Title IV Compliance Officer

Hampton University; Hampton (VA); On-site; USD 60,000 - 80,000; Full time

Job summary

Hampton University in Hampton, VA is seeking a Title IV Compliance Officer to manage federal, state, and institutional financial aid funds for students. The role involves ensuring compliance with regulations, conducting audits, and educating staff. Applicants should hold a Bachelor's degree in finance or business management, with at least three years of relevant experience. Strong analytical and communication skills are essential for this position.

Qualifications

• A Bachelor’s degree in finance, business management, or a related field is required.
• At least three years of proven experience in financial aid operations.

Responsibilities

• Manage the delivery and accountability of federal, state, and institutional financial aid funds.
• Conduct financial aid compliance tests for each program.
• Maintain compliance with the Code of Federal Student Aid Regulations.

Skills

Financial aid compliance

Regulatory knowledge

Analytical skills

Communication skills

Attention to detail

Education

Bachelor’s degree in finance, business management, or related field

Job description

Title IV Compliance Officer in Hampton, VA 23668

200 William R. Harvey Way, Hampton, VA 23668

The Financial Aid Title IV Compliance Officer manages the delivery and accountability of federal, state and institutional financial aid funds to undergraduate and graduate students.

Examples of Duties

• Primarily responsible for Title IV financial aid programs.
• Conducts financial aid compliance tests for each program, to ensure strict adherence to federal regulations and guidelines, policies and procedures.
• Maintain compliance with the Code of Federal Student Aid Regulations (NASFAA).
• Revise policies and procedures to accommodate changes in federal and state regulations as well as institutional policies and ensures that established procedures are followed.
• Review financial aid verification files to ensure program compliance.
• Update the financial aid Standard Operations Procedures Manual and Financial Aid Website, as appropriate.
• Handle escalated issues related to program compliance with higher education agencies and third party advocates.
• Develop and implement an effective program review of aid programs; proactively auditing processes, practices and documents.
• Educate and train employees on compliance related regulations.
• Ensure that the office operations and business transactions follow all relevant legal requirements as promulgated in student aid regulations.
• Oversee cases involving financial aid fraud and abuse.
• Other duties as assigned.

Typical Qualifications

• A Bachelor’s degree, finance, business management, or a related field.
• At least three years of proven experience in financial aid operations.

Supplemental Information

• Good knowledge of requirements and procedures of financial aid.
• Excellent oral and written communication skills.
• Highly analytical with strong attention to detail.