Financial Aid Director - Higher Ed. jobs in Oklahoma City, OK

Financial Aid Director - Higher Ed. manages and administers all aspects of student financial aid program. Oversees the critical flow of all grant, loan, and scholarship dollars to proper entities as required. Being a Financial Aid Director - Higher Ed. instructs students and parents on the application for loans or scholarships. Has knowledge of available private, state, and federal financial aid programs. Additionally, Financial Aid Director - Higher Ed. requires a bachelor's degree. Typically reports to a senior institutional officer. The Financial Aid Director - Higher Ed. typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. To be a Financial Aid Director - Higher Ed. typically requires 3+ years of managerial experience. (Copyright 2024 Salary.com)

Recently Added Financial Aid Director - Higher Ed. jobs

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Director of Financial Aid
  • Mid-America Christian University
  • Oklahoma, OK FULL_TIME
  • Job Title: Director of Financial Aid


    Division/Department: Financial Aid Office

    Location: Main Campus


    Reports to: Executive Vice-President

    Pos. No.: 213


    Position Type: Full-Time

    FLSA Status: Exempt

    Hours worked Per Week:
    40-50



    POSITION SUMMARY:
    The Director of Financial Aid reports to the Executive Vice President and is primarily responsible for the overall operation of all Financial Aid programs (institutional, state, and federal). The Director of Financial Aid provides leadership direction and coordination by providing oversight of the daily core operations for financial aid and management of the Office of Financial Aid. This role is responsible for developing a comprehensive vision and strategy for financial aid operations. This position monitors federal and state regulatory environments and identifies any resulting changes that may impact the office workflow to generate financial aid packages The position serves as the Title IV Compliance Officer for the University. The Director will provide leadership creating an environment of consistency, accuracy, and excellent customer service.


    ESSENTIAL DUTIES AND RESPONSIBILITIES:
    • Leads the financial aid team to accomplish University mission to provide personalized, accurate and timely service; and to remain in compliance in the awarding of financial aid. Leads with integrity, positivity and professionalism.
    • Manage, hire, train, supervise and evaluate Office of Financial Aid staff to develop an enthusiastic and highly competent professional performance levels. Determines work priorities, trains, delegates tasks, and evaluates work efforts.
    • Communicates and works collaboratively with leadership, other departments, faculty and staff to accomplish retention and recruitment goals and objectives of financial aid and the University.
    • Ensure compliance with federal and state laws and rules and regulations that pertain to financial aid programs, such as the Higher Education Act and Federal Student Aid and the Family Educational Rights and Privacy Act (FERPA); and compliance with MACU’s confidential and proprietary information policy.
    • Provides accurate and timely financial aid applications and reports to federal and state agencies, including but not limited to, Program Participation Agreement (PPA), Fiscal Operations Report and Application to Participate (FISAP), and Integrated Postsecondary Education Data System (IPEDS).
    • Provides accurate and timely reports for internal controls, strategic decision-making and audits.
    • Thinks creatively and works in a team to increase enrollment and retention.
    • Designs, implements and evaluates the effectiveness of financial aid communications.
    • Develops, implements, and revises policies and procedures to ensure compliance with all Federal and State laws and regulations. Responsible for the development and implementation of college polices as they relate to financial and institutional aid.
    • Ensures accurate and timely updates to the PowerFAIDS software and the Jenabar financial aid module in collaboration with IT as needed.
    • Serves on MACU’s compliance, planning and policy-making committees, as assigned.
    • Develops and manages the annual financial aid department budget.
    • Coordinate the annual reconciliation of federal, state and institutional programs.
    • Maintains a high level of professional competence in best practices in financial aid, program assessment, operational budgeting and a working knowledge of the college software system.
    • Coordinate enrollment reports with the Registrar's Office to the National Student Loan Clearinghouse (NSLC) and the National Student Loan Data System (NSLDS).
    • Directs all aspects of the financial aid program, including merit-based scholarships, need-based grants, student loans, and the work study opportunities in compliance with federal and state laws and in accordance with university policies.
    • Coordinate with Bursar’s Office to ensure proper cash management procedures, including timely disbursement of funds.
    • Ensure all financial aid and verification documents are received and properly processed.
    • Supervises and monitors the Financial Aid satisfactory academic progress (SAP) process for financial aid students, ensuring that review and notification to students is done based on the established College policy and schedule, and Federal Financial Aid Regulations.
    • Develop procedures to enhance collaboration and communication with Admissions, Enrollment, Registrar and Academic Affairs to promote effective enrollment management within the University.
    • Administer the budget and reporting for the Federal Work Study (FWS) program and coordinate with the Coordinator of Student Employment on all aspects of student employment.
    • Administers, controls, and coordinates federal, state and institutional financial aid funds from numerous individual programs. Ensures compliance with all laws and regulations through accurate reporting and auditing and resolves any issues related to auditors' findings.
    • Processes the awarding of financial aid funds utilizing federal needs analysis calculations. Reviews the processing and edits work performed by the department staff. Resolves complex problems for office staff, students and other parties involving funding, awarding and/or disbursement of funds.
    • Counsels students and parents in regard to financial eligibility. Uses professional judgment in determining the appropriate categorizing of information based on individual circumstances.
    • Conducts financial aid presentations at local high schools, classroom visits on and off campus, and other venues are requested.
    • Responsible for Return to Title IV Calculations
    • Collaborates across campus on ways to increase financial literacy, reduce student financial aid bad debt and reduce MACU’s cohort default rates.
    • All other duties as assigned by the Executive Vice President.


