Director of Financial Aid and Debt Management

Director of Financial Aid and Debt Management

Hiring Department:
College of Medicine

Location:

Chicago, IL USA

Requisition :
Posting Close Date:
Salary: $100,,000

About the University of Illinois Chicago

UIC is among the nation's preeminent urban public research universities, a Carnegie RU/VH research institution, and the largest university in Chicago. UIC serves over 34,000 students, comprising one of the most diverse student bodies in the nation and is designated as a Minority Serving Institution (MSI), an Asian American and Native American Pacific Islander Serving Institution (AANAPSI) and a Hispanic Serving Institution (HSI).

Through its 16 colleges, UIC produces nationally and internationally recognized multidisciplinary academic programs in concert with civic, corporate and community partners worldwide, including a full complement of health sciences colleges. UIC embodies the dynamic, vibrant and engaged urban university, and has recently climbed in the U.S. News & World Report “Best Colleges” rankings among top public schools. As one of the largest employers in Chicago, UIC is committed to student success and inclusive excellence.

Position Summary

The Director of Financial Aid and Debt Management is a college-wide position that provides strategic vision, leadership, and operational oversight of the institution's financial aid/debt management programs and outreach initiatives. The Director supports enrollment, retention, and the success of medical and graduate students through technology-driven financial aid service enhancements while ensuring compliance with federal, state, and institutional regulations. The role advances student access, affordability, and financial wellness.

Duties and Responsibilities

1. Strategic Leadership

• Develop and lead long-term strategic planning related to the cost of attendance for matriculating and continuing medical and graduate students.

• Align financial aid and scholarship policies with institutional goals and compliance requirements.

• Lead initiatives to improve opportunity and access to financial options to fund students' cost of attendance.

• Serve as a key advisor to senior leadership on financial aid and scholarship policy and strategy.

• Create an advisory group consisting of stakeholder representatives.

• Provide strategic thinking that balances compliance with a student-centered approach.

• Lead teams, build partnerships, and achieve measurable results.

• Partner with the Offices of Admissions and GEMS to develop strategies that educate prospective students on the cost of attendance, federal loan limits, private loan needs, and credit requirements.

2. Oversight and Supervision

• Supervise financial aid staff, fostering a culture of service and accountability.

• Oversee the administration of all federal, state, institutional, and private aid programs in compliance with applicable laws and regulations.

• Conduct performance evaluations of financial aid staff.

• Oversee involvement of advancement, admissions, registrar, and other college departments to implement strategies.

• Manage budgets, allocations, and reporting for institutional aid programs.

• Ensure compliance with federal, state, and institutional regulations across all units.

• Guide professional development of staff for this strategy.

3. Budget and Resource Management

• Allocate resources effectively to support institutional priorities.

• Monitor financial aid disbursements and ensure fiscal accountability.

• Maintain accurate and up-to-date records of financial aid data.

4. Policy Development and Compliance

• Develop institutional policies related to financial aid and outreach initiatives employing technology-driven and student-centered service enhancements.

• Serve as the primary liaison to university enrollment management leadership and the college representative to regulatory bodies (e.g., Department of Education).

• Ensure timely and accurate reporting of federal and state aid programs.

• Draft and update institutional policies to ensure compliance.

• Provide training and guidance to staff and campus stakeholders.

5. Institutional Collaboration

• Collaborate with educational and student affairs, finance, GEMS and…