Associate Financial Aid Director jobs in Schaumburg, IL

Associate Financial Aid Director assists in the operation of the financial aid program. Instructs students and parents on the application for loans or scholarships. Being an Associate Financial Aid Director maintains records of scholarships, grants, and other monetary assistance. Has knowledge of available private, state, and federal financial aid programs. Additionally, Associate Financial Aid Director typically requires a bachelor's degree. Typically reports to the Financial Aid Director. The Associate Financial Aid Director manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. To be an Associate Financial Aid Director typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. (Copyright 2024 Salary.com)

Recently Added Associate Financial Aid Director jobs

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Associate Director of Financial Aid
  • Loyola University Chicago
  • Chicago, IL FULL_TIME

  • Position Details

    Position Details

    Job Title
    ASSOC DIR STDNT FIN ASSISTANCE

    Position Number
    8100532

    Job Category
    University Staff

    Job Type
    Full-Time

    FLSA Status
    Exempt

    Campus
    Rogers Park-Lake Shore Campus

    Department Name
    STUDENT FINANCIAL ASSISTANCE

    Location Code
    FINANCIAL ASSISTANCE (02023A)

    Is this split and/or fully grant funded?
    No

    Duties and Responsibilities
    Reporting to the Assistant Vice President (AVP), the Associate Director of Financial Aid will be a key member of the leadership team providing oversight of customer service and training support to the entire financial aid team. This particular role may directly manage up to five FTEs including one Sr. Assistant Director and three Assistant Directors. This role will work in direct support of the AVP and the Director of Financial Aid Operations and Reporting to ensure the Financial Aid Office remains in compliance with both state, and HEA and Title IV regulations. This position will lead office trainings and helping ensure institutional polices are being met and/or are in place and/or updated on an annual basis. This position will also support the AVP with audit support and review.

    Minimum Education and/or Work Experience
    Bachelor’s degree in related field or equivalent; or four to seven years related experience and/or training. A solid knowledge of federal and state regulations is essential.

    Qualifications
    • The Associate Director helps support all aspects of federal, state and institutional aid programs for students at Loyola University Chicago and is done with strict compliance with all state and federal regulations.
    • Supports the AVP and other Associate Directors in formulating and evaluating policies and procedures for the distribution of financial aid in compliance with all state, federal, and institutional rules and regulations.
    • Acts as a source of functional support; performs preliminary troubleshooting and analysis of issues and problems; identifies and recommends business process and/or system changes/enhancements to address ongoing problems.
    • Coordinate new staff training
    • Coordinate on-going training and compliance review
    • Provides direct support for the AVP on compliance reviews and ensures staff are prepared and trained on policy changes
    • Ensure high-level customer service is being provided to students and parents from all financial aid staff
    • Monitors daily/weekly office phone records and student walk-in volume
    • Provides direct guidance and review of R2T4 and SAP processes to ensure on-going compliance
    • Supports students through the financial aid process including but not limited to the collection of documentation, review of documents, and the processing of federal and/or state financial aid awards.
    • Provides leadership to direct and indirect reports including annual evaluations, goal setting, and performance management.
    • Respond to student and parent emails and phone calls.
    • Supports student and parent email/phone/walk-in escalations and provides reasonable solutions
    • Participates in implementations and upgrades as resources are needed.
    • Supports the AVP on internal and external audit reviews; providing timely and accurate information.
    • Works closely with the other Associate Directors on staff trainings and workshops.
    • Serves as a staff resource for questions regarding regulations, professional judgement, and verification.
    • Master’s degree is preferred.
    • 6-10 years of experience working in a financial aid office.
    • Previous supervisory experience is preferred.
    • Performs other duties as required

    Certificates/Credentials/Licenses
    None

    Computer Skills
    Proficiency with Department of Education databases; COD, NSLDS, FAA Access, SAIG. PeopleSoft experience highly preferred.

    Supervisory Responsibilities
    No

    Required operation of university owned vehicles
    No

    Does this position require direct animal or patient contact?
    No

    Physical Demands
    Repetitive Motions

    Working Conditions
    None

    Open Date
    03/21/2024

    Close Date

    Special Instructions to Applicants

    Diversity and Inclusion Statement

    Diversity, Equity, and Inclusion


    As one of the nation’s largest Jesuit, Catholic universities, Loyola University Chicago fosters a transformative cultural experience that honors diversity, equity, and inclusion. We are committed to not only recruiting, but also retaining a diverse, mission driven workforce and enabling a culture of inclusiveness in an environment that values service excellence, stewardship, personal well-being, and professional development for all of our employees. Loyola University Chicago supports its staff and faculty with a wide array of affordable, comprehensive and competitive benefits centered on health and wellness, financial security, equity, and work-life balance. We actively seek those who wish to join our faculty, staff, and students in a community of diverse opinions, perspectives, and backgrounds supporting our Jesuit mission and striving toward the same goal of being persons for and with others.


