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)
A Financial Aid Specialist typically:
1. Ensures Financial Aid and the University adheres to federal, state and institutional rules,
regulations and procedures.
2. Assist in the development of policies and procedures for the department of Financial aid in
coordination with administrators and University legal counsel.
3. Ensures Financial Aid follows record retention policies and best practices.
4. Serves as liaison with internal and external parties regarding Financial Aid operation.
5. Solves complex issues that requires research and analysis.
CREDENTIALS TO BE VERIFIED BY PLACEMENT OFFICER:
1. Bachelor’s degree in Accounting, Finance, or Economics or related degree.
2. Five (5) years experience working in student services, financial aid/loans, accounting,
business or finance in higher education or a related agency.
**NOTE: Master’s Degree in an area consistent with the duties of the position may be
substituted for one (1) year (12 months) of work experience.
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