Financial Aid Administrator

Updated: over 2 years ago
Location: Minneapolis, MINNESOTA
Job Type: FullTime
Deadline: The position may have been removed or expired!

The Associate Financial Aid Administrator will execute transactional and complex financial aid-related activities for new and returning learners. Responsibilities include information gathering, data entry into financial aid systems, and other compliance related functions. The ability to work accurately in a fast-paced, highly regulated environment is critical for success in this role. This is primarily an internal role with little learner/customer interaction, though some phone interaction with lenders and internal partners will be necessary at times

Essential Duties

  • Production Work
  • Review and determine financial aid eligibility and award amounts based on submitted documentation from the learner
  • Process Financial Aid applications, adjustments, and other Financial Aid related functions
  • Complete required work assigned by the Work Distributor accurately and within predetermined departmental service levels and metrics
  • Apply updates and policy changes accurately and timely
  • Workflow and capacity management
  • Provide occasional phone/chat support to assist the financial aid contact center staff
  • Assist supervisors in calling out potential areas of concern related to SLAs and recommend reallocation of resources
  • Process improvement identification and implementation
  • Inform supervisors and seniors of gaps related to particular worktypes in the system
  • Internal customer relationship management
  • Work cross functionally with other teams and departments as needed to ensure an exceptional learner experience

Job Skills

  • Ability to adhere to a regularly set schedule in support of departmental goals and objectives
  • Demonstrated ability to critically think and take appropriate action based on training and relevant information
  • Strong organizational skills and the ability to determine priorities and manage multiple demands
  • Display consistent success with accurately performing highly detail oriented tasks
  • Excellent written and verbal communication skills
  • Demonstrated ability to remain calm under pressure and maintain a professional demeanor at all times.
  • Maintain and understand compliance with all Title IV rules and regulations
  • Learn and leverage financial aid systems such as People Soft, TotalView, Perceptive Content, Commonline Origination and Disbursement, National Student Loan Data Systems, and Central Processing Systems
  • Ability to consistently meet or exceed productivity and quality goals on all duties as assigned

Work Experience

  • 1+ year of experience in financial aid, student records, or transferable administration/processing experience, such as mortgage/insurance claims processing or data entry. Candidates with BBAY experience are highly encouraged to apply

Education

  • Bachelor’s degree from an accredited institution preferred; Associate’s degree from an accredited institution or 2 years of commensurate experience required.

Certificates, licenses and registrations

    Other

    • Bachelor’s degree preferred; Associate’s degree or 2 years of commensurate experience required.

    If you require a reasonable accommodation to complete our application process, please contact our Human Resources Department at [email protected].



    The Associate Financial Aid Administrator will execute transactional and complex financial aid-related activities for new and returning learners. Responsibilities include information gathering, data entry into financial aid systems, and other compliance related functions. The ability to work accurately in a fast-paced, highly regulated environment is critical for success in this role. This is primarily an internal role with little learner/customer interaction, though some phone interaction with lenders and internal partners will be necessary at times

    Essential Duties

    • Production Work
    • Review and determine financial aid eligibility and award amounts based on submitted documentation from the learner
    • Process Financial Aid applications, adjustments, and other Financial Aid related functions
    • Complete required work assigned by the Work Distributor accurately and within predetermined departmental service levels and metrics
    • Apply updates and policy changes accurately and timely
    • Workflow and capacity management
    • Provide occasional phone/chat support to assist the financial aid contact center staff
    • Assist supervisors in calling out potential areas of concern related to SLAs and recommend reallocation of resources
    • Process improvement identification and implementation
    • Inform supervisors and seniors of gaps related to particular worktypes in the system
    • Internal customer relationship management
    • Work cross functionally with other teams and departments as needed to ensure an exceptional learner experience

    Job Skills

    • Ability to adhere to a regularly set schedule in support of departmental goals and objectives
    • Demonstrated ability to critically think and take appropriate action based on training and relevant information
    • Strong organizational skills and the ability to determine priorities and manage multiple demands
    • Display consistent success with accurately performing highly detail oriented tasks
    • Excellent written and verbal communication skills
    • Demonstrated ability to remain calm under pressure and maintain a professional demeanor at all times.
    • Maintain and understand compliance with all Title IV rules and regulations
    • Learn and leverage financial aid systems such as People Soft, TotalView, Perceptive Content, Commonline Origination and Disbursement, National Student Loan Data Systems, and Central Processing Systems
    • Ability to consistently meet or exceed productivity and quality goals on all duties as assigned

    Work Experience

    • 1+ year of experience in financial aid, student records, or transferable administration/processing experience, such as mortgage/insurance claims processing or data entry. Candidates with BBAY experience are highly encouraged to apply

    Education

    • Bachelor’s degree from an accredited institution preferred; Associate’s degree from an accredited institution or 2 years of commensurate experience required.

    Certificates, licenses and registrations

      Other

      • Bachelor’s degree preferred; Associate’s degree or 2 years of commensurate experience required.

      If you require a reasonable accommodation to complete our application process, please contact our Human Resources Department at [email protected].



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