Associate Director of Financial Aid

Socket.dev; Hoboken (NJ); On-site; USD 62,000 - 84,000; Full time

Job summary

Stevens Institute of Technology is seeking an Associate Director of Financial Aid to lead awarding, reporting, and reconciliation of aid programs. You will monitor compliance in PowerFAIDS, supervise staff, and provide training to Student Enrollment Services and Financial Aid teams.

You will counsel students and families on aid options, adjust awards for eligibility changes, and exercise professional judgment for special circumstances.

Qualifications

• Bachelor’s degree required.
• Four to six years of experience in a financial aid office or related higher-education setting.
• Deliver excellent customer service.
• Experience managing at least one financial aid program.
• Ability to multi-task and shift between tasks.
• Strong written and verbal communication skills.
• Strong interpersonal, organizational and analytical skills.
• Knowledge of federal and state laws and rules.
• Familiarity with federal databases (EDConnect, FPP, COD, NSLDS, EDExpress).
• General knowledge of MS Office applications.
• Ability to work extended hours.
• Experience with PowerFAIDS or similar systems.

Responsibilities

• Oversee the management, awarding, reporting, and reconciliation of one or more financial aid programs.
• Support monitoring compliance in the financial aid management system (PowerFAIDS), streamlining operations, and analyzing queries and reports.
• Manage the Pre-College aid eligibility and awarding process.
• Identify pain points in the student experience and propose corrective actions with leadership.
• Counsel students and families regarding financial aid and planning.
• Revise awards reflecting changes in eligibility or budgets.
• Exercise professional judgment for special circumstances.
• Review applications and determine offers for new and returning students.
• Perform Title IV verification, PJ reviews, and dependency overrides.
• Hire and supervise student workers and process payroll information.
• Provide financial aid training to staff as needed.
• Serve as Undergraduate Admissions liaison to ensure proper packaging and counseling.
• Maintain policy and procedures documentation.
• Present to constituents about financial aid.
• Foster collaboration with campus partners to meet university goals.
• Participate in college committees and task forces.
• Evening and weekend hours as required.
• Other duties as assigned

Skills

Customer service

Interpersonal skills

Communication

Multitasking

Analytical skills

Education

Bachelor's degree

Tools

PowerFAIDS

EDConnect/FAFSA Partner Portal

COD/NSLDS systems

EDExpress

MS Office

Job description

Job Description

The Associate Director of Financial Aid, under the direction of the Director of Financial Aid for Student Services, provides assistance to prospective and enrolled students and their families in all aspects of the financial aid process, including application, eligibility, and award in accordance with federal, state, and institutional policies. The incumbent must possess excellent knowledge of and demonstrated the ability to administer practices with regard to financial aid in compliance with applicable regulations and policies. The Associate Director of Financial Aid must also possess excellent interpersonal and oral/written communication skills, relate well to a broad variety of constituents, and be dedicated to providing high-quality service to all constituencies of the Stevens Community. The Associate Director will support university strategic enrollment goals.

• Oversee the management, awarding, reporting, and reconciliation of one or more financial aid programs.

• Provide support to the Directors of Financial Aid for monitoring compliance in the financial aid management system (PowerFAIDS), streamlining operations, and analyzing queries and reports.

• Manage the Pre-College aid eligibility and awarding process.

• Identify recurring "pain points" in the prospective and admitted undergraduate and graduate student experience, propose solutions, and work with Student Enrollment Services and Financial Aid leadership to implement corrective action to ensure a more student centric experience.

• Counsels students and families regarding all aspects of financial aid and financial planning.

• Revise existing awards to reflect changes in eligibility or allowable budget adjustments.

• Exercise professional judgment in adjusting a student's application to accommodate documented, qualifying special and unusual circumstances.

• Reviews financial aid applications and determines financial aid offers for new and returning students.

• Performs Title IV verification, professional judgment reviews and dependency overrides.

• Hire and supervise student workers, assign work and complete payroll information.

• Provides financial aid training to Student Enrollment Services Hub and Office of Financial Aid staff as needed

• Serves as the Office of Financial Aid’s Undergraduate Admissions liaison to ensure students and their families are packaged and counseled effectively and compliantly.

• Maintain Policy & Procedures and How To documentation for managed program(s) and tasks completed.

• Present virtually and in-person to various constituents about financial aid.

• Encourage strong relationships with campus partners to ensure for seamless problem resolution, and strong collaboration to meet university strategic goals.

• Serve on college committees, work groups, task forces, and professional organizations as appropriate.

• Evening and weekend hours as required.

• Other duties as assigned

Minimum Qualifications:

• Bachelor’s degree

• four to six years of experience in a financial aid office or related office in the field of higher education

• Deliver excellent customer service

• Experience in managing at least one financial aid program

• Ability to multi-task and quickly shift between tasks

• Strong written and verbal communication skills

• Strong interpersonal, organizational and analytical skills are required.

• Knowledgeable about federal and state laws and rules

• Knowledge of federal database applications, including EDConnect, the FAFSA Partner Portal (FPP), Common Origination and Disbursement (COD), National Student Loan Data System (NSLDS)and EDExpress.

• General knowledge in MS Office applications

• Ability to work extended hours

• Experience with CollegeBoard PowerFAIDS or a similar financial aid management system

Department

Financial Aid Student Services

Compensation Range

In compliance with the New Jersey Wage Transparency Act, the annual base salary range for this position is $61,700.00 - $84,300.00. This range represents the University’s good faith estimate of possible compensation at the time of posting. Stevens Institute of Technology determines compensation based on factors including the position’s scope and responsibilities, the candidate’s experience, education, skills, internal equity, market data, and organizational considerations. The final salary will be set considering departmental budget, qualifications, and relevant credentials. This pay range represents base pay only and excludes additional forms of compensation, such as incentives, stipends, or other applicable pay components. For a full overview of our benefits offerings, please refer to the Stevens Institute of Technology Benefits Guidebook, available at:

Benefits Guidebook

EEO Statement

Stevens Institute of Technology is an Equal Opportunity Employer. Accordingly, Stevens adheres to an employment policy that prohibits discriminatory practices or harassment against candidates or employees based on legally impermissible factor(s) including, but not necessarily limited to, race, color, religion, creed, sex, national origin, nationality, citizenship status, age, ancestry, marital or domestic partnership or civil union status, familial status, affectional or sexual orientation, gender identity or expression, atypical cellular or blood trait, genetic information, pregnancy or pregnancy-related medical conditions, disability, or any protected military or veteran status.

Stevens is building a diverse faculty, staff, and student body and strongly encourages applications from people of all backgrounds. Stevens is a federal contractor under the Vietnam Era Veterans' Readjustment Assistance Act (VEVRAA) and the Rehabilitation Act of 1973, as well as other federal statutes.Stevens seeks candidates who will contribute to a welcoming and inclusive environment for all students, faculty and staff.

Jeanne Clery Disclosure

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