Financial Aid Representative

Description

Provides applicants with assistance in completing Financial Aid (FA) applications and determines eligibility. Packages students, prepares FA files. Follows regulations in disbursement of FA. Processes status changes. Promotes default management and helps students understand repayment responsibilities.

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Duties to include but not limited to:

• Completes student files prior to Financial Aid Director’s review to ensure files contain accurate documentation.
• Performs the initial 20-minute estimate process for all prospective students, which includes a powerpoint presentation, gathering of information from the prospect to calculate an estimate, the presentation of the cost estimate to the prospect, and reviewing what is required to enroll.
• Accesses NSLDS to review prior loan/grant information. Prints copy for file, (to perform this essential function of the job, employee cannot have defaulted on a student loan in the past).
• Reviews cost of attendance and tentative financial aid awards with student; this process includes reviewing monthly payment arrangements if applicable. Schedules a follow-up appointment to complete the packaging process.
• Completes all additional paperwork prior to follow-up appointment. Reviews FA funds awarded, reviews non-Title IV payment arrangements, and answers any questions the student may have. Provides the student with copies of all complete paperwork.

AN EQUAL OPPORTUNITY EMPLOYER. Institute for Business & Technology is an Equal Opportunity Employer and service provider for all individuals, including those with disabilities. Mikhail Education Corporation does not discriminate against any person, but rather bases all employment decisions on an individual’s demonstrated, job-related ability, skill, and knowledge. It is our policy to provide equal employment opportunities for all without regard to mental or physical disability, genetic information of any individual or of his/her family, race, color, religion, sex (including pregnancy, sexual orientation, and gender identity), national origin, age, or veteran status. Equal opportunity is also provided in assignments, training, compensation, transfers, promotions, classification, referral, benefit programs, and discharge.

Requirements

• High school diploma required or equivalent.
• Some college or vocational coursework is preferred, but not required.
• Two or more years of related work experience preferred.
• Microsoft Office Suite experience preferred.