Financial Aid Advisor
Job Description
The Financial Aid Advisor provides counseling and advising services for financial aid processes, academic coursework, and how it affects a student’s financial aid award(s) received. This position is responsible for income adjustments. The Financial Aid Advisor helps monitor and process financial aid awards and is considered a Financial Aid Officer by Department of Education standards and
requirements.
Duties & Responsibilities
- Advises students on financial aid matters; such as loan debt, aid cancellations, grant funding, Satisfactory Academic Progress (SAP); and keep students informed about best course of action for appealing financial aid decisions and leads satisfactory academic progress appeal committee.
- Responds to requests for information from students, staff, governmental agencies, and the general public.
- Reviews and evaluates eligibility of financial aid applications- exercises professional judgement to award maximum aid to students with unusual circumstances.
- Conducts workshops, training sessions and/or presentations to students, parents and other parties on financial aid information.
- Performs data entry and retrieval of student financial aid data.
- Prepares reports for financial aid programs; processing applications and supporting documents for student participations in grant, loan, and student employee programs.
- Conducts required counseling sessions and maintains contact with various federal, state, and local agencies.
- Ensures compliance with all Title IV regulations regarding aid eligibility.
- Serves on committees and professional organizations to provide clear and complete explanation of available financial aid, including Title IV of the Higher Education Act of 1965, as amended.
- Advises student on loan and similar financial aid awards up to the maximum student loan amount allowed.
- Performs other related duties of a similar nature and level as assigned.
Minimum Qualifications:
Bachelor’s Degree
AND
OR
- Related experience in financial aid, higher education, and other financial roles that apply to the
OR
- Associates Degree
- Four (4) years of related experience in higher education, with sixteen months experience directly related to Financial aid roles.
- This position must complete mandatory training for compliance with federal and college requirement
Preferences:
- Experience with Title IV Federal Regulations related to verification, awarding, and disbursing of federal financial aid, state regulations, and scholarships.
- Experience with Banner or similar financial aid software
- Expert knowledge of financial aid processes, guidelines, and procedures
- A bachelor's degree is preferred; however, an equivalent combination of education, experience, or training can be substituted for a bachelor's degree.
Best Consideration Date: 09/20/2024
Department: Financial Aid and Scholarships
EEO STATEMENT:
As an EEO employer, Central New Mexico Community College will not discriminate in our employment practices based on an applicant’s race, ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, serious medical condition or status as a protected veteran or spousal affiliation. Central New Mexico Community College hires only U.S. citizens and individuals lawfully authorized to work in the U.S.
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