Financial Aid Advisor

Detroit Business Institute-Downriver (DBI) is seeking candidates for Financial Aid Advisor. This is a Part time position. Please reply with resume for immediate consideration.

TITLE: Financial Aid Advisor

REPORTS TO: CEO

Pay rate : $21 per hour, 35 hours per week

POSITION DESCRIPTION
The Financial Aid Advisor provides ongoing service to current and returning students to assist students in securing adequate funding to cover their costs, respond to complex questions regarding their Financial Aid eligibility, and ensure Institutional compliance with internal policies and governing agency regulations. Advisor is a part of the admissions team and works to actively engage prospective students though the entire application process.

REQUIREMENTS: Bachelor’s Degree preferred with 1-2 years experience as a Financial Aid Officer/Advisor/Admissions Officer. Knowledge of Federal and State Financial Aid programs. Computer skills, communications skills, accounting or customer service background helpful. Any equivalent combination of experience and training that provides the required knowledge, skills and abilities.

• Detail oriented and well-organized
• Positive attitude
• Ability to work in a fast-paced environment

FUNCTION: Has primary responsibility to oversee the administration of the school’s student Financial Aid services, including federal, state, institutional and private sources of grants, scholarships and school admission process. The FA Officer is the primary point of contact for continuing students with complex issues regarding their Financial Aid package, verification, satisfactory progress,admissions or other related issues and direct oversight of all student financing packages. FA Advisor actively works in the entire admission cycle. Completes other projects as assigned by School Director.

RESPONSIBILITIES:

• Ensure all Financial Aid paperwork is processed according to company procedures to ensure completeness and accuracy of documentation collected and Financial Aid documentation is adequately and permanently recorded and available when necessary
• Assist new, current and re-entry students in re-applying for and securing funding to cover educational expenses

• Work with students to secure and package third party/scholarship funding and provide required documentation to agencies to ensure timely payments are received by the College

• Works with prospective candidates to start their admission application and guide them through the admission process
• Works to actively to make calls or contact via email, messaging with prospective candidates to initiate admissions and then to complete the application process
• Maintain all admission related data and work as part of the admissions team

• Provide entrance counseling at appropriate times to encourage responsible debt management and ensure regulatory compliance

• Advise students on the consequences of schedule changes as they apply to Financial Aid awards

• Advise continuing and re-entry students who have questions about their eligibility, available funding, stipends, etc.

• Collect, review for accuracy, and manifest all private/federal/state loan MPNs and forward to the appropriate lender

• Assist with federal, state, VA, and accrediting agency audits
• Other duties as assigned

Please submit resume for immediate consideration.

Job Type: Part-time

Pay: $18.00 - $24.00 per hour

Expected hours: No more than 35 per week

Education:

• Associate (Preferred)

Work Location: In person