Demo

Director of Financial Aid

North Central Michigan College
Petoskey, MI Full Time
POSTED ON 3/18/2025
AVAILABLE BEFORE 5/17/2025

PERKS & BENEFITS:

  • Full-time position, salary range of $80,000 - $85,000 per year, commensurate with experience.
  • Multiple generous medical plans offered with employee and family coverage options and cash in-lieu option if waiving coverage. Effective on first day.
  • Employer-paid vision & dental with employee and family coverage options, employer-paid employee life insurance, employer-paid AD&D and employer-paid long-term disability insurance. Effective on first day.
  • Multiple retirement plans offered, including through the state of Michigan, all with employer matching. Effective on first day.
  • 6 paid holidays. Eligible upon date of hire.
  • Paid time off and paid bereavement time offered. Eligible upon date of hire.
  • Tuition waiver and reimbursement program for eligible employee and/or dependents.
  • Employer-paid access to confidential employee assistance program for employee and/or dependents.
  • Free access to gym, fitness center and home sporting events.
  • On-site cafeteria
  • College bookstore discount.
  • Discounts on Lifelong Learning series and Luncheon Lectures hosted by Corporate & Community Education.
  • And more!

GENERAL DESCRIPTION:

The Director of Financial Aid is responsible for the administration of an established financial aid program (federal, state and institutional funds) that adheres to regulations with integrity, along with upholding the mission and vision of North Central Michigan College. Monitors budgets, provides financial aid related advisement, and establishes procedures and policies in compliance with current federal, state and institutional guidelines. Director to be available during normal business hours and during peak operations, position may require working evenings, holiday breaks and/or weekends.

DUTIES:

  • Provides leadership in areas of Title IV Federal, State, Institutional & VA funding to ensure compliance with regulations.
  • Responsible for timely and accurate submission of Program Participation Agreement (PPA), FISAP, IPEDS, Gainful Employment (GE), State of Michigan and other required reports.
  • Oversees matters of policy and procedure related to financial aid compliance.
  • Evaluates and interprets Title IV regulations & provide clarification on Title IV regulations to internal and external customers.
  • Informs Vice President of Student Affairs of changes to regulations.
  • Oversees student cost of attendance budgets by evaluating local cost of living figures through outside agencies, such as U.S. Bureau of Labor Statistics.
  • Maintains consortium agreements contracts from other institutions. Facilitate paperwork needed to keep consortium agreements in compliance.
  • Maintains the federal campus work study program contracts.
  • Advises students, parents, staff, high school counselors, other college personnel and off-campus agencies on all aspects of student financial aid.
  • Maintains college webpages and catalog to ensure financial aid consumer disclosure compliance.
  • Evaluates and implements new technology and systems for the delivery and monitoring of financial aid. Work with IT Department staff to ensure computer development and maintenance issues for the Financial Aid Office.
  • Collaborates with Director of Business Services for audits, and disbursements.
  • Administers Financial Aid Office budget development and control.
  • Serves as college representative at professional conferences and other meetings related to financial aid.
  • Coordinates high school and area FAFSA (Free Application for Federal Student Aid) presentations as requested.
  • Maintains open communication and good working relationship with college faculty members, administrators, and staff to promote compliance with funded programs (on campus and off campus locations).
  • Processes professional judgment requests in unique/uncommon situations to determine financial aid awards for special student populations.
  • Disburses all federal, state, and institutional aid through the PowerFAIDS/Jenzabar software interface.
  • Administers satisfactory academic appeal (SAP) evaluation and oversees appeal process for students seeing reinstatement of financial aid eligibility.
  • Facilitates processing of Return to Title IV (R2T4) refunds.
  • Annually updates PowerFAIDS and Jenzabar software with new-year set-up. Program PowerFAIDS to correctly request student information, set up enrollment dates, and any new funds.
  • Oversees and ensures that the college's Veteran's Benefits certification process is efficient, timely and accurate.
  • Collaborates with the North Central Community foundation director to administer foundation scholarship funds.
  • Supervises, trains, and evaluates department staff; works with staff to assign responsibilities, determines department priorities and procedures, and ensures cross-training occurs.
  • Participates at all Student Registration Day sessions, representing financial aid with explanation of aid opportunities available.
  • Reconciles Pell amounts regularly with the U.S. Department of Education and the NCMC Business Office.
  • Performs other duties as assigned.

MINIMUM QUALIFICATIONS

  • Bachelor's degree in appropriate field. Master's degree preferred.
  • Three (3) to five (5) years of directly applicable experience in a customer-oriented office with extensive personal computer experience.
  • Knowledge of spreadsheet and word processing skills and web access software system (knowledge of PowerFAIDS/Jenzabar software helpful).
  • Preferred three or more years of work experience in providing supervision or leadership to a financial aid department or related department in a higher education setting.
  • Enjoy working with public; be able to relate well to college students, faculty and staff.
  • Ability to read and interpret government regulations.
  • Knowledge and understanding of community college philosophy and the North Central Michigan College vision, mission, and values.

NON-DISCRIMINATION POLICY

NCMC is committed to providing equal opportunity in campus activities, programs, and employment, and prohibits discrimination based on sex, race, color, national origin, religion, disability, veteran status, or any other characteristic protected by applicable local, state, or federal law. For more information, visit: https://www.ncmich.edu/north-central-policies-resources/policy-manual/policy-manual-b-overall-campus-residence-halls.html

APPLICATION INSTRUCTIONS:

  • APPLICATION DEADLINE: MARCH 28, 2025
  • Complete applications will be given first consideration and shall include: Work history, Education level, 3 professional references.
  • Please also include an updated resume as well as cover letter.
  • Unofficial (student) copies of all higher education transcripts are also required. Official transcripts will be required upon hire.
  • Additional upload spots will be available for other related documentation, such as licenses or certifications.

Job Type: Full-time

Pay: $80,000.00 - $85,000.00 per year

Benefits:

  • Dental insurance
  • Employee assistance program
  • Employee discount
  • Flexible spending account
  • Health insurance
  • Health savings account
  • Life insurance
  • Paid time off
  • Professional development assistance
  • Referral program
  • Retirement plan
  • Tuition reimbursement
  • Vision insurance

Work Location: In person

Salary : $80,000 - $85,000

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

What is the career path for a Director of Financial Aid?

Sign up to receive alerts about other jobs on the Director of Financial Aid career path by checking the boxes next to the positions that interest you.
Income Estimation: 
$58,938 - $83,316
Income Estimation: 
$79,900 - $115,583
Income Estimation: 
$43,210 - $55,899
Income Estimation: 
$58,938 - $83,316
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Not the job you're looking for? Here are some other Director of Financial Aid jobs in the Petoskey, MI area that may be a better fit.

Financial Aid Clerk Part-Time

Entech Staffing Solutions, Flint, MI

Central Financial Aid Office Processor - Afternoons

Ross Education Holdings Inc, Flint, MI

AI Assistant is available now!

Feel free to start your new journey!