What are the responsibilities and job description for the Loan Specialist position at Kansas City University?
Job Type:
Staff
Job Description:
The Loan Specialist plays a vital role in implementing the financial literacy program for KCU. This attention detailed professional is responsible for analyzing student loan requests and then certifying loans using the financial aid administrative software.
Essential Duties:
KCU is committed to promoting an equal employment opportunity workplace. Equal opportunity is and shall be provided for all employees and applicants for employment on the basis of their demonstrated ability and competence without discrimination on the basis of race, color, religion, sex, age, national origin, genetic information (GINA), physical or mental disability, pregnancy, sexual orientation, gender identity, marital status, familial status, ancestry, military and/or veteran status, and/or any other status protected by applicable Federal, state or local law.
Annual Security Report
KCU is committed to providing a safe campus for students, faculty, and staff. Our annual campus security report lists campus crimes and statistics for the campus and public areas around campus for the last three years, in accordance with the Jeanne Clery Disclosure of Campus Security Policy and Campus Crime Statistics Act.
Thank you for your interest in a career at KCU!
Staff
Job Description:
The Loan Specialist plays a vital role in implementing the financial literacy program for KCU. This attention detailed professional is responsible for analyzing student loan requests and then certifying loans using the financial aid administrative software.
Essential Duties:
- Determine student loan eligibility for student loan applicants and complete certification worksheet for each loan requested
- Resolve loan request discrepancies and ensure the accuracy of information transmitted to and from the U.S. Department of Education remains in compliance with federal student eligibility and needs analysis requirements
- Routinely correspond with students regarding their completion and questions of their Master Promissory Note, Entrances and Exit Counseling
- Monitor and verify each student's eligibility for a loan on the National Student Loan Data System (NSLDS)
- Cancel loan awards when students become ineligible or by student request
- Monitor daily changes to student enrollment effecting loan eligibility and correspond with loan borrowers to complete loan exit counseling
- Assist with the monthly reconciliation of Direct Loan programs and the return to title IV processing
- Recommends and assists in the analysis and development of enhancements to the financial aid data processing systems
- Represents the Student Financial Aid Office at campus and public events as requested
- Respond promptly to student telephone inquiries and e-mails
- Bachelor's degree or knowledge typically obtained through a 4-year degree
- 1-2 years of previous financial aid loan processing
- Knowledgeable of current federal, state, and institutional regulations governing federal student aid
KCU is committed to promoting an equal employment opportunity workplace. Equal opportunity is and shall be provided for all employees and applicants for employment on the basis of their demonstrated ability and competence without discrimination on the basis of race, color, religion, sex, age, national origin, genetic information (GINA), physical or mental disability, pregnancy, sexual orientation, gender identity, marital status, familial status, ancestry, military and/or veteran status, and/or any other status protected by applicable Federal, state or local law.
Annual Security Report
KCU is committed to providing a safe campus for students, faculty, and staff. Our annual campus security report lists campus crimes and statistics for the campus and public areas around campus for the last three years, in accordance with the Jeanne Clery Disclosure of Campus Security Policy and Campus Crime Statistics Act.
Thank you for your interest in a career at KCU!
