Financial Aid Advisor

at  SAE Institute

The Financial Aid Advisor works closely with students, and their families, to ensure student is properly funded for their education. Advises student about the different types of funding methods available, and provides information regarding all the procedures and requirements of a financial aid program. Makes an accurate assessment of a student’s financial aid need, and presents a financial aid plan to meet those needs. Tracks and monitors all financial aid package activity through completion. Accurate records are maintained in a timely manner, in accordance with regulations, statutes, and company policies. This is a full time campus based(on-site) position.

FINANCIAL AID ADVISOR QUALIFICATIONS:

• Bachelor’s Degree in Business Administration, or related field and two years experience in higher education (Financial Aid preferred) environment or an equivalent combination of education and experience;
• Requires excellent computer skills. Working knowledge of automated higher education management systems; proficiency with Microsoft Office, Windows XP, Word, Excel for MAC
• In-depth knowledge of financial aid and/or prior financial aid experience
• Experience with financial aid reporting systems, including but not limited to NSLDS, Gemcore, and Campus Vue
• Ability to evaluate and assess a student’s financial aid need
• Ability to interpret and apply federal and state regulations and guidelines
• Excellent communication and problem-solving skills
• Excellent customer service skills
• Ability to build rapport with students and their families; and other SAE staff members
• Excellent time management skills
• Ability to multi-task
• Ability to maintain confidential information

• Builds rapport, and effectively communicates and counsels with enrolled and prospective students (and their families) about financial aid and other alternative methods of funding.
• Determines student’s title IV eligibility and awards federal, state, institutional and private sources of financial aid to students within appropriate guidelines and regulations.
• Utilizes electronic data exchange software to send and retrieve information from the Department of Education.
• Monitors financial aid advising to insure program and audit compliance with regulatory compliance.
• Maintains institutional regulatory compliance in all federal and state student assistance programs.
• Submits reports to federal and state agencies.
• Maintains files and databases; certifies student loan applications; maintains and utilizes computer-assisted financial aid management systems.
• Makes adjustments to over-under awards by determining the amount of aid to be canceled or repaid while ensuring accuracy in system data entry and processing, and contacting students regarding possible alternatives.
• Interviews and advises students in regard to educational financial planning.
• Maintains confidentiality of information exposed to in the course of business