Financial Aid Loans Specialist

Financial Aid Loans Specialist

POSITION DETAILS

Medgar Evers College, The City University of New York (MEC) believes that education has the power to positively transform the lives of individuals, and that education is the right of all. A dynamic and vibrant institution, its mission is to provide higher education for the under-served populations of Central Brooklyn through high-quality, professional and career-oriented undergraduate degree programs. A four-year liberal arts college, MEC is a beacon of educational opportunity, culture, and success to the New York City community and beyond. The College is dedicated to making a positive impact on the surrounding community and pioneering initiatives that will create success for even the youngest learners in Central Brooklyn.

The Financial Aid Loans Specialist will report to Associate Director of Financial Aid and will work as part of a team of professionals to deliver comprehensive in-person, phone, and electronic financial aid information on grants, loans, applications, work-study, and other related programs and services to current and prospective students, families, and college staff. In addition to the CUNY Title Overview, the Financial Aid Loans Specialist will be responsible for the following duties:

• Works with Associate Director and Director to manage the Direct Loan Unit
• Originate loans and monitor their status through disbursement to the student account.
• Review borrowers to ensure compliance with borrowing limit and other federal regulations, adjusting the loan

when necessary.

• Oversees application records input and maintenance for the loan program
• Performs application intake, evaluation, processing, awarding and verification of eligibility for federal and state

financial aid

• Coordinates consortium agreements such as study abroad.
• Stays current on all regulations, changes and developments which affect student financial aid

QUALIFICATIONS

Bachelor's Degree and four years' related experience required.

• Availability to work occasional evening and weekend hours
• Existing comprehensive knowledge of Federal and State programs, regulations, and policies
• Excellent written and verbal communication skills as well as strong multi-tasking skills
• Student centered approach with a strong commitment to service
• Working knowledge

CUNY TITLE OVERVIEW

Administers all aspects of student loan programs (e.g., Direct, Perkins and Alternative programs)

• Verifies and process forms and applications; determines eligibility and award amounts
• Advises students, parents, staff and community regarding loan eligibility, rules, and options
• Serves as liaison to collection agencies; coordinates default management interventions and processing
• Serves as a College resource on loan programs, maintaining up-to-date knowledge and sharing information with colleagues
• Represents the office internally and externally on issues related to loan programs
• Ensures compliance with University and governmental policies and procedures
• Performs other duties as assigned.

Job Title Name: Financial Aid Loans Specialist

CUNY TITLE

Higher Education Assistant

FLSA

Non-exempt

COMPENSATION AND BENEFITS

Salary commensurate with education and experience.

CUNY's benefits contribute significantly to total compensation, supporting health and wellness, financial well-being, and professional development. We offer a range of health plans, competitive retirement/pension benefits and savings plans, tuition waivers for CUNY graduate study and generous paid time off. Our staff also benefits from the extensive academic, arts, and athletic programs on our campuses and the opportunity to participate in a lively, diverse academic community in one of the greatest cities in the world.

HOW TO APPLY

To apply, go to www.cuny.edu, access the employment page, log in or create a new user account, and search for this vacancy using the Job ID or Title. Select "Apply Now" and provide the requested information.

CLOSING DATE

August 5, 2026

JOB SEARCH CATEGORY

CUNY Job Posting: Managerial/Professional

EQUAL EMPLOYMENT OPPORTUNITY

CUNY encourages people with disabilities, minorities, veterans and women to apply. At CUNY, Italian Americans are also included among our protected groups. Applicants and employees will not be discriminated against on the basis of any legally protected category, including sexual orientation or gender identity. EEO/AA/Vet/Disability Employer.

Job ID: 32486

Location: Medgar Evers College