| Position Title: | Director of Financial Aid | |
| Location: | Big Rapids (Main Campus) | |
| Department: | 61300 - Financial Aid | |
| Advertised Salary: | $75,000-$80,000 salary commensurate with education, experiences, and other requirements. Comprehensive benefit package (health care, vacation, etc.). | |
| FLSA: | Exempt | |
| Temporary/Continuing: | Continuing | |
| Part-Time/Full-Time: | Full-Time | |
| Union Group: | N/A | |
| Term of Position: | 12 Month | |
| At Will/Just Cause: | At Will | |
| Summary of Position: | Provide leadership in day-to-day financial aid functions, focusing on electronic processes used in awarding and disbursing federal, state and institutional aid. The Director is responsible for effective administration of federal, state and institutional programs, including monitoring of awards, and reconciliation. Responsibilities include assistance in daily operations, planning and assessment, data analysis, and public speaking. The Director will possess expert knowledge of financial aid policy, processes, and procedures and provide financial aid counseling to a diverse population of constituents regarding the application process, aid eligibility, and available financial options. | |
| Position Type: | Staff | |
| Required Education: | Bachelor’s Degree from an accredited college or university. | |
| Required Work Experience: | Five years of financial aid work with supervisory experience. | |
| Required Licenses and Certifications: | | |
| Physical Demands: | - Office Environment
- Moving
- Reaching
- Siting
- Twisting
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| Additional Education/Experiences to be Considered: | Master’s Degree.
Banner experience preferred.
Ideal candidate will be well versed in federal and state aid regulations and also with the set-up and maintenance of a relational financial aid management system. | |
| Essential Duties/Responsibilities: | Determination of financial aid budgets and award philosophy
Prepare Institutional fund forecasting
Responsible for Fiscal Operations Reporting (FISAP) and Auditor requests
Return of Title IV funds processing and student withdrawal process
Primary DPA – Data Point Administrator for FSA access and data security
Manage departmental re-organization during staffing changes and shortages
Work closely with financial aid leveraging team to coordinate student outreach and develop fund management philosophies.
Serve on FAO leadership team and enrollment management team and consult on institutional aid program eligibility, making recommendations toward achieving desired student enrollment goals.
Regulatory/compliance determinations and policy development
Serve as a key member of the office working with the Assistant Director and Associate Dean of Enrollment Services to create, maintain, and improve electronic processes used to award and disburse federal, state and institutional aid.
Translate complex financial aid regulations to a diverse constituency, including students, parents, faculty, staff, and community members. Providing professional guidance on all matters of financial aid, determining financial need and student eligibility for the issuance of all forms of aid, including (but not limited to) scholarships, grants, loans, work study and more.
Represent Financial Aid at internal and external events.
Contribute to short- and long-term planning that anticipates upcoming office needs and regulatory changes and ensures effective and efficient utilization of electronic resources.
Lead yearly implementation of financial aid leveraging plan.
Write Banner population selections for financial aid projects.
Interact with and maintain effective relationships with various university departments as well as various financial aid agencies and organizations.
Maintain confidentiality of sensitive records and information in accordance with FERPA
Maintain sensitivity, understanding, and respect for a diverse academic environment.
Work closely with the Associate Dean and Assistant Director to complete projects and other responsibilities assigned.
Maintain statistical data for use in federal, state and institutional reports.
Complete Federal and State reporting requirements, and other internal and external data requests as needed.
Serve as Banner system manager; direct processing through banner systems for all financial aid programs.
Work with IT staff to ensure that all system updates and processes are tested, fully functioning and updated
Create and monitor financial aid processes, system jobs and reports,
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