Student Finance Specialist
Education Corporation of America - Richmond, VA

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Under general supervision, counsels prospective students and parents regarding the financial aid process, and provides information on available programs, procedures, and eligibility requirements. Reviews financial aid applications and related documentation for compliance with eligibility requirements. Provides assistance to students and parents in the completion of financial aid applications.

Minimum Job Requirements:

High school diploma or GED with1 to 3 years’ experience directly related to the duties and responsibilities specified.

Duties And Responsibilities:

1. Counsels prospective students and families regarding eligibility by maintaining a strong knowledge of institutional policies regarding admissions, enrollment, degree objective, academic progress and advising.

2. Provides information to students and families regarding the options for obtaining financial aid, the process for requesting aid, and the eligibility requirements for receiving and maintaining aid.

3. Assists prospective students regarding completion of the financial aid applications.

4. Provides assistance to the prospective student completing the financial planning process using specialized enrollment software.

5. Provides financial education to minimize education debt talk tracks that support 90/10 Ratio, with Title IV funds not greater than 90%, and private / cash funding not less than 10%.

6. Accurately and timely gather substantiating documentation and interact with students and/or families to follow up on missing or deficient information; relay and discuss status of application.

7. Conducts follow-up counseling sessions with students needing adjustment in payment plans, loans, work study, grants on the basis of financial support needs.

8. Conducts entrance and exit interviews and testing as required by regulations and corporate policy.

9. Performs miscellaneous job-related duties as assigned.

Skills:
·
Ability to listen to prospective students and families, appreciate and respond positively to their need.
· Strong customer service and organizational skills
· Ability to communicate effectively, both orally and in writing.
· Knowledge of financial aid policies, procedures, and eligibility requirements.
· Computer literacy.
· General knowledge federal and state financial aid regulations for PELL, grants and Title IV.
· Ability to organize and execute daily activities to achieve performance goals.
· Ability to achieve performance standards with general supervision.

Education Corporation of America - 21 months ago - save job - copy to clipboard
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Education Corporation of America® owns and operates private accredited colleges across the United States as well as via the Internet...