Director of Financial Aid

TITLE:

Director of Financial Aid

STATUS:
Exempt

BENEFITS:
Full / Comprehensive Benefits Package

SALARY: $92,000

Reporting to the Vice President of Enrollment Management, the Director of Financial Aid provides strategic leadership for the College's Financial Aid Office while serving as the institution's primary administrator responsible for Title IV compliance. This position oversees the administration of federal, state, institutional, and veteran educational assistance programs while ensuring ongoing compliance with all applicable federal and state regulations, Department of Education guidance, accreditation requirements, and institutional policies.

The Director develops and maintains financial aid policies, procedures, and internal controls; monitors regulatory changes; oversees audits and program reviews; manages departmental operations and staff; and collaborates with campus partners to support student success while minimizing institutional compliance risk. This position serves as a member of the College's Operational Leadership Team and works collaboratively with the Vice President of Enrollment Management to develop strategic financial aid initiatives and improve operational efficiencies.

Work Arrangement:
Hybrid; the on-campus schedule will be established with the Vice President of Enrollment Management based on departmental coverage, student service needs, and institutional priorities.

Compliance & Regulatory Oversight

• Serve as the institution's primary administrator responsible for ensuring ongoing compliance with all Title IV federal student aid regulations.
• Maintain the institution's Title IV Program Participation Agreement (PPA) with the U.S. Department of Education.
• Develop, implement, and maintain financial aid policies, procedures, and internal controls that ensure compliance with federal, state, institutional, and accreditation requirements.
• Monitor changes to federal and state financial aid regulations and implement operational changes necessary to maintain institutional compliance.
• Lead institutional preparation for Department of Education Program Reviews, Single Audits, Veterans Affairs audits, PHEAA audits, and other regulatory reviews.
• Identify compliance risks and implement corrective actions and process improvements.
• Serve as the College's primary liaison for Title IV compliance by communicating regulatory changes and compliance expectations to appropriate campus departments.
• Ensure accurate and timely completion of all required federal, state, and institutional reports.
• Maintain departmental policies and procedures manuals and ensure ongoing compliance with regulatory requirements.

Financial Aid Administration

• Administer all federal, state, institutional, and veteran educational assistance programs.
• Oversee the administration of institutional and donor-funded scholarships, including eligibility criteria, application and selection processes, awarding, timely posting, renewal requirements, and monitoring of available funds; coordinate with Advancement and the scholarship committee to ensure awards align with donor restrictions and institutional policies.
• Monitor financial aid allocations, fund utilization, and scholarship expenditures to ensure effective use of available resources and adherence to applicable funding restrictions.
• Oversee the administration of Satisfactory Academic Progress (SAP) and the appeal process.
• Ensure accurate awarding and packaging of financial aid in accordance with applicable regulations.
• Establish packaging deadlines, monitor outstanding student files, and conduct regular…