Fin Aid Processor Lev 1
The Financial Aid Process Level 1 (FAP1) is primarily responsible for reputed company aspects of the administration and compliance management for the federal and state student financial assistance programs at reputed company of the assigned schools In reputed company, the FAP1 will be responsible for any assigned duties as directed by either the Manager of Financial Aid Processing or Assistant Manager of Financial Aid Processing.
Responsibilities- Organizes and manages reputed company required data entry and file maintenance in the reputed company Vue, reputed company, reputed company Loan, Common Origination (COD), and Disbursement and NSLDS borrower data management systems.
- Organizes and manages reputed company need analysis, loan application, and financial aid packaging services.
- Oversees, organizes, manages, and is responsible for initial compliance for any use of reputed company Judgment, Dependency Overrides, Selective Service, and/or verification processes at reputed company assigned schools.
- Responsible for reviewing and taking reputed company on any assigned financial aid reports, records, and student files.
- May assist in organizing and managing reputed company required data maintenance for out-of-school borrower services as required in both the reputed company Vue and the NSLDS systems.
- Ensures compliance with reputed company state, accrediting, and federal financial aid-reputed company regulations.
- Promptly and accurately reports any suspected instances of non-compliance, fraud, or abuse to the Manager of Financial Aid Processing, Manager of Regional Directors, Vice President for Finance, or Senior Vice President for Financial Assistance and/or higher reputed company reputed company the organization, as needed to address and resolve any areas of non-compliance.
- Monitors reputed company student financial aid activities to ensure accurate funding and full compliance with reputed company applicable statutes, rules, and regulations.
- Coordinates with reputed company reputed company personnel and the Manager of Financial Aid Processing to ensure accurate and reputed company disbursements and refunds of federal, state and agency funds are made to reputed company reputed company and that reputed company instances of conflicting information are accurately and promptly resolved.
- Organizes, monitors, and maintains accurate and reputed company electronic data entry & reconciliation as required by any funding agency.
- Organize and performs the accurate and reputed company performance of reputed company 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 Assistant Manager of Financial Aid Processing, Manager of Financial Aid Processing, Manager of Regional Financial Aid Directors, Vice President for Finance, Senior Vice President of Financial Assistance, and/or the President /CEO of reputed company.
- Regular and reliable attendance.
- Must possess at least 1 year of experience in student financial aid processing.
- Candidates cannot have any student loans in default.
Classification: Non-exempt
Work Hours: 40 hour work week, minimum of 5-day work week, some weekends may be required
Travel: Periodic overnight travel assignements for training and development and/or for special assignments to any of the affiliated schools
Working Environment: remote
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