What are the responsibilities and job description for the Financial Aid Processor II position at South University?
POSITION SUMMARY:
Responsible for electronically processing a high volume of loan applications and guarantees, financial aid applications, COD grant payment data, and other financial aid information. Incumbent must assure that the South University philosophy: quality services to clients; development, growth, involvement, and recognition of employees; sound economic principles; and environment which is conducive to innovation, positive thinking and expansion is considered in carrying out the duties and responsibilities of this position. This position offers a hybrid remote work arrangement.
KEY JOB ELEMENTS:
Award student financial aid based on student funding plan. This includes Title IV loans, Pell, and FSEOG.
Award Institutional grants based on MOU
Award Employee Tuition Assistance vouchers
Review ISIRs for conflicting information.
Perform Verification on ISIRs received
Clear C-codes on ISIR
Review Post Screen ISIRs
Process Late Disbursements
Process Transfer Monitor Alert
Import and Export COD, NSLDS, and CPS files using EdConnect
Resolve COD origination Rejects
Resolve validation rejects
Perform Daily batching of Funds
Perform Daily Posting of Funds
Perform Return of Title IV calculation
Perform Institutional Refund Calculation
Review accounts for Canceled students
Review and Award Pell based on Enrollment level after the term starts
Email Initial and Secondary Education plans for VA students
REQUIREMENTS:
Associate's degree in accounting or finance OR 7 years of financial aid experience.
Two or more years of support experience in a key data entry role, preferably in a Financial Aid office.
Knowledge of CARS, CampusVue, Lawson or similar is helpful, although the ability to learn new software may substitute.
Knowledge of Title IV regulations relating to student loan processing preferred.
Excellent written and verbal communication skills.
Strong interpersonal skills with both executive and school staff populations.
Superior organization, prioritization, self-motivation, and problem resolution skills.
Comfort in computing environment; high level of proficiency in word processing and spreadsheet software.
Proficiency in all Microsoft Office Applications, experience with CARS system or CampusVue and Department of Education Software, preferred
Ability to complete work in a timely fashion in accordance with federal regulations.
Ability to learn new software packages quickly and with minimal support.
Ability to listen to customers (e.g. staff, etc.) and to understand and respond positively to their requests.
Ability to work without close supervision and to set one's own priorities.
ENVIRONMENT:
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions. The term "qualified individual with a disability" means an individual with a disability who, with or without reasonable accommodation, can perform the essential functions of the position. While performing the duties of this job, the employee is regularly required to communicate professionally in person, over the telephone, via video conference, through email and other electronic means, move about the office or school, handle various types of media and equipment, and visually or otherwise identify, observe and assess.
South University is an Equal Opportunity Employer and embraces diversity as a critical step in ensuring employee, student, and graduate success. We are committed to building and developing a diverse environment where a variety of ideas, cultures, and perspectives can thrive.
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