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Financial Aid Officer
Job Summary
Company Job ID
JE3JRMFJLD0
Job Title
Financial Aid Officer
Company:
The New England Institute of Art
Location
US - MA, Brookline, 02445
AJE Reference Number
525748255
Job Start/End Date
not provided
Job Type
Regular
Job Classification
Full Time
Hours/Week
not provided
Salary Range
not provided N/A
Education
Bachelors Degree
Required Degree/Formal Training
not provided
Required Licenses/Certificates
not provided
Experience
Entry Level (0 - 2 years)
Company Homepage
not provided

Summary: Develop, negotiate and
finalize student financial plans consistent with financial planning policies
and procedures and with Federal/State regulations for awarding aid. Work
closely with new, continuing and re-entry students and their families to ensure
the plan and re-plan continue to best meet the families? needs. Counsel
students on all acceptances and other matters related directly to the student
financial plan. Incumbent must assure that the EDMC philosophy: quality
services to clients; development, growth, involvement, and recognition of employees;
sound economic principles; and environment which is conducive to innovation,
positive thinking and expansion - is considered in carrying out the duties and
responsibilities of this position.







Key Job Elements:

Work cohesively with ADA?s or
Admissions Coordinators in order to facilitate outstanding service to
prospective students and their parents.



Maintain 100% Planning Load.
Create Plans and explain the Plan and the student?s/parent?s rights and
responsibilities for each aid source. Negotiate Payment Plans. Able to
develop Student Financial Plans in concert with Institute procedures and
knowledge of Federal regulations.



Assist students/parents with
the completion of the FAFSA. Enter the FAFSA electronically and review the
resulting ISIR. Assign the appropriate budget to a student and package the
student (award their aid) as well as ensure that aid is paid to students?
accounts in a timely manner.



Responsible for complete and
accurate files and paperwork, certify loan applications, and complete
Basic Verification/QA and C Code Requirements.



Demonstrate proficiency in
timely collections: -90% aid paid consistently by end of 5th week of term
and 98% by end of 8th week of term.



Maintain consistently clean
files shown through Training Assessments for Compliance with Federal/State
regulations, school policies and procedures. -Less than a 10% comment rate
per term and less than a 5% potential liability rate for the year.



Complete the appropriate
training modules within 30 days of the new or revised module becoming
available.



Other duties as assigned









Reports To: Director, Student
Financial Services

Supervises: None

Interacts With: Other members of
the student accounts team as well as students, and the admissions and
registration departments.







Job Requirements (Knowledge, Skills and Abilities):


Knowledge:
a) Bachelor?s degree in a related field preferred.
b) Previous experience working with and technical knowldge of student
financial aid programs.
c) Knowledge of Federal, State, or commercial loan packages.



Skills:
a) Excellent written and verbal communication skills.
b) Strong interpersonal skills with both faculty and student populations.
c) Superior organizational and problem resolution skills.
d) Strong basic computer software (MS Office) skills as well as exposure
to more concentrated financial aid/EDE software programs such as Banner.



Abilities:
a) Ability to read, comprehend, and comply with federal and state laws,
regulations, and policies pertaining to the provision of student financial
aid.
b) Ability to interact effectively as a member of a team and work
collaboratively with other departments.
c) Ability to listen to customers (e.g. students, staff, etc.) and to
understand and respond positively to their requests
d) Ability to work without close supervision and to set one?s own
priorities and work schedule









Environment: The work
environment characteristics described here are representative of those an
employee encounters while performing the essential function

A benefit package may or may not be available. Request specific information from the employer.
       
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