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Overview

Financial Aid Counselor Jobs in New Orleans, LA at Dillard University

Title: Financial Aid Counselor

Company: Dillard University

Location: New Orleans, LA

Essential Duties and Responsibilities:

Coordinate fiscal operations of the Office of Financial Aid & Scholarships with other pertinent University Offices, i.e., Business and Finance, Bursar, as well as relevant outside agencies, i.e., U.S. Department of Education.

Responsible for fiscal processing, reporting and reconciliation of all Federal Title IV aid programs, including: Pell Grants/Multiple Reporting Records, SEOG, Federal Work-Study and Federal Direct Loans. Returning funds to the appropriate program as needed. Ensure compliance with all current federal and state regulations as they apply to the fiscal operations of all financial aid programs, including the timing of cash drawdown, changes in matching requirements, etc.

Responsible for the financial administration, coordination and reconciliation of Federal Student Aid Programs and resolving of discrepancies on a student-by-student basis, through to the closeout of the federal grant. Reconciliation to include Importing, Exporting, Originating and Disbursing aid to and from the Common Origination Disbursement (COD) System, amount reported to the federal program, and the final amount of the Federal/Campus Based grants, loans and student employment closeout.

Responsible for reconciliation of EFT Disbursements of Awards.

Responsible for the processing of the financial aid portion of all federal refunds and repayments. Responsible for coordinating the return of such refunds to the federal programs in compliance federal regulations.

Assist in the updating of MPNs/Entrance/Exit Counseling for Direct and PLUS Loans.

Actively seek out this knowledge and take advantage of opportunities to grow professionally.

Additional Responsibilities:

Counsels and advises students about financial aid eligibility, application procedures, aid programs, costs, indebtedness, money and management and financial planning, individualizes information to the particular needs and situation of the student.

Collects and/or analyzes financial data on students to determine aid eligibility and make awards within federal, state and institutional guidelines.

Maintains a detailed working knowledge of all federal, state and institutional regulations and always remains in compliance

Evaluates unusual/mitigating circumstance documentation or information provided by the student.

Exercises judgment by making adjustment or revisions to costs, contribution, need, or dependency status as exceptions to the prescribed process.

Perform reconciliation on Federal Student Aid Programs

Assist with import, export and origination of files and awards

Certifies Private Loan Applications

Answers questions, inquiries, or requests from students, parents, or guardians in person or in writing regarding financial aid programs and eligibility.

Assists in the preparation of and present information regarding federal financial aid, scholarships, employment and grants, Satisfactory Academic Progress (SAP) for students, various campus groups, high school students, and parents at meetings, group discussions, workshops, and recruitment sessions on or off campus.

Analyzes various system-generated reports such as grades and enrollment status, SAP or award status to verify continued compliance and eligibility of students receiving aid under federal and institutional guidelines.

Notifies students of changes in eligibility of awards and alternatives to amend the situation.

Assists with other financial and activities such as outreach, reporting and monitoring.

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About Dillard University