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Saint Mary's University of Minnesota

Financial Aid Counselor 1

Finance & BankingUpdated on Nov 13
Full-time$19 - $22 /hrIn-person

About the Job

Requirements

  • A bachelor's degree is required.
  • Three years of work experience in higher education student services is required; experience in financial aid is preferred.
  • Demonstrate meticulous attention to detail and a strong compliance mindset.
  • Work independently and collaboratively, take initiative to solve problems, collect, analyze, interpret, and report data promptly, and produce accurate, detailed work.
  • Knowledge of federal, state, and institutional financial aid regulations, or the capacity to acquire that knowledge rapidly, is preferred.
  • Knowledge of financial aid and billing policies and processes, and financial aid application processes, or the capacity to acquire that knowledge rapidly, is preferred.
  • Demonstrate strong communication and listening skills, organizational and planning skills, and writing and editing skills.
  • Organize, prioritize, and complete multiple work assignments in a complex work environment and adapt to work changes.
  • Have knowledge of Microsoft Office Suite and Google Suite products.
  • Have experience with, or the capacity to quickly learn, student management systems such as Jenzabar, JFA, EDConnect, NSLDS, and COD.
  • Ability to relate to diverse populations.

Responsibilities

  • Review and analyze financial aid application data to determine accurate and compliant award packages; modify packages based on changes in enrollment level, budget adjustments, or additional aid, and communicate changes in eligibility to students.
  • Manage assigned office processes, including origination and disbursement of Federal Direct, Minnesota SELF, and private student loans; coordinate disbursements and expedite electronic return of funds, reallocations, or corrections; ensure loan programs comply with federal and state regulations.
  • Transmit Direct Loan data files using EDConnect and Common Origination and Disbursement (COD) systems, ensuring timely and accurate transmissions that meet federal compliance standards.
  • Counsel students in person, in writing, and by phone on federal, state, and institutional aid programs and processes, the financial aid process, award packages, billing statements, and financial planning for educational expenses.
  • Work with the Business Office, Registrar, Student Central, Academic Advising, and other student services areas to resolve student issues.
  • Maintain current knowledge of applicable federal, state, and institutional regulations and standards to ensure compliance.
  • Participate in the ongoing development of the financial aid department by managing assigned duties using technological resources and promoting a student-oriented financial aid office.
  • Perform other duties as assigned that support the purpose and initiatives of the Financial Aid Office and the University.

Desired Qualifications

  • At least one year of financial aid experience is preferred.

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