The Financial Aid Title IV Compliance Officer manages the delivery and accountability of federal, state and institutional financial aid funds to undergraduate and graduate students.
Job Duties:
- Primarily responsible for Title IV financial aid programs.
- Conducts financial aid compliance tests for each program, to ensure strict adherence to federal regulations and guidelines, policies and procedures.
- Maintain compliance with the Code of Federal Student Aid Regulations (NASFAA).
- Revise policies and policies and procedures to accommodate changes in federal and state regulations as well as institutional policies and ensures that established procedures are followed.
- Review financial aid verification files to ensure program compliance.
- Update the financial aid Standard Operations Procedures Manual and Financial Aid Website, as appropriate.
- Handle escalated issues related to program compliance with higher education agencies and third party advocates.
- Develop and implement an effective program review of aid programs; proactively auditing processes, practices and documents.
- Educate and train employees on compliance related regulations.
- Ensure that the office operations and business transactions follow all relevant legal requirements as promulgated in student aid regulations.
- Oversee cases involving financial aid fraud and abuse.
- Other duties as assigned
Qualifications:
- A Bachelor’s degree, finance, business management, or a related field.
- At least three years of proven experience in financial aid operations.
Requirements:
- Good knowledge of requirements and procedures of financial aid.
- Excellent oral and written communication skills.
- Highly analytical with strong attention to detail.
- Management experience (preferred).
- Strategic thinking.