Financial Aid Specialist

Company: Chadron State College

Job Location: Chadron, Nebraska

Category: Financial Aid

Type: Full-Time

Job Summary

Nature of Work

Assist with the administration of federal and state student aid programs by processing and verifying applications, processing awards, running disbursements, tracking scholarships/waivers, drafting letters, monitoring academic progress and running reports. Answer questions and provide financial aid information regarding scholarships, grants, work study, and student loans.

Examples of work performed

Essential Duties:

1. Assists with the administration of the Federal and State Student Aid programs in accordance to federal and state regulations. Assign financial aid award notifications to students. Monitor continued eligibility for the various programs in accordance to the federal and state regulations, including Satisfactory Academic Progress and Return to Title IV
2. Provide financial aid information and respond to specific questions about a student's case by phone, walk-in, and email. Monitor email accounts.
3. Assists with the federal and state payment processes, which include transmitting and receiving electronic files to and from COD, down/uploading electronic files to and from the student information system, and reconciling disbursement records with COD, including troubleshooting related issues as they surface
4. Assists with the Work Study program for both the on and off campus functions, including administering the America Reads, Community Service programs and the Off Campus contracts and appropriate communications
5. Administer the verification process, which includes verifying FAFSA accuracy on all applications selected, making the appropriate corrections and submitting to the Central Processing System and providing appropriate communications
6. Assists with the management of all fund balances for the federal and state programs and oversee the limited resource funds are fully expended for each award year
7. Assists with Direct Loan reconciliation
8. Administer outside scholarships and manage student aid over awards

Secondary Duties:

1. Process staff waiver forms
2. Complete external forms requesting financial aid package information, including but not limited to BIA, Vocational Rehabilitation, Low Income Housing forms, etc
3. Other duties as assigned by the Assistant Director of Financial Aid

Required Qualifications:

Bachelor's degree or related work experience

Experience in business education, administration, computer training and/or related areas

Must have good oral and written communication skills

Must maintain confidentiality of information concerning student records

Preferred Qualifications:

None

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