Financial Aid Counselor

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Job Title:

Financial Aid Counselor Job Family:

Professionals Full-Time/Part-Time:

Full time

Pay Type:

Salary Department:

Financial Aid-2

Job Summary:

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 to 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.

Job Description:

Position Responsibilities:

Research and interpret student financial aid program guidelines including but not limited to those in the Federal Register, student aid handbooks, and training manuals to ensure compliance with federal and state regulations and program requirements.

Meet with students and parents concerning the financial aid process and deadlines for applying for aid according to established procedures, and assist in completing the required forms. Provide friendly and knowledgeable assistance to applicants throughout the process. Advise students and parents of requirements and processes. Give clear and concise directions about awarding to students and how the process of allocating funds to their accounts occurs.

Assist with the processing of loan files and corrections on a timely basis with accuracy within PowerFAIDS, ELM, and Common Origination Disbursement (COD). Award loans to student accounts and adjust awards as needed. Continue to work as a team member to back up for PowerFAIDS and EDConnect processing when others are not available.

Counsel students concerning satisfactory academic progress, withdrawals, and enrollment plans when related to all South Carolina state aid.

Counsel students regarding their grade point average and credit requirements and the effects of any dropped, failed, or withdrawals on their South Carolina state aid eligibility.

Reconcile state aid programs monthly. Ensure the funds received from the state match the disbursed funds in PowerFAIDS and Workday.

Operate all financial aid software programs. Perform data entry and processing.

Review, analyze, and package student awards according to institutional, state, and federal requirements as it…