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)
Palmer College of Chiropractic is looking for a Senior Director of Financial Aid Planning!
This position will direct and oversee the institutional financial aid and scholarship delivery system within applicable federal and state statutes and regulations; interpret federal regulations, guidelines and professional literature on financial aid; inform financial aid staff of changes, modifications and interpretations resulting from new or current legislation; establish and implement the philosophy, goals, budget and operating policies and procedures for the financial aid office; hire, train, supervise, evaluate and discipline department employees; develop, manage and oversee department budget; monitor expenditures and funding availability. The Senior Director of Financial Planning is responsible for implementing strategies that support new student enrollment, retention, and net revenue goals.
The Senior Director will prepare and submit appropriate applications and reports for the continued funding of federal and state financial aid programs; ensure compliance with all applicable federal and state laws and regulations; prepare financial aid and scholarship disbursement requests; certify loan applications; process Title IV refunds; reconcile financial aid account balances with Business Office and federal and state records.
This role will advise students regarding eligibility and responsibility, program requirements, alternative resources and budgeting; provide information individually and in group presentations for both financial aid and scholarship programs; retrieve, process and transmit data to and from external sources; establish and maintain scholarship donor relations; compose letters to legislative members expressing concerns and advocating financial aid issues; and perform related duties as assigned.
SPECIFIC DUTIES AND RESPONSIBILITIES
KNOWLEDGE, SKILLS, AND ABILITIES
EDUCATION AND EXPERIENCE
Bachelor’s degree required, advanced degree preferred; five years related experience, supervisory experience preferred; or equivalent combination of education and experience.
PHYSICAL REQUIREMENTS AND WORK ENVIRONMENT