Financial Aid Counselor - Higher Ed. administers the financial aid program and provides application counseling. Decides to award scholarships, grants, and other monetary rewards. Being a Financial Aid Counselor - Higher Ed. audits and reconciles financial aid accounts. Requires a bachelor's degree. Additionally, Financial Aid Counselor - Higher Ed. typically reports to a supervisor. The Financial Aid Counselor - Higher Ed. gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Financial Aid Counselor - Higher Ed. typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)
Claflin University is searching a Financial Aid Counselor works under the direction of the Director of Financial Aid. Assumes responsibility for counseling students (including the adult learner) and parents regarding the financial aid process, over-awards, need analysis, and budgeting. The Financial Aid Counselor manages a caseload of approximately 400 students. Responsible for the federal verifications process, determination of eligibility, and making financial aid awards. Responsible for the determining eligibility for state grants and scholarships for students within caseload. Manage some institutional scholarship programs. Performs any other duties within the scope of this position.
REVISED
PRINCIPAL DUTIES AND RESPONSIBILITIES
Confer with individuals via phone, in-person, and email to disseminate accurate information and answer questions related to federal and state financial aid eligibility, the application process, loan counseling, alternative financing, and institutional payment plans to students
(prospective and enrolled) and their parents. Use established departmental, federal, and state guidelines to advise and counsel students, and/or prospective students in solving their educational financial problems through scholarships, loans, grants, student employment and financial counseling. Interpret and explain the College's financial aid policies and procedures. Discuss eligibility criteria for various financial aid programs with students. Inform students if they are not eligible for financial aid programs. Pay close attention to detail assuring students complete the proper applications, documents, forms, and reading materials for the specific award year. Assist students in filling out and reviewing applications and supporting documentation for completeness and accuracy. Collect certain verification documents (tax returns, verification worksheets) from the student (and student's parents in some cases) to determine eligibility requirements. Compare and evaluate data including student's and parent's income and assets, household size, number in college, untaxed income, investments and business assets and debts listed on student's verification documents to the Student Aid Report (SAR) for accuracy and conflicting information. Inform students of missing or conflicting verification information. Resolve Student Aid Report (SAR) Comment Codes. Submit Student Aid Report (SAR) corrections for compliance issues under prescribed federal guidelines and regulations. Set up cost of attendance budget and enter financial aid program awards to eligible recipients in Colleague through the specific controls of program policy and guidelines. Advise students on terms, conditions, requirements, and limitations of awards. Process student's request for adjustments to their financial aid awards such as canceling all awards, decreasing, or increasing their loans, and accepting or declining federal work-study. Adjust aid awards due to enrollment changes, receipt of other aid, or other circumstances that cause the student's entitled award amount to change. Periodically review student records for accuracy, status checks, and quality control efforts. Will assist Financial Aid Counselors. Research student financial aid history on the National Student Loan Data Systems (NSLDS) and Common Origination and Disbursement (COD) Websites to correctly answer student's questions regarding financial aid. Manage difficult or emotional student situations and respond promptly to their needs while maintaining self-control. Focusing on solving conflict, not blaming. Maintain confidentiality of students and their records as prescribed through FERPA. Assist in covering the front desk area as needed. Perform other job-related duties as assigned.
KNOWLEDGE, SKILLS AND ABILITIES REQUIRED
Clear All
0 Financial Aid Counselor - Higher Ed. jobs found in Columbia, SC area