Disbursement Specialist
Job Posting for Disbursement Specialist at Commonwealth of VA Careers
Title: Disbursement Specialist
Agency: Tidewater Community College
Location: Norfolk - 710
FLSA: Nonexempt
Hiring Range: $37,000 - $43,000, commensurate w/ experience
Full Time or Part Time: Full Time
Additional Detail
Job Description:
Minimum Qualifications:
Tidewater Community College has served South Hampton Roads – both students and employers – for 50 years. It has grown from 1 campus into a regional educational and economic force. TCC is the largest provider of higher education and workforce services in Hampton Roads, enrolling nearly 28,000 students in 2019-20. Founded in 1968 as a part of the Virginia Community College System, Tidewater Community College (TCC) services South Hampton Roads with 4 campuses in Chesapeake, Norfolk, Portsmouth, and Virginia Beach, 7 regional centers and 2 important cultural institutions. The college had 3,203 graduates in 2019-2020, 40 percent of whom pursued degrees that would let them transfer to 4-year institutions. Of South Hampton Roads residents enrolled in higher education 36% enrolled at TCC. TCC’s institutional accreditation is affirmed through 2027 by the Southern Association of Colleges and Schools Commission on Colleges.
To facilitate the disbursement of Federal, State and Local Aid programs. To perform enrollment verification functions and necessary aid adjustments prior to disbursement and throughout the semester as needed. To perform enrollment verifications; Create Overpayment Worksheets for identified overpaid students and figure overpayment debt; Notify students of overpayment; Track when overpayments are paid or referred to the Department of Education; Review student accounts for outstanding balance and assist with notifying students of TCC related debt as well as notifying campus Business Office; Adjusts financial aid awards as needed. To perform supportive level duties to maintain structure and continual flow of work.
To facilitate the disbursement of Federal, State and Local Aid programs. To perform enrollment verification functions and necessary aid adjustments prior to disbursement and throughout the semester as needed. To perform enrollment verifications; Create Overpayment Worksheets for identified overpaid students and figure overpayment debt; Notify students of overpayment; Track when overpayments are paid or referred to the Department of Education; Review student accounts for outstanding balance and assist with notifying students of TCC related debt as well as notifying campus Business Office; Adjusts financial aid awards as needed. To perform supportive level duties to maintain structure and continual flow of work.
• Knowledge of Federal and State educational financial aid programs, including most recent rules and regulations issued by the Department of Education.
• Knowledge of and ability to work with general accounting procedures.
• Ability to handle multiple tasks in a high volume deadline driven environment.
• Ability to evaluate student financial aid applications for compliance with federal rules and regulations.
• Ability to interpret Student Aid Reports and other information to conduct needs analysis
• Ability to problem solve, work accurately with details, and organize data and work.
• Ability to accurately key data into student information system and reconcile data with computer printouts.
• Ability to create documents using word processing software in a Windows environment.
• Ability to communicate effectively both in writing and orally.
• Ability to work independently and as a team to achieve team goals.
• Experience with data entry and database management.
• Experience with operation of computer, facsimile, 10-key calculator and copier machine.
Preferred Qualifications:• Knowledge of and ability to work with general accounting procedures.
• Ability to handle multiple tasks in a high volume deadline driven environment.
• Ability to evaluate student financial aid applications for compliance with federal rules and regulations.
• Ability to interpret Student Aid Reports and other information to conduct needs analysis
• Ability to problem solve, work accurately with details, and organize data and work.
• Ability to accurately key data into student information system and reconcile data with computer printouts.
• Ability to create documents using word processing software in a Windows environment.
• Ability to communicate effectively both in writing and orally.
• Ability to work independently and as a team to achieve team goals.
• Experience with data entry and database management.
• Experience with operation of computer, facsimile, 10-key calculator and copier machine.
• Training in federal financial aid regulations.
• Experience with performing needs analysis.
• Experience with performing needs analysis.
Salary.com Estimation for Disbursement Specialist in Norfolk, VA
$54,211 to $71,370
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