Sr. Financial Aid Counselor

Illinois Institute of Technology, United States

Updated: over 1 year ago
Location: Chicago, ILLINOIS
Job Type: FullTime
Deadline: ;

Position Details
Position Information


Position Title Sr. Financial Aid Counselor
Requisition # S01085P
FLSA Non-Exempt
Location IIT-Downtown Campus (DTC), Chicago, IL
Department CK Financial Aid
GENERAL DESCRIPTION
Assists the Assistant Director of the financial aid office to run the day-to-day operations.
Special Schedule Requirements
N/A
EEOC Statement
Illinois Institute of Technology is an EEO/AA/Title VI/Title IX/Section 504/ADA/ADEA employer committed to enhancing equity, inclusion and diversity within its community. It actively seeks applications from all individuals regardless of race, color, sex, marital status, religion, creed, national origin, disability, age, military or veteran status, sexual orientation, and/or gender identity and expression. All qualified applicants will receive equal consideration for employment.

Qualifications


Education & Experience
High School diploma or equivalent required. 1 – 3 years financial aid experience required.
Knowledge & Skills
Strong organizational, planning and decision-making skills

Certifications and Licenses


List any certifications or licenses that are either required or helpful in performing the job, designating whether required or preferred.
N/A

Key Responsibilities


Key Responsibility
· Document management including scanning, indexing and tracking and Workflow processing.
· Loan processing, which includes: certification, disbursements, make appropriate Loan returns, revisions and follow up with confirmations.
· Apply federal methodology to perform verification, c-flag, professional judgment review, Satisfactory Academic progress, Return of Title IV processes, financial aid awarding, budget revision, need-analysis, and daily and weekly report review for an assigned portion of student files.
· In conjunction with the Assistant Director, review and prepare for the audits and the file organization of all Return of Title IV calculations performed by the office.
Percentage Of Time 40
Key Responsibility
· Assist students with questions regarding all facets of the financial aid process, including the different types of aid and loans available, the ramifications of them, the application process, applying the loans to their accounts, and financing outstanding balances for their accounts.
· Counsel students on phone as well as in person, or virtually regarding financial aid and debt management.
· Responsible for monitoring Financial Aid e-mails each day, and responding to students in a timely manner.
Percentage Of Time 35
Key Responsibility
· Plans group exit and entrance counseling sessions.
· Assist with procuring financial literacy experts to conduct workshops, exit and entrance counseling sessions, and one-on-one counseling sessions. Conduct group entrance and exit loan sessions and other presentations as needed.
· Present financial aid information annually at PLUS Program event.
· Attends and possibly presents at open houses and other events sponsored by the university
· Attends seminars, conferences, and other professional developments events in-person or virtually.
· In conjunction with the Assistant Director, will manage all office communications. Write, review, and edit the record page and financial aid website updates, student surveys, and all other mass communications in conjunction with the Assistant Director.
Percentage Of Time 15
Key Responsibility
· General office support functions including data entry, filing and mail distribution.
· Attends seminars, conferences, and other professional developments events in-person or virtually.
· Other Duties as assigned
Percentage Of Time 10

Posting Information


Work Hours
Monday – Friday, 8:30 a.m. -5:00 p.m.
Position Category Full Time
Posting Date 09/09/2022
Closing Date
Posted Until Filled Yes
Quicklink for Posting https://iit7.peopleadmin.com/postings/9042

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