Financial Aid Coordinator

Arkansas State University • Jonesboro, AR • 2d ago

This job was posted by https://www.arjoblink.arkansas.gov : For more information, please see: https://www.arjoblink.arkansas.gov/jobs/4837031

Position Summary:

The Loan and Data Load Coordinator administers federal student loan programs while ensuring compliance with federal, state, and institutional regulations. This position is responsible for loan origination, disbursement, reconciliation, Return to Title IV (R2T4) calculations, overaward resolution, system data processing, and student eligibility review. The coordinator serves as a subject matter expert for student loan programs and supports students, families, faculty, and staff through professional customer service and financial aid counseling. Additionally, this position will supervise the processing team.\ \ The position works collaboratively with Financial Aid and Scholarships staff, Enrollment Management and Finance departments to ensure accurate and timely delivery of financial assistance.

Duties & Responsibilities:

Federal Loan Administration

Administer Federal Direct Loan programs (subsidized and unsubsidized

loans) which include reviewing and processing loan increases, decreases, cancellations, and reinstatements.

Originate, adjust, disburse, and cancel student loans in compliance

with federal regulations and institutional policies.

System Processing and Data Management

Review rejected records and resolve processing exceptions.

Maintain accurate electronic records and documentation.

Review and resolve suspended institutional student information

records (ISIRs) to verify demographic information is correct prior to awarding federal aid to students.

Compliance and Eligibility Review

Conduct reviews for overawards, unmet need, and cost-of-attendance

conflicts.

Ensure compliance with Title IV regulations, federal guidance,

institutional policies, and audit requirements.

Reconciliation and Reporting

Perform Direct Loan reconciliation between Banner and federal

systems.

Collaborate with the Treasurers Office to process unclaimed refunds

checks to return funds to Federal Student Aid.

Return to Title IV (R2T4) Administration

Calculate and process Return to Title IV funds for students who

withdraw.

Ensure required adjustments and notifications are completed

accurately and timely.

Student Service and Counseling

Respond to inquiries via phone, email, and in-person appointments.

Assist students with FAFSA-related issues and aid processing

requirements.

Maintain student confidentiality in accordance with FERPA.

Supervising the Processing Team

Oversee the Processing Team functions, such as Pell Grant, Direct

Plus Loan, and Private Loan processing and reconciliation.

Monitor adherence to federal, state and institutional regulations

Knowledge/Skills/Abilities:

Knowledge of supervisory practices and procedures, student financial aid programs, standards, and procedures.\ \ Ability to review and evaluate student financial needs, and prepare appropriate financial aid packages, disseminate information orally and in writing.\ \ Collect, analyze, compile, and record data on financial aid, and supervise the work of subordinates.

General Days/Hours:

Monday - Friday\ 8:00 a.m. - 5:00 p.m.\ Additional hours as requested and/or needed\ Regular and reliable attendance

Other:

Please note: all position postings close at 12:00 A.M. CST on the position closing date\ \ Preferred Qualifications\

One (1) year of experience in student financial aid or other related

areas.

Minimum Qualifications:

The formal education equivalent of an earned Bachelor\'s degree.\ \ Other job-related education and/or experience may be substituted for all or parts of these basic requirements upon the approval of the qualificationsreview committee.

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