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Director of Financial Aid

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Tennessee Board of Regents (TBR)

15d ago

  • Job
    Full-time
    Mid Level
  • People, HR & Administration
    Accounting & Tax
  • Gallatin

AI generated summary

  • You need a Bachelor's Degree and 4 years of supervisory experience in Financial Aid administration.
  • You will manage financial aid budgets, oversee fund disbursement, handle student requests, develop policies, ensure compliance, and enhance communication and processes to support students effectively.

Requirements

  • Bachelor's Degree.
  • 4 years of supervisory experience in Financial Aid administration.

Responsibilities

  • Responsible for budget management within the Office of Financial Aid.
  • Manage awarding, disbursing, and reconciliation of all financial aid funds.
  • Prepare and submit annual Fiscal Operations Report and Application to Participate (FISAP); compile and submit semester and year end reconciliation rosters for all federal and state aid programs.
  • Review special circumstance requests submitted by students and render professional judgment decisions based on individual circumstances while adhering to federal regulations.
  • Develop policies, procedures, and processes to effectively implement new aid programs and required changes in existing programs.
  • Responsible for the efficient and effective daily administrative and organizational functions of the Office of Financial Aid.
  • Develop and disseminate financial aid written material, supervision of attendance reporting and aid adjustment.
  • Attend local, state, regional and national financial aid conferences and workshops as necessary to ensure compliance with respective guidelines and regulations.
  • Provide administrative leadership for a comprehensive financial aid program providing federal, state, and institutional financial assistance to students.
  • Establish and implement competent measurements for reviewing programs to determine program effectiveness.
  • Evaluate, and provide professional development and current training for exempt and non-exempt personnel; execute various personnel actions.
  • Work closely with other campus departments and external agencies in order to provide quality service to students.
  • Handle the release of confidential information and assure proper documentation of student financial aid records.
  • Oversee satisfactory academic progress business processes.
  • Ensure the college meets all requirements related to Student Consumer Information and the College Financing Plan.
  • Respond to all federal and state audit inquiries related to financial aid.
  • Resolve student financial aid issues and complaints as they arise.
  • Oversee processes of program participation for eligibility of federal student aid.
  • Supplement student recruitment and retention efforts by services offered through financial aid including the implementation and management of a financial aid related communication plan and series of outreach events in cooperation with other areas of the College.
  • Be proactive in identifying and implementing efficiencies in the use of Banner and Slate Financial Aid for processing, awarding and disbursing financial aid.
  • Establish and implement short and long term goals for the use of technology in operation of the various financial aid processes.
  • Develop and manage a precise system of internal controls and comply with all applicable state and federal regulations.
  • Maintains up-to-date knowledge of proposed and current federal and state legislation as well as local modifications to curricula and informs Senior Leadership of all changes that may impact all financial aid programs and student enrollment.
  • Manages Institutional Scholarships including Athletic Scholarships ensuring the scholarships align with TBR and NJCAA rules and regulations.
  • Other duties as assigned.

FAQs

What are the primary responsibilities of the Director of Financial Aid?

The Director of Financial Aid is responsible for strategic leadership and oversight of federal, state, and institutional financial aid programs, managing budgets, ensuring compliance with regulations, and supervising staff.

What qualifications are needed for this position?

The minimum qualifications include a Bachelor's Degree and 4 years of supervisory experience in Financial Aid administration. A Master's Degree is preferred.

What skills are essential for the Director of Financial Aid?

Essential skills include strong written and oral communication, computer literacy, accounting skills, management of business process improvements, and proven customer service abilities.

What is the salary range for this position?

The salary range for the Director of Financial Aid is $68,434 - $85,542 annually, depending on experience.

Is there an opportunity for professional development in this role?

Yes, the Director of Financial Aid will evaluate, provide professional development, and current training for staff as part of their responsibilities.

What benefits does Volunteer State Community College offer?

Benefits include health, dental, and vision insurance, educational assistance, retirement options, paid holidays, annual leave, sick leave, and employee discounts.

Are unofficial transcripts acceptable for the application?

Yes, unofficial transcripts are acceptable during the application process; however, official transcripts will be required upon hire.

What kind of experience is preferred for applicants?

Preferred qualifications include a Master's Degree in addition to the required supervisory experience in Financial Aid administration.

Will applicants be subject to a background check?

Yes, applicants may be subject to a background check as part of the hiring process.

Does the college provide support for student outreach and retention through financial aid?

Yes, the Director of Financial Aid will manage financial aid-related communication plans and outreach events to support student recruitment and retention efforts.

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Tennessee Board of Regents (TBR)

Start your career at Tennessee's community and technical colleges

Education
Industry
51-200
Employees
1972
Founded Year

Mission & Purpose

The College System of Tennessee system consists of 37 institutions with a combined annual enrollment of over 120,000 students, ranking it the largest system of public higher education in Tennessee. The System's 13 community colleges, 24 colleges of applied technology, and its TN eCampus online education portal offer classes in all of Tennessee's 95 counties.