Financial Aid Officer jobs in Duluth, MN

Position Title: Director of Financial Aid

Reports To: Chief Financial Officer

FLSA Status: Exempt

Annual Contract: Full-time - 52 Weeks

Rate of Pay: Dependent on Qualifications

Posting date: September 30, 2024

Application Deadline: October 14, 2024

Start Date: As soon as possible

In-Person - Not Remote

General Position Summary:

The Director of Financial Aid oversees the administration and delivery of all students’ financial aid programs while maintaining compliance with all federal, state, and College regulations, policies, and procedures. The Director of Financial Aid must work with co-workers, faculty, staff, students and their families, the Department of Education, state agencies, tribal entities, and the community to provide efficient and accurate financial aid services.

For a full job description and information on how to apply, visit our website.

Resume, cover letter, unofficial transcripts, and LCO University job application, which is available on our website, are required for application to be complete.

Minimum Qualifications:

• Bachelor’s degree in Business or a related field plus 3-5 years experience working in a Financial Aid office at a post-secondary institution
• Basic understanding of accounting procedures
• Proficient in Microsoft Office products, particularly Excel

Key Responsibilities:

• Coordinate and manage all financial aid programs, ensuring compliance with all federal, state, and institutional regulations, policies, and procedures
• Provide data and reports to reviewing bodies, such as auditors, program reviewers, Executive Council, Board of Regents, accrediting agencies, and other University personnel that need financial aid-related data
• Collaborate with the Business Office to ensure accurate and timely exchange of awarding/disbursement information in Colleague
• Provide monthly reconciliations with internal/external stakeholders
• Oversee Institutional compliance with Department of Education Title IV regulations
• Oversee Institutional compliance with the Department of Defense and Veteran Affairs. Provide financial aid support to military members and veterans, including becoming the VA School Certifying Official
• Develop and maintain relationships with veteran's service organizations, community groups, and others whose interest is in helping veterans and their families to enhance the educational experience for the student and their families
• Prepare the annual operating budget and monitor budget transactions for accuracy
• Participate in staff meetings, share information as appropriate, and promote the development of ideas for improved service and efficiency
• Facilitate financial aid committee meetings, ensuring that members follow procedural and regulatory guidelines
• Attend required training; access online webinar training and other materials to keep updated on job responsibilities and changing regulations
• Develop a competent, productive, and effective department by hiring, training, and supervising financial aid staff
• Counsel and advise students and parents regarding financial aid eligibility
• Contribute to the overall success of the Financial Aid Office by performing all other duties as assigned by the Chief Financial Officer

Knowledge, Skills, and Abilities Required:

• Excellent communication skills, verbal and written
• Proficient in interpreting regulations and implementing policies as needed
• Experience working with Native American communities
• The ability to maintain confidentiality is vital to protect sensitive financial and
• personal data
• Strong organizational and leadership skills and detail-oriented
• Exceptional skill in managing and resolving conflict, and problem-solving skills
• Professional manner and strong ethical code
• Provide an outstanding customer experience

Reportability:

• Reports to the Chief Financial Officer

Job Type: Full-time

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Schedule:

• 8 hour shift

Education:

• Bachelor's (Preferred)

Work Location: In person