Financial Aid Processor II
Job Description
What's next for you is the first priority for us! With over 45 programs from associate to doctoral degrees, South University is a private institution dedicated to providing educational opportunities that spark the intellectual, social and professional development of a diverse student population.
Our 120-year story—past, present and future—is a history formed by the many individuals who have developed the education and spirit of community that have become our pledge to the students, faculty, staff, alumni and supporters of South University. Online and at our 8 locations and 2 learning sites, we take pride in our welcoming environment; one-on-one support and personalized attention that helps students define goals and identify the means to pursue them. Our small classes feature hands-on experiences that not only shape students’ skills and excellence in their chosen fields but also shape their characters through encouraging community involvement, volunteerism and the pursuit of life-long learning.
Visit www.southuniversity.edu today to learn more about what makes us stand apart as a place to Belong, Believe and Become, a place where you can make a difference in the lives of students eager to learn and grow.
South University, the right direction for a brighter future.
Benefits:
*Medical
*Dental
*Vision
FSA/HSA
Tuition Assistant Program
Long/Short Term Disability
Life Insurance
Employee Assistance Program
401K Match
Generous Paid Time Off
12 Paid Holidays
* includes domestic partner coverage
POSITION SUMMARY:
Responsible for electronically processing a high volume of loan applications and guarantees, financial aid applications, COD grant payment data, and other financial aid information. Incumbent must assure that the South University philosophy: quality services to clients; development, growth, involvement, and recognition of employees; sound economic principles; and environment which is conducive to innovation, positive thinking and expansion is considered in carrying out the duties and responsibilities of this position. This position offers a hybrid remote work arrangement.
KEY JOB ELEMENTS:
- Award student financial aid based on student funding plan. This includes Title IV loans, Pell, and FSEOG.
- Award Institutional grants based on MOU
- Award Employee Tuition Assistance vouchers
- Review ISIRs for conflicting information.
- Perform Verification on ISIRs received
- Clear C-codes on ISIR
- Review Post Screen ISIRs
- Process Late Disbursements
- Process Transfer Monitor Alert
- Import and Export COD, NSLDS, and CPS files using EdConnect
- Resolve COD origination Rejects
- Resolve validation rejects
- Perform Daily batching of Funds
- Perform Daily Posting of Funds
- Perform Return of Title IV calculation
- Perform Institutional Refund Calculation
- Review accounts for Canceled students
- Review and Award Pell based on Enrollment level after the term starts
- Email Initial and Secondary Education plans for VA students
REQUIREMENTS:
- Associate's degree in accounting or finance OR 7 years of financial aid experience.
- Two or more years of support experience in a key data entry role, preferably in a Financial Aid office.
- Knowledge of CARS, CampusVue, Lawson or similar is helpful, although the ability to learn new software may substitute.
- Knowledge of Title IV regulations relating to student loan processing preferred.
- Excellent written and verbal communication skills.
- Strong interpersonal skills with both executive and school staff populations.
- Superior organization, prioritization, self-motivation, and problem resolution skills.
- Comfort in computing environment; high level of proficiency in word processing and spreadsheet software.
- Proficiency in all Microsoft Office Applications, experience with CARS system or CampusVue and Department of Education Software, preferred
- Ability to complete work in a timely fashion in accordance with federal regulations.
- Ability to learn new software packages quickly and with minimal support.
- Ability to listen to customers (e.g. staff, etc.) and to understand and respond positively to their requests.
- Ability to work without close supervision and to set one's own priorities.
ENVIRONMENT:
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions. The term "qualified individual with a disability" means an individual with a disability who, with or without reasonable accommodation, can perform the essential functions of the position. While performing the duties of this job, the employee is regularly required to communicate professionally in person, over the telephone, via video conference, through email and other electronic means, move about the office or school, handle various types of media and equipment, and visually or otherwise identify, observe and assess.
South University is an Equal Opportunity Employer and embraces diversity as a critical step in ensuring employee, student, and graduate success. We are committed to building and developing a diverse environment where a variety of ideas, cultures, and perspectives can thrive.
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