Student Loan Coordinator - PEC

Perdoceo Education Corporation

United States

Remote

USD 23,000 - 28,000

Full time

6 days ago

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Benefits offered by this job

Paid time off

Paid sick leave

Paid holidays

Health savings and flexible spending

401(k) savings plan with company match

Employee Stock Purchase Plan (ESPP)

Company paid life insurance and short/

Job summary

Perdoceo Education Corporation is seeking a Student Loan Coordinator to assist out-of-school student borrowers with loan repayment options on Federal Student Loans included in Title IV funding. The role focuses on counseling and reducing default exposure.

The position requires strong organizational skills, experience in collections, and knowledge of the financial aid process. Full-time role with comprehensive benefits and opportunities for professional growth.

Qualifications

High School Diploma or equivalent.
1-3 years' experience in collections for service industry.
Bachelor's degree from an accredited institution (preferred).
Ability to write narrative reports.

Responsibilities

Assist students in understanding and successfully managing their loan obligations.
Promote student loan financial literacy to reduce the number of delinquent student loan borrowers.
Assist in the ongoing evaluation and revision of established default management procedures for all respective PEC schools.
Contact students who become delinquent on their student loans, regarding options to resolve delinquency, via an auto-dialer system, making manual calls and sending/responding to student emails.
Work in conjunction with designated lenders and guarantors to resolve student loan delinquencies.
Work with designated PEC Schools to coordinate and minimize overall division student loan delinquencies
Positively impact the annual cohort default rate by applying proven strategies and providing borrower assistance to minimize the number of borrowers who default on their student loans.
Utilize all available skip tracing techniques available to locate and resolve student loan delinquencies
Other duties as assigned

Skills

High-volume operations

Internal controls knowledge

Knowledge of financial aid process

Strong ethics

Education

High School Diploma or equivalent

1-3 years' experience in collections

Bachelor's degree (preferred)

Job description

The Student Loan Coordinator will assist out-of-school student borrowers with loan repayment options on Federal Student Loans included in Title IV funding. This position will also assist to reduce default exposure by counseling students on all options available.

Assist students in understanding and successfully managing their loan obligations.
Promote student loan financial literacy to reduce the number of delinquent student loan borrowers.
Assist in the ongoing evaluation and revision of established default management procedures for all respective PEC schools.
Contact students who become delinquent on their student loans, regarding options to resolve delinquency, via an auto-dialer system, making manual calls and sending/responding to student emails.
Work in conjunction with designated lenders and guarantors to resolve student loan delinquencies.
Work with designated PEC Schools to coordinate and minimize overall division student loan delinquencies
Positively impact the annual cohort default rate by applying proven strategies and providing borrower assistance to minimize the number of borrowers who default on their student loans.
Utilize all available skip tracing techniques available to locate and resolve student loan delinquencies
Other duties as assigned

Knowledge, Skills and Abilities, Competencies

Strong orientation towards high-volume, fast paced, time sensitive business operations
Knowledge of internal control concepts and principles
Knowledge of financial aid process or experience
High ethical standards

Education and Experience: Minimum

High School Diploma or equivalent
1-3 years' experience in collections for service industry

Education and Experience: Preferred

Bachelor's degree from an institution accredited by an agency recognized by the U.S. Department of Education (or international equivalent)
Ability to write narrative reports

What we offer*

Salary Range between $16.63 and $20.19 per hour
Paid time off
Paid sick leave
Paid holidays
Health savings and flexible spending accounts
401(k) savings plan with company match
Employee Stock Purchase Plan (ESPP)
Company paid life insurance and disability insurance - subject to eligibility
Company paid tuition assistance -- subject to eligibility and approval
Employee Assistance Program (EAP)
Prenatal and adoption assistance
Additional ancillary programs are available upon benefit enrollment eligibility

*Most benefits apply to full-time employees. Some benefits apply to part-time employees as well. Benefits may vary by location and position and are subject to change at any time. Ask your recruiter for full details and information about eligible dependents.

Equal Opportunity Employer

Perdoceo Education Corporation is committed to a policy of equal employment opportunity and considers all persons without regard to age, color, disability, genetic information, marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status protected by applicable federal, state or local law.

Compensation Range

Between $16.63 and $20.19 per hour

Pay Range Legal Disclosure

In order to support the Fair Compensation Strategy by the US Govt., HR Dept., clients are required to adhere to "Pay Transparency Law"; in the impacted states; that have mandated the employers to list the salary ranges in Job advertisements or postings for job opportunities and Job promotions.

What We Offer