Financial Aid Administrator

Responsibilities

• Review FAFSA applications, including document collection, budgeting, awarding, FAFSA verification, and loan certification for Institutional TIV programs.
• Review and assess eligibility of applications and exercise professional judgement to allocate funds to students accordingly.
• Award financial aid packages based on eligibility and available funding.
• Assist potential students with various functions required to apply for TIV – FSA ID, FAFSA Completion, Direct Loan requirements, etc.
• Stay updated on changes in federal and state regulations, ensuring that all aid processing adheres to current guidelines.
• Review, dissect and analyze federal forms such as 1040 (and all schedules) W-2’s, 1099, IT-201, 1098, IRA, Pensions and other income sources.
• Provide Entrance and Exit Counseling to students promoting responsible borrowing.
• Collaborate with other departments to support student success.
• Generate, interpret, analyze and utilize NSLDS, COD, ED Express, and ATIS reports.
• Update internal Institutional software and FAM system.
• Conduct thorough file reviews for existing Title IV recipients at designated timelines.

Qualifications

• BA preferred, Diploma required
• Minimum 4 years successful experience in higher education financial aid or 2 years successful experience in management in higher education financial aid.
• Certifications: FSA Fundamentals, NASFAA Verification Credentials
• CFA preferred but not required
• Regulatory Knowledge: Proficient in Title IV regulations, including 34 CFR 668 Subpart E (Verification), Pell Grant, and Direct Loan program requirements.

About the Role

The Financial Aid Administrator plays a crucial role in ensuring students have access to the financial resources they need to succeed. This position requires a strong understanding of federal regulations and the ability to work collaboratively with students, parents, and internal staff to complete verification efficiently and maintain compliance with institutional standards.