What are the responsibilities and job description for the Financial Aid Officer position at Austin Career Institute?
Job Overview
The Financial Aid Officer plays a crucial role in supporting students through the financial aid process, ensuring they have access to the necessary resources to fund their education. This position involves advising students on financial aid options, processing applications, and maintaining accurate records. The ideal candidate will have a strong background in education administration and financial services, with a keen ability to analyze financial data and communicate effectively with students and staff.
Responsibilities
- Advise students on available financial aid options, including grants, loans, and scholarships.
- Process financial aid applications accurately and efficiently using systems such as Ellucian or PeopleSoft.
- Conduct financial analysis to determine student eligibility for aid programs.
- Maintain up-to-date knowledge of federal, state, and institutional financial aid regulations.
- Assist in loan processing and ensure compliance with all relevant policies.
- Communicate clearly with students regarding their financial aid status and requirements.
- Collaborate with other departments to support student enrollment and retention efforts.
- Prepare reports and documentation related to financial aid disbursements and audits.
Skills
- Strong understanding of education administration principles.
- Proficiency in financial services practices and regulations.
- Experience with Ellucian or PeopleSoft systems is highly desirable.
- Excellent analytical skills for conducting financial analysis.
- Effective communication skills for advising students and collaborating with staff.
- Knowledge of loan processing procedures.
- Solid mathematical skills for accurate data handling and calculations.
Job Type: Full-time
Pay: From $46,000.00 per year
Benefits:
- Health insurance
- Paid time off
Ability to Commute:
- Austin, TX 78752 (Required)
Ability to Relocate:
- Austin, TX 78752: Relocate before starting work (Required)
Work Location: In person
Salary : $46,000