Financial Aid Advisor

Location: Columbus, OH

About the role

The Financial Aid Advisor will provide information and support to students, families, and school personnel regarding the financial aid process. You will also advise students on the availability of resources, eligibility requirements, and the necessary steps to apply for and receive financial aid. The Financial Aid Advisor will provide guidance on budget management, loan repayment options, and other financial aid related matters. This role reports to the Campus Executive Director/Regional Campus Executive Director and has no direct reports.

Responsibilities

Financial Aid:

• Provide students and families with specific, clear, and accurate information regarding the financial aid process, each type of aid and additionally available resources.
• Review Financial Aid Policies with respect to enrollment & receipt of financial aid at Hondros College of Nursing, including but not limited to the College's Institutional Refund Policy, Cost of Attendance, the requirements for the treatment of Title IV, HEA Program Funds when related to withdraw (as prescribed under 34 C.F.R. 668.22), Satisfactory Academic Progress, Professional Judgement, and other aid altering occurrences.
• Advises students that Grants and Scholarships, provided by Federal, State, or third-party sources, are the most beneficial types of financial assistance available.
• Assist the College’s Third-Party Aid Processor, Global Financial Services, with resolving conflicting applicant information, verification related requirements, unusual enrollment history, applicant identity verification, etc. This includes maintaining and updating student financial aid records using institutional aid processing systems and federal aid processing systems.

Student Finance:

• Using Financial Aid eligibility determinants, create, deliver, and update student payment plans.
• Create and deliver Truth-In-Lending Act information to students.
• Monitor student accounts to ensure timely payment of tuition and fees.
• Assist students with loan repayment options.
• Communicate with external agencies to coordinate financial aid services.
• Collect and maintain student business office documents.
• Collaborate with Campus Leadership on Financial Readiness of students to begin and maintain enrollment.
• Adhere to and maintain the College’s Bursar’s Policies and Procedures, along with documentation and best practices.

Requirements