Financial Aid Officer

Ancora Education; United States; Remote; USD 28,000 - 30,000; Full time

Job summary

Ancora Education is seeking a Financial Aid Officer (FAO) to guide prospective and current students through financial aid options, including Title IV programs. The FAO ensures access to information, eligibility requirements, and assists with timely packaging within compliance standards, collaborating with the Campus President to improve the Financial Aid Department.

The role requires advising on Title IV funds, completing FAFSA steps, verification, and communicating with Admissions and CampusVue

Qualifications

• Assist students with Title IV funding and FAFSA processes.
• Maintain confidentiality and comply with FERPA.
• Demonstrate strong communication and organizational skills.

Responsibilities

• Advise students on Title IV funds and resources to cover educational costs.
• Answer FAFSA questions and Direct Loan counseling requirements.
• Complete verification for applications selected by the Department of Education.
• Resolve discrepancies between financial aid documents and student records.
• Prepare financial aid estimates for prospective students.
• Submit and track files for Campus Compliance review with accuracy.
• Coordinate with Admissions to ensure proper documentation for packaging.
• Upload files into CampusVue and provide status updates to Campus President.
• Educate students on Institutional Payment Plans during packaging.
• Utilize CampusVue to manage daily activities.
• Perform other duties as assigned.

Skills

Customer service

Multitasking

Verbal and written communication

Confidentiality

CampusVue knowledge

Education

High School Diploma or GED

Associate’s degree or higher

Tools

CampusVue

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Full Time Hourly 40 hours Clerical Remote, US

Salary Range: $20.50 To $22.50 Hourly

Job Summary

The Financial Aid Officer (FAO) advises prospective and current students regarding financial aid options, including the availability of Title IV Programs. In this process, the FAO ensures that the customer has access to all relevant information, guidelines, and eligibility requirements, and supports the customer in applying for available financial aid. The FAO, working within company processes, ensures that students are packaged on time and within compliance standards. The FAO will work directly with the Campus President to develop improvements to the overall quality and environment of the Financial Aid Department.

Key Responsibilities

Advise incoming, continuing, and re-entry students on the availability of Title IV funds and resources to cover the investment in their educational cost.

Answer student questions regarding completion of the Free Application for Federal Student Aid and Direct Loan Entrance/Exit Counseling

Complete verification on all applications selected by the Department of Education

Resolve conflicting information that is identified between financial aid documents and other documents contained in the student's file

Conduct financial aid estimates for students who are interested in enrollment

Timely submission of student files for Campus Compliance Specialist review, maintaining a low error rate

Effectively communicate with admissions department personnel to ensure future enrollments have obtained appropriate documentation for packaging

Ensure files are uploaded into the CampusVue operating system

Provide updates to the Campus President on students who have not submitted documentation or required paperwork to receive Title IV funding

Advise students, during the packaging process, of Institutional Payment Plans (IPP) and facility completion of the IPP process where appropriate.

Effectively use and track activities in CampusVue

Other duties as assigned

Experience and Education Required

High School Diploma (GED acceptable) from an academic institution accredited by a regional or national accrediting agency that is recognized by the U.S. Department of Education

1 year of experience in a customer service-related field

Ability to multitask while maintaining organization

Excellent verbal and written communication skills

Demonstrated ability to maintain confidentiality

Must not be in default on any federal student loan

Experience and Education Preferred

Associate’s degree or higher from an academic institution accredited by a regional or national accrediting agency that is recognized by the U.S. Department of Education

1 year of prior experience in Financial Aid

Experience with CampusVue

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is occasionally required to stand; walk; sit; use hands to finger, handle, or feel objects, tools or controls; reach with hands and arms; climb stairs; balance; stoop, kneel, crouch or crawl; talk or hear; taste or smell. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by the job include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus. Prolonged periods sitting at a desk and working on a computer.

Work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is usually not exposed to weather conditions. The noise level in the work environment is usually moderate.

Note

This is not necessarily an exhaustive list of all responsibilities, skills, duties, or requirements associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or require that other or different tasks be performed when circumstances change.

I have read and understand the above job description. I further understand that this is not an all-inclusive list and does not constitute a contract. My employment remains at will as with all employees of Ancora Education.