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Financial Aid Coordinator
Pellissippi State Community College | |
paid holidays, sick time, 401(k), 403(b), employee discount | |
United States, Tennessee, Knoxville | |
10915 Hardin Valley Road (Show on map) | |
Oct 30, 2024 | |
Title: Financial Aid Coordinator Department: Financial Aid Number of Positions: 1 Classification: 2m/Hybrid Mobile Position #: 100140 Type of Appointment: Full-Time FLSA Status: Exempt Pay Rate: $43,570-$53,760/per year. Pay will be determined based on related work experience above required. To be considered in determining pay, all related work experience must be listed on the application. Required Documents Needed to Upload at Time of Application: Resume, transcripts and three professional references. Reference check requirements: * Non-supervisory roles: three (3) current or former supervisors * Personal references (friends, clergy, customers, relatives) are not considered acceptable references. Position Summary: Overall purpose of this position is to ensure accurate administration and management of financial aid programs in compliance with federal, state and institutional regulations. Accountable for timely execution of federal, state and institutional funding for student and institutional budgets. Independently provide up-to-date subject matter expertise on federal student aid programs including Return to Title IV, Federal Student Loans, Parent Plus Loans, Alternative Loans, Federal and Instructional Work-study and the Student Aid Application (FAFSA) Data Verification Program to internal and external stakeholders in support of PSCC enrollment objectives and mission. Essential Functions: 40% Administer Federal and State Student Aid programs, including but not limited to FAFSA applications; perform verification of all verifiable data elements of the FAFSA application; review FAFSA and student documents to resolve conflicting information; enter corrections to FAFSA through FAA and/or Banner; review keyed corrections thru Banner to ensure that all corrections have been made correctly; process federal student aid awards including but not limited to Federal Pell Grant, FSEOG, Federal Work Study and Federal Student Loans. Administer alternative loan program. Determine eligibility for State aid programs including but not limited to Tennessee Education Lottery Scholarships, (Hope, TN Promise, TN Reconnect,) and TSAA Tennessee Grants. Process timely certification files via FAST; Review and work eligibility reports; calculate, post, verify and reconcile awards. Process returns to Title IV aid related to post withdrawal disbursements, Pell Overpayments and returns of previously awarded Federal Student Aid per federally established guidelines. Notify students of any changes to their federal and/or State Aid eligibility during the term that result in adjustments to their PSCC student account. 15% Work with Common Origination Disbursement (COD), National Student Loan Data System (NSLDS), various loan lenders, and other applicable parties to resolve problems including student loan default, bankruptcies, SAR C codes, Fresh Start Loan Program. Assist the director/manager to review, analyze, interpret, and troubleshoot system COD extract and import reports to discern errors, identify problem with pells and loans, and take the appropriate action to correct them. 10% Monitor student continued eligibility based on aid retention requirement and administer appeals processes. Review satisfactory academic progress standards to determine continued eligibility for student aid. Review bench marks and enrollment requirements for continuation of eligibility for state aid programs. Facilitate and/or serve on appeal committee for SAP appeals and IRP for state aid appeals. 10% Review various reports to address issues related to student aid including but not limited to credit hour mismatch, over-award, multiple reporting, transfer monitoring, and reconciliation for Pell and loans 5% Remain current on all Federal, State and Institutional regulations and procedures; staying abreast of Federal, State and Institutional policies, rules and regulations pertaining to financial aid programs. 5% Provide support to the off-site campuses as needed. Utilize a holistic student focused approach to counsel, inform, and process student situations in person, virtually, and by phone, offering excellent customer service. Conduct events such as high school FAFSA nights, Financial Aid Days and Welcome day events. 5% Participate in on-going training/professional development in the following areas: financial aid, start strong center, admissions, registration, advising, and customer service. 5% Administer student scholarships. Accurately and timely post scholarships following institutional, state and federal guidelines. 5% Other duties as assigned to support PSCC Financial aid office, Admissions, start strong center, and/or any of the PSCC campuses. Note: The College reserves the right to change or reassign job duties, or combine positions at any time. Key Results Areas: Efficiency and accuracy are paramount in order to facilitate timely awarding and disbursement of Student Aid to student's accounts each academic term resulting in increased student enrollment. Efficiency and accuracy of regulatory compliance of managed Financial Aid programs through annual internal, State or Federal audits. Funds must be returned and Post Withdrawal funds must be disbursed according to DOE published guidelines. Low complaint reports. Federal Work Study awarding and payroll processing is as efficient and as accurate and timely as possible Job Requirements:
Skills/Abilities:
. Part-time work experience is calculated at 50% credit of full-time work experience. Complexity & Creativity: The position assists with safeguarding the institution's eligibility to participate in Federal Title IV and Tennessee State Aid Programs, impacting over 80% of currently enrolled PSCC students.
Magnitude of Impact: The magnitude of student financial aid programs on PSCC is far reaching and can be caught within days or weeks. Almost every department and facet of a College depends on keeping Federal Student aid Title IV programs in compliance. A State or Federal audit finding in Financial aid programs could result in monetary fines to the college and jeopardize the continuing eligibility in the Student Financial Aid programs. Any issues will first be addressed by the financial aid supervisor/director. If necessary, the AVP will be involved. The AVP will always be kept abreast of any significant issues involving the program(s) this employee oversees. Responsibility for Accuracy: It is most likely that an error would be caught. Errors will be found by daily automated reports via Banner, Argos or DegreeWorks. Coordinators are required to perform internal audits to verify accuracy. If errors are not caught in a timely manner, students could receive awards that they are not eligible for and could result in state and/or federal audit findings. These findings could result in fines to the school and possible loss of Title IV and/or State aid eligibility. In addition, if students do not have their money on their accounts in a timely manner and they are dependent on financial aid, they may not enroll, thus dropping PSCC enrollment numbers and affecting the schools budgetary income. Judgement and Decisions: This position makes and is responsible for independent decisions related to the management and administration of Title IV federal student aid and TN State aid. They are responsible for and implementing any changes or updates with occasional consultation of the Financial Aid Manager or Director. Monitor enrollment changes to perform the calculations for return to Title IV processing. Nature of Contacts: Provide or receive information from the internal and external entities in order to administer the program(s) effectively from a wide variety of areas: Advising, Student Account Services, Admissions and Records, Curriculum & Instruction, Human Resources, Foundation, Deans, Program Coordinators, Faculty, Internal Audit, Academic Departments, Department of Ed., TBR, & TSAC. Physical Demands:
Hazards: Back and neck strain from long hours sitting at desk, carpal tunnel injuries from computer keyboard work, and vision strain from computer lighting. Anxiety/stress related fatigue in and after semester peak deadlines. Full-time Employment Benefits:
Special Instructions to Applicants: To be considered for a position at Pellissippi State, you must create an on-line application. Your skills, abilities, qualifications, and years of experience will be evaluated using only what is recorded on your application. Work experience that is not listed on the application will not be considered towards compensation. Please note: attaching a resume does not substitute for completion of the application form. Part-time work experience is calculated at 50% of full-time experience. Please note: to scan, upload, or attach documents, a computer and scanner are available at the Hardin Valley Campus Educational Resources Center, if needed. Pellissippi State Community College is an EEO/AA/Title VI/Title IX/Section 504/ADA employer If you have any problems or questions please contact Human Resources at Pellissippi State Community College's Human Resource Office at 865-694-6607 or by email at recruiting@pstcc.edu. If you are interested in this position, click on Apply located below or Apply Now in the upper right-hand corner. #mrp |