Coordinator of Loan Processing and Student Employment

Illinois State University; Normal (IL); On-site; USD 41,000 - 47,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

Life insurance

Retirement benefits

Job summary

Illinois State University is seeking a Coordinator of Loan Processing and Student Employment to manage Federal Direct Stafford, PLUS, Nursing, and Alternative loan processing. The role includes loan counseling for students and parents, loan program reconciliations, and monitoring the Federal Work Study program.

The position also audits Return of Title IV calculations and supports a loan default prevention program, requiring a Bachelor's degree with 2+ years of related experience.

Qualifications

• Bachelor's degree with 2+ years of business, financial, or managerial experience required.
• Financial aid and PeopleSoft experience preferred.

Responsibilities

• Process Federal Direct Stafford, PLUS, Nursing, and Alternative loans.
• Complete monthly and annual reconciliation of loan programs.
• Provide loan counseling to students and parents.
• Monitor eligibility of graduate certificates for loans.
• Maintain and enhance a loan default prevention program.
• Monitor the Federal Work Study Program and establish off-campus FWS employment contracts.
• Audit Return of Title IV calculations and prepare Job Location and Development program reports.

Skills

Business/financial/managerial exp

Education

Bachelor's degree

Tools

PeopleSoft

Job description

Illinois State University is hiring a Coordinator of Loan Processing and Student Employment. The coordinator processes Federal Direct Stafford, PLUS, Nursing, and Alternative loans, reconciles loan programs, and provides loan counseling to students and parents. This role also monitors the Federal Work Study Program and audits Return of Title IV calculations.

Highlights

• Process Federal Direct Stafford, PLUS, Nursing, and Alternative loans.
• Complete monthly and annual reconciliation of loan programs.
• Provide loan counseling to students and parents.
• Monitor eligibility of graduate certificates for loans.
• Maintain and enhance a loan default prevention program.
• Monitor the Federal Work Study Program and establish off-campus FWS employment contracts.
• Audit Return of Title IV calculations and prepare Job Location and Development program reports.
• Bachelor's degree with 2+ years of business, financial, or managerial experience required; financial aid and PeopleSoft experience preferred.
• Salary range $3,694 - $4,175 per month, plus health, dental, vision, life, and retirement benefits.