Title: Financial Aid Assistant
Classification: C3
Department: Financial Aid Office
Job Summary: Support Financial Aid Office in processing materials and information pertaining to financial aid awards.
Primary Duties & Global Responsibilities:
- Direct Loan Processing - establish and update loan origination records, transmit loan origination records to the U.S. Department of Education electronically, upload and download origination records, acknowledgments, disbursement records and finally reconciliation records.
- Develop weekly Direct Loan Processing Calendar and schedule with computer center operation.
- Submit Promissory Note to Department of Education after keying, matching, reviewing for completeness and follow-up if necessary.
- Prepare loan manifest document for mailing.
- Process Parent Loans.
- Keep log of all transactions submitted to the U.S. Department of Education. Check number count.
- Keep track of all loan records that are originated and review errors.
- Process all award acceptance (Alpha Split).
- Process all change of awards (Alpha Split).
- Manually originate loan records.
- Maintain office planning calendar.
- Maintain student files.
- Process staff waivers.
- Supervise student employees.
- Other related duties as assigned.
Secondary Duties & Responsibilities:
- Back-up phones as necessary.
- Back up reception area as necessary.
- Handle correspondence relating to learn programs.
- Process award letters.
Minimum Required Qualifications:
- High school graduate.
- Minimum of three years related experience and/or relevant training.
- Demonstrated experience to successfully work under pressure and meet deadlines.
- Demonstrated experience to successfully maintain positive interpersonal relationships.
- Demonstrated experience to successfully operate office equipment.
- Demonstrated experience to successfully provide quality customer service.
- Demonstrated experience to successfully maintain satisfactory work performance and attendance record.
- Possess strong verbal and written communication skills.
- Demonstrated experience to successfully work independently, organize own work and coordinate work activities of others.
- Demonstrated experience in successful keyboard proficiency.
Desired Qualifications:
- Some college course work.
- Higher education work experience.
- Supervisory experience.
Supervision Received: Receives general instruction from a designated supervisor, but is generally expected to work independently.
Supervision Exercised: Hire, train, supervise, schedule and coordinate the work of student employees and may act as lead worker to other COT staff members within the department/unit/division. May participate in personnel decisions, such as hiring, terminating, disciplining and evaluating of COTs, but is not the decision maker.
Revised Date: September 1997
For questions regarding employment, email Human Resources Employment Information. TDD Callers: Call Michigan Relay Center 1-800-649-3777.
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