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University of Arkansas

Public research university in Arkansas

Financial Aid Advisor

EducationConfirmed live in the last 24 hours
Full-timeLittle Rock, AR, USA$47.9kIn-person

About the Job

Requirements

  • A bachelor's degree is required.
  • Candidates must not have federal student loans in default status or owe a federal grant repayment due to an over-award.
  • Knowledge of institutional, state, and federal financial aid policies, regulations, and law, including Arkansas state financial aid programs.
  • Knowledge of computers and ability to accurately use software applications.
  • Ability to interpret policies, procedures, and regulations with administrative capability.
  • Ability to communicate effectively in writing with correct grammar and accurate, detailed information.
  • Ability to provide accurate assistance, correctly interpret financial aid policy, regulations, and law, and guide individuals to other departments or resources as needed.
  • Eligibility to access and navigate financial aid administrator websites and resources.
  • Ability to maintain focus during peak work demands and support colleagues in a team environment serving a diverse student population.
  • Strong organizational skills and ability to work flexible hours for presentations or professional development.

Responsibilities

  • Administer institutional, state, federal, and private financial aid to students in compliance with institutional policies, state law, and federal regulations.
  • Work with a team of Financial Aid Advisors to provide customer service to students seeking financial assistance.
  • Process documents and requests from students and agencies to ensure timely delivery of financial aid.
  • Interpret policies and procedures and explain information to students, parents, staff, faculty, and others, guiding them through processes from application to payment.
  • Assist prospective students with the Free Application for Federal Student Aid (FAFSA) and perform complex verification of student financial aid files.
  • Respect student privacy and adhere to the Family Educational Rights and Privacy Act (FERPA) and Health Insurance Portability and Accountability Act (HIPAA) regulations.
  • Apply the Higher Education Act of 1965 and amendments when reviewing documents and counseling students.
  • Apply knowledge of Internal Revenue Service (IRS) regulations to federal student aid compliance.
  • Attend professional development training to stay informed about changes to federal and state aid programs and apply that knowledge to financial aid administration.
  • Exercise professional judgment, document the rationale, and support evidence for decisions under 34 CFR of the Higher Education Act of 1965.
  • Analyze information in U.S. Department of Education databases and system-generated reports to resolve student problems and verify eligibility under federal regulations, state law, and institutional policy.
  • Communicate eligibility decisions and alternatives to students when eligibility changes.
  • Work flexible hours during peak demand, for financial aid presentations, and for professional development activities.
  • Work with students experiencing significant changes in financial circumstances to determine eligibility for professional judgment.
  • Guide students through the professional judgment process and collect and review documents for their requests.
  • Exercise professional judgment to determine whether adjustments should be made to student financial aid applications.
  • Update Banner accurately after professional judgment requests are approved.
  • Prepare and lead financial aid presentations on campus, in the local community, and across the state, including off-campus presentations and events outside regular business hours.
  • Subscribe to and review federal updates, including the Federal Register, Dear Colleague Letters, and electronic announcements, and apply relevant information to daily responsibilities.
  • Perform other duties as assigned.

Desired Qualifications

  • Previous financial aid experience.

About the Company

University of Arkansas

Public research university in Arkansas

University of Arkansas is a public land-grant research university in Fayetteville, Arkansas. It provides undergraduate and graduate education, conducts research, and supports public-service and extension activity. Academic colleges, laboratories, student services, facilities, and administrative units make up the campus operating environment. Faculty, research, student-support, technical, trades, and professional roles support the institution. The profile is campus-specific while recognizing that the University of Arkansas System uses a shared official careers platform.

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