Financial Aid Specialist

Tricoci University of Beauty Culture; Indianapolis (IN); On-site; USD 40,000 - 60,000; Full time

Benefits offered by this job

Generous Paid Time Off

9 paid holidays per calendar year

401K Plan

Access to Continuing Education Units (CEU) Classes

Complimentary Services at our Student Clinic

Product Discounts

Opportunities for Career Advancement

Job summary

Tricoci University of Beauty Culture is seeking a Financial Aid Specialist in Indianapolis, Indiana. The role involves executing financial aid activities and maintaining compliance with state and federal guidelines. Responsibilities include guiding students through financial aid applications, reviewing files for accuracy, and working closely with administration to ensure customer service standards. Ideal candidates will have a strong knowledge of financial aid policies and excellent communication skills. Competitive benefits include generous paid time off, 401K plan, and opportunities for career advancement.

Qualifications

• Strong knowledge of Federal, state and institutional financial aid policies and procedures.
• Experience with Title IV programs, FAFSAs, ISIRs, and refunds.
• Ability to interpret and apply regulations to student files and procedures.
• Excellent interpersonal and communication skills.

Responsibilities

• Meet with students to determine financial aid eligibility and provide guidance.
• Review student files and documents for completeness and accuracy.
• Evaluate requirements for students who withdraw from TUBC.
• Verify attendance and process returns of Title IV funds.
• Assist students with applications for financial aid.

Skills

Federal financial aid knowledge

Communication skills

Detail oriented

Organizational skills

Team Player

Job description

The Financial Aid Specialist will execute financial aid and private loan activities, implement financial aid policies and procedures, and ensure financial aid compliance. Work together with the Campus Director, Enrollment Advisor and Student Services to ensure high customer service standards. Perform administrative functions and complete management reports accurately and timely. Abide by the school, state, and federal standards.

Responsibilities

• Meet with prospective and current (or returning) students (and their families) to determine financial aid eligibility and provide guidance to them about financial aid-related applications
• Review student files and withdrawal documents for completeness and accuracy, in compliance with Federal, institutional policies and procedures
• Have a clear working understanding of Title IV program information
• Evaluate Federal and/or institutional requirements for all students who withdraw from TUBC
• Verify attendance, recalculates student eligibility and process return of Title IV funds
• Perform all refunds to ensure funds are returned to the appropriate Federal programs within required timeframes
• Work closely with the Business Office to verify student accounts when necessary
• Work closely with campus and Corporate Registrars to ensure timely processing of all student dismissals
• Report to Vice President of Student Finance for timely completion on all Federal calculations
• Assist students/parents with applications for financial aid
• Explain awards to students/parents as it relates to their financial aid eligibility
• Research and resolve any problems in a student FA file
• Financial aid packaging—reinstate and subsequent academic years
• All electronic processing—ISIR, FAFSAs, MPNs
• Timely and accurate processing of financial aid
• Maintain knowledge of appropriate regulations (Federal, state and institutional)
• The ability to calculate R2T4 refunds for drops/withdrawals
• Provide student FA updates to the Admissions Advisor and Campus Director
• Responsible for managing the Federal Supplemental Educational Opportunity Grant
• Special projects as needed
• DOE/Title IV rules and regulations
• Customer Service
• Organizational skills
• Team Player; ability to work well with Admissions
• Detail oriented
• Excellent follow through skills
• Pro-active thinker
• Verbal and written communication skills
• Computer skills

Qualifications

• Strong knowledge of Federal, state and institutional financial aid policies and procedures
• Experience with Title IV programs, FAFSAs, ISIRs, and refunds
• Ability to interpret and apply regulations to student files and procedures
• Excellent interpersonal and communication skills

Benefits

• Generous Paid Time Off
• 9 paid holidays per calendar year
• 401K Plan
• Access to Continuing Education Units (CEU) Classes
• Complimentary Services at our Student Clinic
• Product Discounts
• Opportunities for Career Advancement