Loan Processing & Work-Study Coordinator for Student Success

Illinois State University

Normal (IL)

On-site

USD 41,000 - 47,000

Full time

10 days ago
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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 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.

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