What are the responsibilities and job description for the FINANCIAL AIDE OFFICER position at Meadville Medical Center?
Meet with provisionally accepted student to ensure that FAFSA is completed
Complete and conduct entrance financial counseling with the student
Support the student (and parents if applicable) in completing loan / grant applications
Support the student (and parents if applicable) in completing Master Promissory Notes
Verifies and originates state and federal loans and grants
Works with the admission committee of each program to determine what general education courses the student need to take and develops the Cost of Attendance (COA) worksheet
Calculates annual award year financial aid and documents reviews with student and completes annual award year close-out reports for Penn and Direct loans
Maintains highly organized financial files for each student
Completes 1098T forms for the RN and LPN programs annually in February
Meticulously records and tracks all student tuition received by cash, check or Electronic Funds Transfer (EFT) and notifies the director of program (RN or LPN) of outstanding balances each semester
Processes and records all student over-awards in a timely manner
Maintains National Student Loan Data Systems (NSDLS) reports and the National Student Clearinghouse monthly reports
Completes Veteran's Affairs (VA) certification and maintains compliance for students
Completes Office of Vocational Rehabilitation (OVR) paperwork and maintains compliance for applicable students
Completes exit counseling with students before graduation to reduce the program default rate
Is the Primary Destination Point for the DOE Federal Student Aid (Appropriate school director is the secondary) and participates in the annual EZ audit due by June 30 annually
Completes the spring and fall integrated Post-secondary Education Data System (IPEDS) reports and the annual security report
Completes annual PHEAA, AES, and VA Audits
Attends Faculty Organization, Advisory Board and Admission meetings of the Practical Nursing and Registered Nursing programs
Annually attends live or web-based training and updates from the Department of Education (DOE), PHEAA and other identified contributing agencies
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