    SUPERVISORY RESPONSIBILITIES:
    Directly supervises employees in the Office of Financial Aid. Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.


    QUALIFICATIONS:
    To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.
    • Knowledge of financial aid systems, procedures, and standards.
    • Knowledge and ability to apply current financial aid delivery mechanisms and adapt with new technological developments, as applicable.
    • Knowledge of general auditing and SFS policies, standards & procedures across universities, federal and state levels.
    • Skill in planning, developing, coordinating, and directing financial aid programs and initiatives.
    • Knowledge and understanding of financial aid process and programs including (but not limited to): financial aid general eligibility criteria, federal grants, state grants, federal loans, private loans, campus-based aid programs, outside scholarship, military benefits and institutional aid.
    • Extensive process and regulatory knowledge of mission critical area of processing tools (e.g. ED Tools, COD, CPS, NSLDS)
    • Experience with Jenzabar and PowerFAIDS Administrative Software or an equivalent SIS System.
    • Skill in writing reports containing technical information.
    • Experience using technology and data to improve processes.
    • Ability to adhere to federal, state, and institutional policy and compliance requirements including confidentiality and recordkeeping requirements
    • Experience in budget preparation, fiscal management and forecasting.
    • Experience in planning, analyzing, and coordinating activities and establishing priorities.
    • Skill in supervising and training employees, to include organizing, prioritizing, and scheduling work assignments.
    • Experience in building effective teams to ensure customer service standards are met and assigned goals and objectives are reached.
    • Excellent managerial skills including encouraging a positive, productive atmosphere, monitoring staff workload, resources and efficiency, assessment of staff, and corrective action plans.
    • Ability to demonstrate excellent customer service including accurate and timely support to students and staff
    • Outstanding interpersonal and community relations skills and the ability to communicate and work effectively within a diverse community.
    • Proper phone etiquette and the ability to represent the university in a professional manner required
    • Ability to dynamically problem-solve for customers while providing practical information and options
    • Excellent computer skills, including effective utilization of Microsoft and Google products.
    • Ability to work a flexible schedule that will include days, evenings, and weekends.
    • Ability to articulate and defend the unique Christian educational mission and vision of the University to a wide variety of individuals and groups.
    • Individual must not be in default on any federal student or parent loan.
    • Individual must not be convicted of, or have pled nolo contendere or guilty to, a crime involving the acquisition, use, or expenditure of federal, state, or local government funds, -or- be administratively or judicially determined to have committed fraud or any other material violation of law involving federal, state, or local government funds (CFR 668.14(b)(18)(i)).

    EDUCATION and/or EXPERIENCE:
    A Master's degree from a four-year college or university is preferred but a Bachelor’s degree is required. Seven (7) to nine (9) years of progressively responsible financial aid experience in a post-secondary institution.
    with five (5) to seven (7) years in a supervisory position preferred.

    PHYSICAL DEMANDS:
    The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
    While performing the duties of this job, the employee is frequently required to walk; sit; use hands to finger, handle, or feel; reach with hands and arms, and talk or hear. The employee must occasionally lift and/or move up to 25 pounds.


