

PurposeThis is one of twelve (13) positions that operate as a team to administer all of the student financial aid programs for the College. The Financial Aid Office (FAO) supports the College by helping students access available and appropriate sources of financial aid thereby enabling the College to reach its enrollment goals. All staff in the FAO Office are responsible for assisting students and parents and processing Financial Aid applications. Staff members may be assigned to focus on a specific area of responsibility.

Scope

1. This position has eight key areas of accountability:
2. Providing high quality support to students who visit or call the FAO Office. Oversees all aspects of Pell and Loan Programs (Direct: Subsidized, Unsubsidized, Plus and Alternative loans) that administers over $40 million to students annually.
3. Analysis of FA data, accounts and reconciliation of Title IV funds monthly (Pell, Direct Loans and SEOG).
4. Serve as Chair of the Satisfactory Academic Progress (SAP) Committee and oversee the appeal process to ensure the College is in compliance with administering SAP policy and requirements.
5. Completion of State and Federal Reports in conjunction with Institutional Research and Information Technology Services including the FISAP, IPEDs etc.
6. Report/oversee the Second Chance Pell Experimental Program.
7. COD Interface for Pell and Direct Lending
8. Packaging, Report Analysis and Transfer Monitoring

This position exists to ensure that the FAO is in compliance with Generally Accepted Accounting Principles and the processes and procedures established by federal, state and college governance. The job consists of analytical thinking that enables the functionality of an integrated ERP system such as Datatel and Starfish to be in audit compliance and reconciled through both the Student and Colleague Financial modules as well as with COD and the G5 accounts.

All reconciling functions ensure clean audits as well as assists in detecting potential errors that may have been made in awarding or disbursements. Reconciling prevents loss due to these possible errors.

Dimensions

1. 80% of Mott students receive some form of financial assistance which represents over $40 million annually.
2. Approximately 4,800 students receive $15 million in Pell grants annually.
3. Approximately 6,500 students receive $ 21 million in Federal and Private Student Loans annually.

Supervisory Responsibility:

No supervisory responsibility.