Student Financial Services Counselor
Listed on 2026-11-04
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Finance & Banking
Financial Compliance, Financial Services, Accounting & Finance
Job Description
The Student Financial Services Counselor plays a critical role in supporting the recruitment, advising, retention, and financial operations of the institution. These contributions are achieved by providing comprehensive financial aid and student accounts serviceto students and families. Professionals occupying this position are expected to be proficient in the best practices associated with the administration, reporting, and compliance parameters required bystate, federal, and institutional financial assistanceorganizations. Acting as a comprehensive resource to current and prospective graduate, undergraduate, and professional developmentstudents, Student Financial Services Counselor act as the primaryservice provider for all financial aid and student accountcounseling.
The professional scope for this position includes the capacity to provide guidance on aid eligibility, satisfactory academic progress, student lending/repayment options, institutionalpayment plans, aid related tax exposure, student employment andhealth insurance compliance.
- Support the administration, processing, and assessment of multiple financial aid vehicles including federal, state, and institutionally sponsored aid programs for assigned studentcaseload.
- Provide financial assistance and payment counseling to current and prospective students/ families. Address questions regarding all dimensions of aid eligibility, professional judgement parameters,aid renewals, appeals, federal/private loans, externalscholarships, student employment and alternative paymentoptions.
- Ensure compliance with institutional, federal and statefinancial aid regulations, including Title IV policies and procedures. Participate in internal and external audit process.
- Advise and monitor payment plans, coordinate with students on outstanding balances. Assist in the development, implementation and execution of policies for collections, account holds, and financialappeals. Oversee student billing, tuition payments, refunds, and account reconciliations.
- Participate in current and prospective student programing.
Represent and promote the full scope of student financial services at virtual and in-person events. Programs include financial wellness days, FAFSA completion events, webinars, advising fairs,and open house experiences. - Assume operational leadership roles over designated project sand functions. These focus areas are determined by the Associate Vice President for Student Financial Services and may include auditprep, compliance, payment plans, collections, third party payments,outside scholarships, state affiliations, federal compliance,veteran benefits, and graduate programs.
- Bachelor’s degree in accounting, finance, business administration, higher education administration, or a related field(Master’s preferred).
- 1-3+ years of experience in student accounts, financial aid, orrelated financial services in higher education.
- Strong knowledge of federal and state financial aid regulations, as well as student accounts policies.
- Commitment to participate and engage in ongoing professional development including attendance and presentation opportunities available within state, regional and national professional organizations.
- Experience with student information systems (e.g., Banner,Flywire, Campus Logic, Slate, Workday) and financial aid/loanportals.
- Excellent, detail-oriented communication, problem-solving, and customer service skills.
- Ability to work collaboratively across departments and handle sensitive financial matters with discretion.
Grade 4.
Expected salary: $53,000.00 to $64,000
At this time, the university is unable to sponsor applicants forH-1B visas.
Compensation and BenefitsWentworth Institute of Technology is…
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