Job Description
Job Description
The Director of Financial Aid is primarily responsible for all aspects of the administration and compliant management of the federal and state student financial assistance programs and financial aid staff.
Essential Duties and Responsibilities:
- Directly supervises the Financial Aid Advisors at his or her campus location.Organizes and manages the administrative processes and services needed to assist each student in making application for all forms of student financial assistance (Federal, State, Agency, Private Lenders, Veterans, Employer, etc.).
- Organizes and manages all required data entry and file maintenance in the Campus Vue, Direct Loan, Common Origination (COD) and Disbursement and NSLDS borrower data management systems.
- Organizes and manages all need analysis, loan application and financial aid packaging services.
- Organizes and manages the professional judgment and verification processes.
- Organizes and manages the maintenance and retention of all financial aid reports, records and student files.
- Organizes and manages all required data maintenance for out-of-school borrower services as required in both the Campus Vue and the NSLDS systems.
- Trains, develops and manages all subordinate officers, assistants and support staff.
- Ensures compliance with all state, accrediting and federal financial aid related regulations.
- Promptly and accurately reports any suspected instances of non-compliance, fraud or abuse to the Regional Director of Financial Aid or Vice President for Finance or Senior Vice President for Financial Aid and/or higher levels within the organization, as is needed to address and resolve any areas of non-compliance.
- Monitors all student financial aid recipients and activities to ensure accurate funding and full compliance with all applicable statutes, rules and regulations.
- Coordinates with all campus personnel and the Financial Aid Service Manager in White Marsh, Maryland to ensure accurate and timely disbursements and refunds of federal, state and agency funds are made to all students and that all instances of conflicting information are accurately and promptly resolved.
- Organizes, monitors and maintains accurate and timely electronic data entry & reconciliation as required by any funding agency.
- Organize and manages the accurate and timely performance of all Return to Title IV (R2T4) calculations, R2T4 refunds, credit balance refunds, grant recalculations and ineligible / inadvertent disbursement refunds.
- Performs other duties as assigned by the Campus Director, Regional Vice President, Vice President for Finance of Education Affiliates , and/or the President /CEO of Education Affiliates.
Skills/Competencies/Qualifications:
- Minimum of an Associates degree
- Ability to work in a face paced environment
- Previous financial aid experience a must
Company DescriptionFortis Institute is proud of our long history of providing education to students that leads to the opportunity to learn, grow, and move into a rewarding career. We provide educational programs that are focused on assisting our graduates in obtaining employment and a lifetime of professional growth. The hard work and dedication of our employees has been a key factor in our success.
Our parent company, Education Affiliates, is a company that takes pride in the importance we place upon our employees. Our success as a company is due to the people who work in our schools: they take care of our students and help them learn and grow into their careers while maintaining compliance with all regulatory agencies. We strive to be known as a high-quality organization which values our students above everything else.
In order to remain a leader in our industry, Education Affiliates is focused on hiring new employees who will contribute to our students’ success. We look for employees who are passionate about education and
Company Description
Fortis Institute is proud of our long history of providing education to students that leads to the opportunity to learn, grow, and move into a rewarding career. We provide educational programs that are focused on assisting our graduates in obtaining employment and a lifetime of professional growth. The hard work and dedication of our employees has been a key factor in our success.\r\n\r\nOur parent company, Education Affiliates, is a company that takes pride in the importance we place upon our employees. Our success as a company is due to the people who work in our schools: they take care of our students and help them learn and grow into their careers while maintaining compliance with all regulatory agencies. We strive to be known as a high-quality organization which values our students above everything else.\r\n\r\nIn order to remain a leader in our industry, Education Affiliates is focused on hiring new employees who will contribute to our students’ success. We look for employees who are passionate about education and