Contract Role - Financial Aid Administrator

• Advises students and parents about financial aid eligibility, federal aid programs, application process and procedures, and financial need in accordance with Title IV Federal regulations.
• Assists the Admissions Team with prospective students by pre-qualifying potential students based on Title IV information accessed through NSLDS.
• Conducts financial needs analysis, determines eligibility for Title IV Federal Aid programs, based on clock-hour methodology. Utilizes and updates database with awards and scheduled disbursements in conjunction with third-party servicer.
• Ensures that awarded financial aid is packaged and disbursements scheduled in accordance with Title IV regulations.
• Performs verification as set by the Department of Education to ensure data accuracy. Counsels students and parents on changes to financial aid awards.
• Provides direction to students on how to resolve conflicting information on the ISIR.
• Reviews appeal documents for accuracy and completeness prior to submission to third-party servicer.
• Coordinates with Admissions counselors to provide an effective and seamless student recruitment, entry, and enrollment process.
• Performs exit interviews and loan counseling to students upon graduation.
• Works with Sr. FA Administrator and Chief Operating Officer to proactively manage timely disbursements in line with Satisfactory Academic Progress requirements.
• Maintains all required documentation for compliance.
• May assist students in developing and implementing realistic financial budgets and determine available options.

• Previous Financial Aid Experience - 1-2 years of experience minimally
• Customer Service experience - 1-2 years of experience minimally

Swedish Institute Inc