Financial Aid Awards Specialist

Details

Posted: 05-Apr-24

Location: Clinton, New York

Salary: Open

Categories:

Financial Aid
Staff/Administrative

Internal Number: 40CE301F-B510-4EF2-8FA305F13FD724DC

The Financial Aid Awards Specialist oversees the awarding and disbursement of institutional, state, and federal financial aid for prospective and current students, and is a key member of a highly functioning and service oriented team.

This position is responsible for the packaging and maintenance of all financial aid awards, as well as the disbursement authorization of all institutional, state, federal, and outside grants and scholarships. Additional administrative responsibilities include systematic database updates, awareness and adapting to programmatic changes, and management and assigning of recipients for endowed scholarships. Demonstrated commitment to supporting diversity, equity and inclusion is essential for all members of the financial aid team.

This is a full-time, non-exempt position with a pay range of $22.00 - $24.50 per hour.

Responsibilities

• Package all incoming and enrolled students via PowerFAIDS database system, including all subsequent revisions. This includes detailed checking of accuracy with multiple guidelines for specific awards, maintaining system budget updates, and communicating accordingly with prospective and current families.
  • Revise currently enrolled student offers, when informed by the Registrar of enrollment changes, and communicate accordingly with impacted students.
• Certify student eligibility for New York State financial aid programs, specifically the Tuition Assistance Program (TAP). This includes confirming eligibility, maintaining the New York State Higher Education Services Corporation (HESC) database for student records, and keeping up to date with New York State regulations. Responsible for making appropriate award changes to student's financial aid offer.
• Responsible for applying all grants and scholarships to student accounts, and maintaining accurate records. Work closely with Student Accounts Office to transmit all financial aid to student accounts.
• Reconcile institutional, state and federal funds, as required.
• Manage the identification of recipients for endowed Hamilton College Scholarships and appropriate spending based on fund restrictions and availability. In addition, apply Hamilton prize scholarships and special scholarships to student awards.
• Collaborate with the Student Accounts Office to manage the reporting and receipt of outside scholarships and adjust financial aid awards accordingly.
• Responsible for return of Title IV aid, through appropriate federal and institutional systems. Must keep up to date with applicable federal regulations.
• Contribute to current and future system integrations, such as Workday and PowerFAIDS CLOUD, by providing awarding, disbursement, communication, and reconciliation expertise.
• Create and maintain documentation for all processes for which the Financial Aid Awards Specialist is responsible
• Perform other related duties as required or assigned.

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About Hamilton College
United States. Founded in 1793 as the Hamilton-Oneida Academy; chartered in 1812 as Hamilton College; third oldest college established in New York State. Our mission is to provide an educational experience that emphasizes academic excellence and the development of students as human beings, as we prepare them to make choices and accept the responsibilities of citizenship in a democratic world of intellect and diversity. Hamilton's 1,350-acre campus is situated on a hilltop overlooking the picturesque village of Clinton, N.Y. The College is eight miles southwest of Utica, 45 minutes east of Syracuse, one hour from the Adirondack Park to the northeast and 90 minutes west of Albany.
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