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National Louis University

Student Finance Representative

Finance & BankingUpdated on Nov 10
Full-timeWheeling, IL, USA$20.16 - $28.22 /hrIn-person

About the Job

Requirements

  • A minimum of 1 year of related experience in higher education or a related field.
  • Associate's or bachelor's degree preferred; a high school diploma or GED is accepted with several years of experience.
  • Understand and interpret Title IV regulations and comply with federal, state, and institutional policies and procedures.
  • Demonstrate analytical skills and the ability to work independently with a sense of urgency.
  • Demonstrate customer focus by identifying and responding to internal or external customer needs promptly, anticipating and preventing delays, keeping customers informed, and seeking feedback on satisfaction.
  • Adjust effectively to changing conditions and demands and adapt to potentially stressful situations.
  • Use a proactive problem-solving approach to define issues, investigate obstacles, gather information, assess alternatives, and determine workable solutions.
  • Produce accurate, detail-oriented work and maintain high-quality standards.

Responsibilities

  • Review student financial aid files for completeness and accuracy and ensure verification requirements are met.
  • Contact students as needed to advise them on financial aid eligibility and potential funding options.
  • Enter award data into the student information system to support timely and accurate disbursements.
  • Calculate grant and loan eligibility using a borrower-based academic year (BBAY) or standard academic year (SAY), and certify federal and private student loans.
  • Maintain knowledge of federal student aid and university regulations for awarding, disbursement, and refunds.
  • Perform verification of student financial aid eligibility as needed.
  • Maintain and coordinate awarding and student-aging reports, and contact students to resolve issues.
  • Advise students accurately on BBAY and SAY loan eligibility.
  • Review and analyze escalated student issues, develop solutions, and communicate proposed solutions to the appropriate party.
  • Identify opportunities for improvement and develop potential solutions with management.
  • Maintain ethical and accurate documentation and records that meet company and regulatory standards.
  • Provide customer service to internal and external customers by phone and email.
  • Participate as an active member of the Student Finance Office and maintain communication and collaborative relationships with other departments.
  • Manage student workers as appropriate.

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