Financial Aid Counselor

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Financial Aid Counselor

Professionals

Full time

Salary

Financial Aid-2

The Financial Aid Counselor, under the direction of the Associate Director of Financial Aid, will provide financial aid counseling to prospective students, their parents, and to our current students and their parents. This includes providing timely and accurate information about the processes for applying for financial aid at Furman, the timing of our decisions, the resources available to finance the costs of education, the role of borrowing and working, and how the “financial fit” of an institution pertains to choosing to apply and enrolling s position works within Furman’s Enrollment Management Department, a holistic “applicant-to-graduate” unit that has the strategic and operational responsibility for meeting the institution’s enrollment goals.

• Serve as a member of the financial aid counseling staff. This involves appointments with students and parents (both prospective and currently enrolled), reviewing and/or revising award packages, speaking to those calling in for information, assisting Enrollment Services “front line” personnel with financial aid-related questions, etc.

• Administer the federal loans, federal grant, and alternative loan programs including all reporting to the Department of Education. Administration of these programs includes the monthly reconciliation of funds awarded to students, reported to the federal entities, disbursed to the students’ accounts, and posted to Furman’s general ledger.

• Serve as the Federal Work Study liaison with Enrollment Services, requiring a thorough knowledge of Federal Work Study regulations and performing monthly reconciliations of Federal Work Study expenditures.

• Assume creative outreach responsibilities to currently enrolled and prospective students and their parents, when appropriate. These efforts may include social media, campus announcements, etc. All work is done via standards set by the University.

• Assist with Title IV requirements for verification of the data submitted by parents and students on the Free Application for Federal Student Aid (FAFSA).

• Read FAFSA information and analyze income tax returns, particularly those of business owners. Make appropriate adjustments to reported income based on tax information.

• Perform appropriate review of Special Financial Circumstance Forms submitted by students.

• Assist with over-award monitoring throughout the year.

• Present financial aid workshops on campus and in high schools in the Greenville-Spartanburg…