Senior Financial Aid Specialist - Compliance

Davita Inc.; Minneapolis (MN); Remote; USD 80,000 - 100,000; Full time

Job summary

A leading educational institution seeks a Senior Financial Aid Specialist - Compliance to enhance financial aid processes and ensure regulatory compliance. The position demands meticulous attention to detail and technical skills, with responsibilities that include auditing funding programs and analyzing processes to improve efficiency. A Bachelor’s degree is preferred along with substantial experience in Title IV administration. The pay ranges from $27.80 to $37.61 per hour, depending on qualifications.

Benefits

Comprehensive benefits package

Tuition waiver and reimbursement program

Health insurance

Paid time off

Retirement savings plan

Qualifications

• 3+ years of Title IV administration experience preferred.
• Experience with automated systems and processes.
• Knowledge of federal, state and institutional regulations related to financial aid eligibility.

Responsibilities

• Perform regular internal audits of financial aid funding programs.
• Analyze Financial Aid processes and recommend technology enhancements.
• Support User Acceptance Testing for system upgrades.

Skills

Attention to detail

Technical proficiency

Education

Bachelor's degree preferred

High School diploma or equivalent required

Job description

To participate in a remote work arrangement, employees must reside in the United States. No remote work arrangement will be considered for working from outside the United States.

If you are a current employee, faculty or adjunct instructor at Herzing University (not a Contractor or temporary employee through a staffing agency), please click here to log in to UKG and then navigate to Menu > Myself > My Company > View Opportunities to apply using the internal application process.

The Senior Financial Aid Specialist - Compliance supports the Financial Aid function at Herzing University with policy, procedure, technology, and process optimization needs. This role requires high attention to detail and technical proficiency. The Senior Specialist also serves on the Financial Aid Compliance Team within the Home Office division of Financial Aid.

EDUCATION and EXPERIENCE REQUIREMENTS:

• Bachelor's degree preferred. High School diploma or equivalent required.
• 3+ Years of Title IV administration experience preferred. Minimum 1 year of experience required.
• Additional preferred experience includes:
• Experience with the administration of state and external (non-federal) funding sources highly preferred.
• Experience with automated systems and processes.
• Experience with policy, procedure, and data system development using automation to accomplish objectives.
• Knowledge of federal, state and institutional regulations related to financial aid eligibility and processing.

PAY: Compensation is determined based on qualifications, experience, and circumstances of each hire. It is uncommon for new employees to start near the top of the salary range. We offer a comprehensive benefits package, including a tuition waiver and reimbursement program, health insurance, paid time off, and a retirement savings plan. The hourly pay range for this position is $27.80 to $37.61.

Click here to learn more about careers at Herzing University.

PRIMARY DUTIES AND RESPONSIBILITIES:

• Perform regular internal audits of Federal, State, military, and institutional funding programs, and partner with the Director of Training and Development and the Director of Financial Aid - Compliance on training opportunities for staff.
• Analyze defined Financial Aid processes and provide recommendations to streamline processes by further leveraging technology, systems, and reporting to ultimately improve the efficiency and effectiveness of our business model.
• Support the UAT (User Acceptance Testing) process for system enhancements and upgrades by designing test plans, documenting test cases, and executing end-user testing that leads to sign-off on software releases.
• Partner with campus Financial Aid leadership on FWS budget utilization, hiring practices, and resource management with focus on full budget utilization and optimal resource allocation to support Financial Aid staffing levels at all campuses and provide gap funding opportunities to students with need.
• Maintain the FWS Tracker and ensure timely resolution of documented issues.
• Configure Financial Aid software for Federal award year, fund, and document setup to ensure accurate automation and system functionality.
• Provide support to Financial Aid staff at all campuses through troubleshooting system issues, reviewing complex student files, and researching Financial Aid policies.

Herzing University is committed to providing a diverse environment and fostering a culture of mutual respect. It provides an inclusive community where individuals are valued, heard, and empowered to contribute to the institution's effectiveness.

PHYSICAL REQUIREMENTS:

• Must be able to remain stationary most of the time.
• Occasionally move around the work location.
• Operate office and/or teaching equipment, including computers, copiers, fax machines, and audio/visuals.
• Use voice and hearing to communicate with students, staff, or colleagues face-to-face or over the phone.
• Identify, observe, and assess visually or otherwise.
• Occasionally move, carry, or lift 10 pounds.

Applicants must be authorized to work for any employer in the U.S. We do not sponsor or take over sponsorship of employment visas at this time.

Herzing University is committed to non-discrimination based on skin color, gender, religion, LGBTQi2+ status, disability, age, national origin, veteran status, or other protected statuses. More information is available at https://www.herzing.edu/about/diversity.

Herzing prohibits sex-based discrimination and individuals can report concerns to the Title IX Coordinator. The nondiscrimination notice is at https://www.herzing.edu/title-ix.