COORDINATOR / FINANCIAL AID COMPLIANCE
Position Number: S-3929
Position Summary:
The Financial Aid Compliance Coordinator is responsible for supporting federal, state, and institutional financial aid compliance initiatives specifically around the One Big Beautiful Bill Act (OBBB ) changes within the Office of Scholarships and Financial Aid. The position will play a critical role in implementing and monitoring regulatory changes resulting from OBBB , and in ensuring the university remains compliant with all applicable federal financial aid regulations. Responsibilities include monitoring aid eligibility, conducting compliance reviews, analyzing student records, maintaining procedures, and assisting with relevant communications (website updates, student communications, etc.).
Required Qualifications:
Bachelor’s degree and one year of experience in financial aid counseling or in a higher education student service, or financial services related setting – OR – Associate’s degree and three years of experience in financial aid counseling, in a higher education student services, or financial services related setting.
Excellent written, verbal, and public speaking communication skills.
Demonstrated ability to work independently, manage multiple priorities, and perform under pressure with high accuracy.
Commitment to maintaining compliance, confidentiality and data integrity in accordance with FERPA , federal, state, and institutional aid policies.
Preferred Qualifications:
Demonstrated expertise in administering Title IV programs and interpreting federal and state regulations.
Strong analytical and decision-making skills, especially in applying professional judgment and reviewing aid eligibility.
Experience with enterprise systems (e.g., Colleague, Banner, Regent, COD , NSLDS , FPP ).
NASFAA credentials or other professional certification in financial aid.
Knowledge of Michigan financial aid programs.
Experience developing and delivering training or policy guidance.
Duties & Responsibilities:
Regulatory Compliance and Program Administration:
Assists with implementation of regulatory changes, including provisions established through the One Big Beautiful Bill Act (OBBB ).
Develops, documents, and maintains policies, procedures, and operational workflows to ensure compliance with federal regulations.
Conduct compliance reviews of student records and aid awards to identify and resolve potential regulatory issues.
Monitors compliance with federal loan eligibility requirements, annual and aggregate borrowing limits, and other Title IV regulations.
Researches regulatory guidance and provides recommendations to leadership regarding implementation and compliance requirements.
Loan Eligibility Monitoring and Review:
Monitors student loan eligibility and borrowing limits.
Reviews and monitors Parent PLUS Loan annual and aggregate limits.
Monitors grandfathered (“legacy”) student populations and ensure compliance with applicable federal provisions.
Reviews enrollment status changes and evaluate impacts on federal aid eligibility.
Utilizing reporting tools, monitors and performs loan proration calculations for students enrolled less than full-time.
Identifies, researches, and resolves discrepancies affecting aid eligibility and compliance.
Communication development:
Prepares communications and training materials related to regulatory changes and compliance initiatives.
Develops student communications on changes and impact.
Further develops the OSFA websites regarding OBBB changes.
Provides training and guidance to financial aid staff regarding regulatory changes and compliance requirements.
Other duties as assigned.
Supervision Exercised:
None.
Employee Group: Professional & Administrative -Salary
Staff Pay Level:
Pay Range: $44,000 - $55,000
Division: Student Recruitment & Retention
Department: Office of Scholarships & Financial Aid
Position Status: Provisional
Position End Date: 08/31/2029
Employment Status: Full-Time
FTE: 1.0
Position Type: 12 month
Weekly Work Schedule: Mon-Fri, 8:00 a.m. - 5:00 p.m. / weekends and evenings as needed
Location: Mount Pleasant, MI
Posting Ends:
Open Until Filled: Yes
Message to Applicants:
Central Michigan University is dedicated to fostering an environment that is reflective of the communities we serve. We are especially interested in highly qualified candidates who will advance and promote CMU’s mission, vision, and leadership standards.
You must submit an on-line application in order to be considered as an applicant for this position.
Cover letters may be addressed to the Hiring Committee.
To apply, visit https://apptrkr.com/7336709
CMU is an Equal Opportunity Employer and institution. CMU does not discriminate against persons based on age, color, disability, ethnicity, familial status, gender, gender expression, gender identity, genetic information, height, marital status, national origin, political persuasion, pregnancy, childbirth or related medical conditions, race, religion, sex, sex-based stereotypes, sexual orientation, transgender status, veteran status, or weight.
If you wish to see “Know Your Rights ” posters, please https://www.eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12ScreenRdr.pdf.
CMU does not discriminate on the basis of sex in the education program or activity that it operates, including admission and employment, and is required by Title IX of the Education Amendments of 1972 not to discriminate in such a matter.
Inquiries about the application of Title IX can be made to CMU’s Title IX Coordinator, the US Department of Education’s Assistant Secretary, or both.
CMU’s Title IX Coordinator can be reached at:
Phone: 989-774-3253
Office: 103 E. Preston St.
Bovee University Center, suite 306
Mount Pleasant, MI 48858
Email: [email protected]
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