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Financial Aid Administrator

The Salon Professional Academy
  • *Job Description**
  • The Financial Aid Administrator administers packages and awards aid within the required timelines for students and their families on behalf of the School.
  • Must have knowledge of current Department of Education regulations to ensure proper handling of funds or **be willing to learn.**
  • Completes quarterly and yearly Federal government reports.
  • *Responsibilities**

· Meet with prospective students and families, conducting career planning sessions and Academy tours

· Send out information to prospective students

· Respond professionally to email/phone inquiries

· Communicate with student / parent in aiding them in the process of packaging and awarding aid for student

· FAFSA /ISIR collected

· E-MPN collected

· Entrance Loan Counseling completed and documented

· Verification, complete if applicable

· Cost of Attendance Worksheet and Loan Disclosure Completed to determine eligibility /acceptance of aid package

· Work with Third Party Servicers

· Accurate Placement Order for Student Files

· Collect Award Offers prior to class start date

· Request Disbursements

· Verify Satisfactory Academic Progress through Student Report Card

· Disburse aid using Direct Loan / Pell Disbursement Sheet

· Cross check disbursements entered into student ledgers for accuracy

· Weekly tuition overview recorded daily, give to the Owner/Operations Director

· Tuition Income Projection Sheet completed for owner monthly

· Track and print weekly the hours/credits completed by each student to verify hours/credits completed

· Conduct Exit Interview and collect documentation including Exit Loan Counseling for graduates and students who withdraw

· Complete R2T4 SERVICER worksheet for Title IV Aid students who withdraw

· Complete School Refund Worksheet for withdrawals

· Complete Government Reports including but not limited to:

· IPEDS report three times per year

· Campus Crime Annual Report

· Accreditation Annual Report

· Net Price Calculator

· At least once yearly, attend financial aid training (webinars or onsite)

· Compile data for Program Review if School is selected to complete a review

· Update School policies affecting financial aid with the help of the Owner or Operations Director

  • *Work Schedule**
  • Reports to the Operations Director or Owner
  • Full time position – Hourly
  • 5 days a week

Job Type: Full-time

Pay: From $40,000.00 per year

Benefits

  • 401(k) matching
  • Employee discount
  • Life insurance
  • Paid time off
  • Professional development assistance
  • Retirement plan

Schedule

  • 8 hour shift
  • Monday to Friday

Work Location: In person

Job Type

Job Type
Full Time
Location
Nampa, ID

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