Financial Aid Advisor
2 weeks ago
Financial Aid Counseling and Application:
- Provide Guidance: Offer comprehensive counseling to both prospective and current students regarding financial aid options. Assistance with Applications: Assist students in completing financial aid applications and other necessary forms, submit supporting documents accurately.
- Evaluate Eligibility: Assess students' financial aid eligibility based on various factors and guidelines.
- Explain Options: Clarify the different financial aid options available, such as grants, scholarships, loans, and work-study programs, where applicable.
Collaboration with Financial Aid Departments:
- Confirmation of Enrollments: Maintain communication with financial aid departments across all provinces to confirm students' enrollments and ensure timely processing of financial aid.
- Payment Coordination: Collaborate closely with financial aid departments to facilitate payments for students' financial aid packages, ensuring accuracy and efficiency in the disbursement process.
Financial Planning:
- Personalized Plans: Develop personalized financial plans tailored to each student's needs and circumstances for direct students
- Financial Assessments: Conduct thorough assessments to determine students' financial resources and budgeting requirements.
- Expense Management: Provide guidance on managing educational expenses effectively, including tuition, fees, and living expenses.
- Financial Literacy: Offer advice and resources on financial literacy topics to help students make informed decisions.
Regulatory Compliance:
- Stay Informed: Keep abreast of federal and provincial financial aid policies and regulations in Canada to ensure compliance.
- Compliance Assurance: Ensure adherence to all relevant laws and regulations governing financial aid programs.
- Record Keeping: Maintain accurate and confidential student financial records in line with regulatory requirements and institutional policies.
Student Support:
- Primary Contact: Act as the main point of contact for students seeking financial aid assistance.
- Address Inquiries: Respond promptly and professionally to student inquiries and concerns related to financial aid.
Education & Experience
- Bachelor's degree in Business Administration, Finance, Education, or a related field (or equivalent work experience).
- Experience in student services, financial aid, admissions, or customer support is an advantage.
- Background in working with CRM systems or student information systems (SIS) preferred.
Knowledge & Skills
- Strong understanding of financial aid processes, student loan programs, and scholarship requirements (training can be provided).
- Excellent communication and interpersonal skills when dealing with students, parents, and internal teams.
- High attention to detail with strong organizational and documentation abilities.
- Ability to analyze financial documents and assess eligibility based on guidelines.
- Proficient in MS Office (Word, Excel) and comfortable learning new systems.
- Ability to manage multiple cases and meet deadlines in a fast-paced environment.
Job Type: Full-time
Work Location: In person
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