    WORK ENVIRONMENT:
    The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
    The noise level in the work environment is usually moderate.
  • 15 Days Ago
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Financial Aid Counselor I
  • Oklahoma State University
  • Stillwater, OK FULL_TIME
  • Provide financial aid counseling for students and parents. Certify eligibility for specific loan, scholarship, and test fee waiver programs. Participate in the recruitment and retention of students at...
  • 20 Days Ago
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Financial Aid Counselor
  • Mid-America Christian University
  • Oklahoma, OK FULL_TIME
  • Financial Aid Counselor Location: Main Campus Reports to: Director of Financial Aid Position Type: Full-Time FLSA Status: Non-Exempt Hours worked Per Week: Approximately 40 POSITION SUMMARY: Counsels ...
  • 20 Days Ago
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Financial Aid Clerk/Receptionist
  • East Central University
  • Ada, OK OTHER
  • Job Title: FINANCIAL AID CLERK/RECEPTIONIST Reports to: Financial Aid Director FSLA: Non-Exempt SUMMARY This position is responsible for responding to the needs of students, the general public, and st...
  • 30 Days Ago
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Financial Aid Counselor
  • East Central University
  • Ada, OK OTHER
  • Job Title: FINANCIAL AID COUNSELOR Reports to: Financial Aid Director FSLA: Non-Exempt GENERAL DESCRIPTION/PRIMARY PURPOSE: The role involves advising a section of the Financial Aid Applicant pool, as...
  • 30 Days Ago
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Financial Aid Specialist
  • Oklahoma State University
  • Stillwater, OK FULL_TIME
  • Job Summary: The Financial Aid Specialist position serves as the initial point of contact for all student and parent inquiries regarding the application process for federal, state, and institutional a...
  • 1 Month Ago
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0 Financial Aid Director - Higher Ed. jobs found in Oklahoma City, OK area

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ADON, Sign On Bonus
  • Epworth Villa
  • Oklahoma City, OK
  • Job Description Job Description $5,000 Sign On Bonus! Are you ready to make a meaningful impact in the lives of seniors ...
  • 4/23/2024 12:00:00 AM
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Director of Nursing, SIGN ON BONUS
  • Epworth Villa
  • Oklahoma City, OK
  • Job Description Job Description $5,000 Sign on Bonus! Are you ready to make a meaningful impact in the lives of seniors ...
  • 4/23/2024 12:00:00 AM
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Condition Assessment Leader - Pipeline Assessment & Renewal - Specialized Solutions (US Hybrid)
  • Black & Veatch
  • Oklahoma City, OK
  • **Condition Assessment Leader - Pipeline Assessment & Renewal - Specialized Solutions (US Hybrid)** Date: Apr 18, 2024 L...
  • 4/23/2024 12:00:00 AM
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Chief Lending Officer
  • Sovereign Bank
  • Oklahoma City, OK
  • Come join our growing team and be a part of the largest Tribal Owned Bank in the nation! We offer an excellent benefits ...
  • 4/21/2024 12:00:00 AM
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Dir Enterprise Sales Sr
  • Canon USA & Affiliates
  • Oklahoma City, OK
  • **Dir Enterprise Sales Sr - req1175** **OVERVIEW** The Senior Director Enterprise Sales exists to develop and facilitate...
  • 4/20/2024 12:00:00 AM
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Director of Public Health
  • Oklahoma City Indian Clinic
  • Oklahoma City, OK
  • Oklahoma City Indian Clinic (OKCIC) is a non profit corporation that provides culturally sensitive health care to the Am...
  • 4/20/2024 12:00:00 AM
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Director of Public Health
  • Oklahoma City Indian Clinic
  • Oklahoma City, OK
  • Oklahoma City Indian Clinic (OKCIC) is a non profit corporation that provides culturally sensitive health care to the Am...
  • 4/20/2024 12:00:00 AM
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E
ADON, Sign On Bonus
  • Epworth Villa
  • Oklahoma City, OK
  • $5,000 Sign On Bonus! Are you ready to make a meaningful impact in the lives of seniors while thriving in your career? E...
  • 4/19/2024 12:00:00 AM
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About Oklahoma City, Oklahoma

Oklahoma City lies along one of the primary corridors into Texas and Mexico, and is a three-hour drive from the Dallas-Fort Worth metroplex. The city is in the Frontier Country region in the center of the state, making it an ideal location for state government. According to the United States Census Bureau, the city has a total area of 620.34 square miles (1,606.7 km2), of which 601.11 square miles (1,556.9 km2) is land and 19.23 square miles (49.8 km2) is water. Oklahoma City lies in the Sandstone Hills region of Oklahoma, known for hills of 250 to 400 feet (120 m) and two species of oak: blac...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Financial Aid Director - Higher Ed. jobs
$71,635 to $103,624
Oklahoma City, Oklahoma area prices
were up 1.2% from a year ago
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What does a Financial Aid Director - Higher Ed. do?

Financial Aid Director - Higher Ed. in Cheyenne, WY
Financial aid can make or break your ability to recruit, enroll, and retain your institution's best prospects.
January 03, 2020
Financial Aid Director - Higher Ed. in Miami, FL
You need to allocate available aid efficiently and fairly with up-to-the-minute data and smooth communications.
January 23, 2020