What are the responsibilities and job description for the Financial Aid Coordinator position at Tricoci University of Beauty Culture?
Financial Aid Coordinator
The Company:
Tricoci University of Beauty Culture (TUBC) is a Chicago-based education company focused on the beauty industry. Founded by Mario Tricoci, an accomplished leader and world-renown innovator in the beauty industry, TUBC provides a premium education that develops graduates with the skills, knowledge and professionalism desired by leading companies in the industry.
Position Summary:
The Financial Aid Coordinator will execute financial aid and private loan activities, implement financial aid policies and procedures, and ensure financial aid compliance. Work together with General Manager/Admissions and Student Services to ensure high customer service standards. Perform administrative functions and complete management reports accurately and timely. Abide by the school, state, and federal policies.
Responsibilities:
- Review student files for completeness and accuracy, in compliance with Federal, state and institutional policies and procedures
- Complete verification of financial aid application data and student eligibility
- Assist students/parents with applications for financial aid
- Explain awards to students/parents as it relates to their financial aid eligibility
- Research and resolve any problems in a student FA file
- Financial aid packaging- initial and subsequent academic years
- All electronic processing- ISIR, FAFSAs, MPNs
- Loan Processing- all aspects for loan processing from certification to reconciliation
- Timely and accurate processing of financial aid
- Maintain knowledge of appropriate regulations (Federal, state and institutional)
- The ability to calculate R2T4 refunds for drops/withdrawals
- Provide student FA updates to campus admission coordinator and GM
- Generate default prevention notifications to students
- Run monthly, weekly and daily FA reports to ensure that grants, loans and other funds are approved
- Special projects as needed
Knowledge, Skills, and Abilities:
- DOE/Title IV rules and regulations
- Customer Service
- Organizational skills
- Team Player; ability to work well with Admissions
- Detail Oriented
- Excellent follow through skills
- Pro-active thinker
- Verbal and written communication skills
- Computer skills
Education:
· Bachelor’s degree preferred
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