2014– Financial Aid Processor - Temporary
Regency Beauty Institute is a growing, nationally-recognized cosmetology education provider. By building and operating convenient, upscale, retail-oriented campuses and centralizing admissions and student services functions utilizing proprietary technologies, Regency has redefined the way beauty education is delivered. Headquartered in St. Louis Park, MN, Regency was founded as a single campus in Minneapolis in 1950 and has grown to 89 campuses in 20 states.
Position Overview: Regency is seeking highly motivated individuals for temp positions during 2014. The Financial Aid Processor temps will assist in processing financial aid applications including determining eligibility for Title IV financial aid programs, resolving conflicting information, making financial aid awards, and performing verification. Ideal candidates will have the ability to analyze tax returns and other financial documents and follow complex regulations to determine students’ eligibility.
Given the student service and support orientation of this role, it is essential that the individual in this role be able to work a regular and reliable schedule and be able to work overtime when necessary, in the discretion of management, to meet company needs.
Reports to: Senior Processing Supervisor
Compensation: $13-$15/hour depending on qualifications
Schedule: Temporary positions: Varied months, March through October, Full-time, general business hours with minimal evening hours required
Location: Regency Headquarters, St. Louis Park, MN
Audit and review student’s financial aid applications to determine eligibility and to ensure completeness and compliance with federal, state, accreditation and institutional regulations
Analyze and complete federal verification process on selected financial aid applications
Monitor document collection, coordinate collection of missing documents, monitor incomplete student files and coordinate appropriate follow-up
Skills and experience required:
Excellent organizational skills with ability to manage multiple assignments, set priorities and meet deadlines
Ability to grasp complex federal regulations with training
High ethical standards
Strong attention to detail and accuracy
Previous customer service skills preferred
Proficient with computers (Word, Excel, and Outlook and the ability to learn customized programs quickly)