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Senior Financial Aid Administrator

Touro University New York
Posted 5 months ago, valid for 9 days
Location

New York, NY 10008, US

Salary

$50,274 - $62,843 per year

Contract type

Full Time

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Sonic Summary

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  • The Senior Financial Aid Administrator will report to the Director of Financial Aid and oversee all aspects of the student financial aid process.
  • This role requires a Bachelor's degree and a minimum of 3 years of financial aid experience in higher education.
  • Key responsibilities include administering financial aid programs, ensuring compliance with regulations, and providing financial aid counseling to students and families.
  • Candidates should possess strong analytical skills, attention to detail, and excellent communication abilities to thrive in a fast-paced environment.
  • The salary for this position ranges from $50,274 to $62,843 per year.

Overview

Reporting to the Director of Financial Aid, the Senior Financial Aid Administrator is responsible for the management and oversight of all aspects of the student financial aid process. The Senior Financial Aid Administrator is also responsible for ensuring compliance with all regulatory bodies. The Senior Financial Aid Administrator is responsible for the day-to-day operations of the financial aid office. A candidate for this position must demonstrate self-motivation, a high degree of organizational skills, a high level of customer service orientation, and a collaborative spirit to be successful in the fast-paced environment associated with being a member of the Division of Student Affairs team.

Responsibilities

  • Administer federal, state, and institutional financial aid programs in compliance with all applicable regulations, including Title IV requirements
  • Ensure adherence to policies set forth by the US Department of Education and other regulatory bodies
  • Student packaging, awarding, verification, and disbursement processes
  • Monitor regulatory changes and implement operational updates to maintain compliance
  • Provide comprehensive financial aid counseling to prospective and current students and families
  • Guide students through FAFSA completion, verification requirements, and funding options
  • Resolve complex financial aid issues with a high level of professionalism and responsiveness
  • Utilize and maintain student information systems to ensure accurate processing and reporting
  • Performs exit interviews and loan counseling to students upon graduation

Qualifications

Education/Experience

  • Bachelor's degree required
  • Minimum of 3+ years of financial aid experience in higher education

Knowledge/Skills/Abilities

  • Strong analytical and problem-solving skills.
  • Exceptional attention to detail and regulatory accuracy.
  • Excellent communication and interpersonal skills.
  • Ability to manage multiple priorities in a fast-paced environment.
  • Commitment to student service and institutional mission.

Travel

  • Locally as needed for staff coverage
  • May be required to travel overnight for training

Maximum Salary

USD $62,843.00/Yr.

Minimum Salary

USD $50,274.00/Yr.



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