    Quick Link for Posting
    https://www.careers.luc.edu/postings/27807
  • 2 Days Ago
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Director of Student Financial Aid
  • SAE Institute
  • Chicago, IL FULL_TIME
  • The Director of Student Financial Aid is responsible for all student account functions, including student billing; cashiering operations; posting of federal and financial aid; timely issuance of stude...
  • 2 Days Ago
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Director of Financial Aid
  • Concordia University Chicago
  • Aurora, IL FULL_TIME
  • Responsibilities/DutiesThe Director of Financial Aid is the chief administrator for the delivery of all financial assistance programs including federal, state, institutional and private grants, schola...
  • 2 Days Ago
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C
Director of Financial Aid
  • Concordia University, Chicago
  • River Forest, IL FULL_TIME
  • Responsibilities/Duties: The Director of Financial Aid is the chief administrator for the delivery of all financial assistance programs including federal, state, institutional and private grants, scho...
  • 11 Days Ago
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Director of Financial Aid
  • Judson University
  • Elgin, IL FULL_TIME
  • Job Summary: Reporting to the Executive Vice President, the Director of Financial Aid will provide leadership for all of the student financial aid functions of the University. The successful candidate...
  • 17 Days Ago
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W
Financial Associate
  • Wintrust Financial Corporation
  • Arlington, IL FULL_TIME
  • Wintrust Wealth Management serves the financial needs of private clients, including high net worth individuals, business owners, and institutions. Since our founding in 1931, we have been helping clie...
  • 3 Days Ago
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0 Associate Financial Aid Director jobs found in Schaumburg, IL area

A
Controller
  • Ascendo Resources
  • Chicago, IL
  • Financial Controller: Broadcasting We are seeking a proactive and adept accounting professional to join our streamlined ...
  • 5/26/2024 12:00:00 AM
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D
Project Accountant
  • Diverzify
  • Itasca, IL
  • A few things about us... Welcome to our company! We're the largest and most respected commercial flooring installation s...
  • 5/26/2024 12:00:00 AM
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Data & Operations Specialist (NOT REMOTE)
  • Hmong Wisconsin Chamber of Commerce
  • Chicago, IL
  • BACKGROUND The Hmong Wisconsin Chamber of Commerce (HWCC) is a statewide, Community Development Financial Institution (C...
  • 5/25/2024 12:00:00 AM
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Coverage Camp Director
  • Hiring Now!
  • Chicago, IL
  • Company Description Galileo is a nationally recognized summer day camp that's all about empowering young innovators to c...
  • 5/25/2024 12:00:00 AM
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Assistant Community Care Manager - Deer Park, IL
  • Addus Homecare
  • Glendale Heights, IL
  • >> We offer our team the best Medical, Dental and Vision Benefits Continued Education PTO Plan Retirement Planning Life ...
  • 5/24/2024 12:00:00 AM
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Assistant Community Care Manager - Deer Park, IL
  • Addus Homecare
  • Addison, IL
  • >> We offer our team the best Medical, Dental and Vision Benefits Continued Education PTO Plan Retirement Planning Life ...
  • 5/24/2024 12:00:00 AM
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General Manager - Franchised
  • Marriott International
  • Des Plaines, IL
  • Job Description Additional Information: This hotel is owned and operated by an independent franchisee, Aimbridge Hospita...
  • 5/23/2024 12:00:00 AM
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C
BUSINESS MANAGER III
  • Cook County Government
  • Chicago, IL
  • OVERVIEW The Office of the President seeks a Business Manager III to plan, direct, and coordinate all activities of a la...
  • 5/23/2024 12:00:00 AM
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About Schaumburg, Illinois

Schaumburg /ˈʃɔːmbɜːrɡ/ is a village in Cook County and DuPage County in northeastern Illinois, United States. It is a northwestern suburb of Chicago and part of the Golden Corridor. Schaumburg is roughly 28 miles (45 km) northwest of the Chicago Loop and 10 miles (16 km) northwest of O'Hare International Airport. As of the 2010 census, the village had a total population of 74,227. In 2018, the Village of Schaumburg was ranked the Best Place to Live in Illinois by MONEY Magazine. In 2017, Money ranked Schaumburg the 9th best place to live in the United States. Schaumburg has one of Illinois's ...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Associate Financial Aid Director jobs
$60,194 to $85,096
Schaumburg, Illinois area prices
were up 0.8% from a year ago
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What does an Associate Financial Aid Director do?

Associate Financial Aid Director in Lorain, OH
In the final analysis, about 35% of the incoming class will receive some kind of aid.
December 23, 2019
Associate Financial Aid Director in York, PA
The Associate Director of Financial Aid is a key leadership position within the Financial Aid Office, managing daily customer service operations, and coordinating activities to meet administrative financial aid needs of our students.
February 22, 2020
Associate Financial Aid Director in Longview, TX
The Associate Director will provide oversight and strategic direction for the Financial Aid Office processing operations.
January 02, 2020