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 Subject : Financial Aid Officer - Rasmussen University.. 08/24/2021 01:26:44 PM 
Iman Johnson
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Rasmussen University is growing our Financial Aid team! We are currently seeking a candidate with a background in finance or financial aid/loan processing to support our central services function.

The Financial Aid Officer is responsible for reviewing student financial aid eligibility documentation and preparing accurate financial aid award packages for prospective and current students, while ensuring compliance with state and federal regulations, audit requirements, and the university’s policies and practices.

Responsibilities:

Processing and Awarding - 45%

Implement financial aid policies as directed, ensuring compliance to state and federal regulations, audit requirements and the university’s policies
Review financial aid applications and eligibility documentation submitted by the student to determine eligibility for financial aid awards
Responsible for completing verification according to established federal regulations, quality assurance and C code resolution
Provide information through the university's student information system, to admissions and advising team members, in an effort to obtain missing documentation needed from the student to complete the financial aid application
Maintain minimum weekly award package completion rates as defined by Student Financial Aid leadership
Maintain accurate knowledge of the university's products and services
Remain current in the financial aid field through professional development, such as workshops, conferences, state and regional associations and course work
Ensure accurate and effective representation of the University and follow-through with prospective students, enrolled students, business community and high school officials
Work effectively with all university employees, in particular admissions and advising team members and maintain a professional image at all times

Record Keeping/Documentation - 45%

Prepare financial aid award packages based on documentation submitted
Follow processes and procedures that streamline the awarding and delivery of the aid programs
Review and certify private loan applications on a weekly basis. Ensure accurate and timely tracking and documentation of such
Accurately track financial awarding to ensure timely approval and payment
Maintain eligibility to access the National Student Loan Data System, (NSLDS), as defined by the US Department of Education. To maintain access to NSLDS, one must not have defaulted on any student loan in the past, be in default currently or have issues with access to NSLDS in the future

Other - 10%

Attend and participate in team, SFA department meetings for the purpose of obtaining and sharing information
Participate in lean processes and strategic planning activities
Embody the spirit of the university’s mission and vision in daily activities
Support and contribute towards the university’s commitment to diversity and inclusion
Perform other duties as directed, requested or assigned

Requirements:

Associate’s Degree in Accounting, Business, Finance, or related discipline; Bachelor’s Degree preferred.
Minimum of one to three years of relevant experience and/or training, or equivalent combination of education and experience, preferably within a financial aid, finance counseling or loan processing environment
Strong interpersonal, written and verbal communication skills
Excellent organization and time management skills with the ability to prioritize and manage multiple demands with minimal supervision; maintain records and files with precision and accuracy
High level of professionalism and telephone etiquette
Excellent customer service skills
High aptitude for math
General knowledge of the higher education industry preferred, but not required
Proficiency in Microsoft Office Suite, with an emphasis on Outlook, Word, Excel, and Power Point
Working knowledge of financial software, CampusNexus, preferred
Strong command of the English language, in both oral and written form

The Company:

Rasmussen University is a regionally accredited private university dedicated to changing lives and the communities it serves through high-demand and flexible educational programs. As a pioneer in career-focused education since 1900, the University is defining a new generation of higher education that focuses on competency-based education, technology and transferrable skills. Rasmussen offers undergraduate and graduate programs online and in person at 23 campuses around the country. The University is designed to lift and support its students every step of the way, from their first credential to their last. Rasmussen is dedicated to global enrichment, serving the underserved and meeting the evolving needs of diverse students, communities and economies. Rasmussen encourages its students, faculty and staff to strive for academic excellence, community enrichment and service to the public good. For more information about Rasmussen University, please visit www.rasmussen.edu.

At Rasmussen, we are proud to be an equal opportunity employer. We are committed supporting and encouraging diversity in the workplace. We welcome our employee’s differences regardless of race, color, creed, religion, gender, national origin, sexual orientation, marital status, age, gender identity, disability or veteran status.


Qualifications
Education

Required

Associate's Degree or better.

https://recruiting2.ultipro.com/RAS1000RASM/JobBoard/ee00e79c-5cdf-49a4-ac2d-b5b122defe04/Opportunity/OpportunityDetail?opportunityId=2abd9f1c-c434-42c8-aa17-f3e6d0c97060
 
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