Federal Work Study - Money Management Peer Finance Coach

CCC; Chicago (IL); Hybrid; USD 21,000 - 28,000; Part time

Job summary

City Colleges of Chicago is seeking a Federal Work Study Money Management Peer Financial Coach at Olive-Harvey College within the Financial Aid Department. The role supports financial literacy and assists students with financial aid applications and resources.

The position is a part-time FWS role, with a pay rate of $17.00 per hour, requiring enrollment in at least 6 credit hours and good standing, and offering confidential guidance on budgeting and expenses.

Qualifications

• Interacting with people to guide students through financial aid options.
• Assisting students with online applications and public benefits processes.
• Researching and communicating available resources and scholarships.
• Making students feel comfortable discussing personal financial information.
• Prioritizing student service experiences to help students succeed.

Responsibilities

• Assist Student Financial Aid Advisor with outreach activities and events.
• Assist in financial aid applications and public benefits processes.
• Provide information on financial literacy and wrap-around services to students and community members.
• Learn and explain financial aid programs and benefits available to students.

Skills

Interacting with people

Assisting with online applications

Researching information

Making students feel comfortable

Prioritizing student service

Job description

Financial Aid - College Work Study Student

OLI0001534

2 days ago

FEDERAL WORK STUDY – MONEY MANAGEMENT PEER FINANCIAL COACH
OLIVE-HARVEY COLLEGE – FINANCIAL AID DEPARTMENT

City Colleges of Chicago (CCC), the largest community college system in Illinois, is made up of seven colleges and five satellite sites, providing more than 70,000 students each year access to a quality, affordable education.

TheFederal Work Study Program (FWS)is a federally-funded financial aid program that provides subsidized part-time employment for eligible students in order to assist them with postsecondary financial needs. City Colleges of Chicago (CCC) complies with the Department of Education’s regulations regarding the FWS program and allows students to benefit from this opportunity.

PRIMARY OBJECTIVE:

The FWS program encourages students to gain experience in their prospective fields by placing them in areas and departments aligned with their area of study whenever possible. Students are able to use their wages towards educational and living expenses. FWS jobs are available in areas such as academic departments, laboratories, libraries, administrative offices, student centers and several off-campus locations.

TheMoney Management (M&M) Centerwill serve as a resource to prospective and new students. Financial literacy for students is an important tool to improve the financial capability of our youth and communities. Students should be taught how to handle money—both at home and in school. This will help reduce the economic impact of the long-term recession that now grips many communities across the country. The Peer Financial Coach will serve as a first-tier financial aid / business office student representative able to assist students with applying for financial aid programs, public benefits, and various financial resources available for eligible students enrolled in a degree or certificate.

ESSENTIAL DUTIES:

• Assist Student Financial Aid Advisor in performing outreach activities, such as Resource Fairs, financial literacy, Financial Aid events and or campus related events.
• Assist students with project go related duties.
• Assist in the completion of financial aid applications and public benefits processes.
• Peer Financial Counselors are expected to become adept at learning and understanding financial aid programs and public benefit options, which may be available to meet a wide range of student needs.
• Peer Financial Counselor will also serve any community members looking to get information on applying for financial aid or wrap around services
• Some Services will include:
• Students can talk with a Peer Financial Coach, have your financial needs evaluated and receive confidential advice in a comfortable environment.
• Create a financial survival plan for college.
• Learn how to identify and track expenses during and after college.
• Access free tax preparation software.
• Apply for governmental wrap around services (i.e. Snap, Medicaid, Child Care Assistance)
• Learn how to gain additional financial resources such as scholarships, financial aid, and part-time employment/work study or government assistance.
• Create a personalized financial plan for your remaining time until graduation.
• Learn how to obtain, interpret and understand your personal credit report / score.
• Understand the impact of identity theft and learn how to avoid it.
• Graduate with a plan for repaying your student loans and personal debt.
• Discover other offices and agencies on campus or in the community that could aid you may need.
• Learn about new business startup opportunities & legislature.

QUALIFICATIONS:

• GPA of 2.0
• Consistently maintain 6 credit hours each semester;
• Enrolled in a degree program
• Maintain satisfactory academic progress;
• Adhere to college’s confidentiality policy;
• Successfully pass background/drug screening;
• Above average skills in: Interacting with people; assisting with online applications, and researching information
• Excellent skills in: Making students feel comfortable about discussing personal, private information
• Ability to prioritize student service experiences

ELIGIBILITY REQUIREMENTS:

• Applicants must be 16 years or older, have work permit consent, and eligible to work in the United States
• Applicants must be actively attending one of the City Colleges of Chicago
• Applicants must be enrolled in a minimum of 6 semester hours ofpre-credit or credit classes
• Applicants must be pursuing an approved educational credential, degree, or certificate
• Applicants must have and maintain a minimum cumulative 2.0 GPA (waived for first semester new students)
• Applicants must be in “good standing” – no City Colleges of Chicago academic restrictions
• Applicants must not be current Full or Part-time employees of the City Colleges of Chicago

All positions are “employment at-will”

Student worker rate is $17.00/hr. If variance from $17.05/hr is required, College HR/Recruitment must discuss with District Compensation.
The rate paid is in accordance with City Colleges approved salary scale.

NOTE: All Peer Financial Coaches must attend a free mandatory training on peer financing in which the College will train and certify you to speak with fellow students and community members.

We are an equal opportunity and affirmative action employer.
Thank you for your interest in City Colleges of Chicago

TBD

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