36 Financial Aid Advisor Jobs in Chicago, IL
SAE Institute North America is Hiring a Financial Aid Advisor Near Chicago, IL
Financial Aid Advisor Duties And Accountabilities
- 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
- I. Campus Director and Financial Services - Group
- II. SAE/Expression local and Group staff
- III. SAE/Expression Students
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
- Communicates effectively with people at all levels.
- Works collaboratively with people throughout the organization.
- Continuously look for ways to simplify and improve work processes to achieve better results.
- Applies skills to work on assignments of moderate to complex scope. Exercises judgment within defined procedures and practices to determine appropriate action.
- Develops plans for accomplishing objectives. Works to improve own efficiency and performance.
- Understands formal structure/hierarchy, positional responsibilities, and standard operating procedures
- Follows through on commitments made to internal and external customers
- Presents ideas and facts clearly and effectively in an oral or written manner.
Job Summary
Full Time
$45k-58k (estimate)
06/26/2024
12/21/2024
The job skills required for Financial Aid Advisor include Customer Service, Commitment, Communicates Effectively, Microsoft Office, Problem Solving, Confidentiality, etc. Having related job skills and expertise will give you an advantage when applying to be a Financial Aid Advisor. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Financial Aid Advisor. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Financial Aid Advisor positions, which can be used as a reference in future career path planning. As a Financial Aid Advisor, it can be promoted into senior positions as an Associate Financial Aid Director that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Financial Aid Advisor. You can explore the career advancement for a Financial Aid Advisor below and select your interested title to get hiring information.
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