Loan Officer- Financial Aid Department

About the role

This position serves two primary functions: Direct Loan Processing and Recording, and Financial Aid Assistance.

Responsibilities

• Help students obtain financial assistance through the Department of Education Federal Direct Student Loans.
• Process all loan applications for Subsidized and Unsubsidized Loans.
• Provide accurate and current Loan Counseling and financial literacy for students.
• Maintain loan application files in compliance with Federal Direct Loan Rules and Regulations and Salish Kootenai College policies and procedures.
• Calculate student eligibility and package accurate loan calculations.
• Maintain reconciliation and closeout figures with the Salish Kootenai College Business Office and Department of Education.
• Provide students with financial aid information, respond to concerns, and solve technical problems.
• Educate and instruct students in financial aid processes.
• Maintain files in compliance with Federal rules and regulations and Salish Kootenai College policies, including record keeping and general office procedures.
• Counsel students on financial aid matters.
• Assist with the development of handbooks, policies and procedures manuals, brochures, and other materials.
• Assist with default management.

Requirements

• Associate's Degree in business administration or a closely related field.
• Experience working with Native American populations in a technical or professional capacity.
• Experience reading, interpreting, and abiding by federal rules, regulations, policies, and procedures (e.g., PELL, FSEOG, Federal College Work-Study, Federal Direct Loans, and other available educational funding).