Chief Financial Aid Officer

1 month ago

Cannock, Staffordshire, United Kingdom Briar Cliff University Full time
Job Summary

The Chief Financial Aid Officer - Administration is responsible for overseeing all activities within the Financial Aid Office at Briar Cliff University. This role ensures accurate and secure student financial data, while maintaining confidentiality of records (FERPA). The successful candidate will provide timely information to students and families and serve as the chief compliance officer for Title IV federal and state financial aid regulations.

Key Responsibilities
  1. Administer Federal and State Aid Programs: Ensure compliance with federal and state guidelines as established by the Department of Education, including overseeing annual applications, operational reports, internal reconciliations, and liaising with auditors, program reviewers, and accreditation bodies.
  2. Student-Centered Financial Aid Services: Develop and implement a proactive, student-focused customer service model that enhances the delivery of financial aid services to prospective and current students, as well as parents.
  3. Student Counseling and Advising: Advise students on financial aid eligibility, application procedures, and deadlines for federal, state, and institutional aid programs, ensuring clarity and accessibility of information.
  4. Financial Aid Analysis and Awards: Collect and analyze student financial data to determine aid eligibility. Allocate awards in compliance with federal, state, and institutional policies.
  5. Outreach and Education: Organize and conduct financial aid workshops, campus visit events, high school outreach, and presentations for new student registration, providing clear and engaging information about financial aid opportunities.
  6. Cross-Departmental Collaboration: Facilitate strong communication and collaboration between Financial Aid and other University departments to ensure a seamless educational experience. Contribute to the institution's recruitment and retention strategies through integrated financial aid support.
  7. Enrollment Management Support: Conduct research and prepare surveys and reports for Enrollment Management and the President's Office, supporting data-driven decisions for strategic planning.
  8. Policy Development and Implementation: Recommend, develop, and enforce financial aid policies, particularly in relation to the awarding of annual, restricted, and endowed scholarships, ensuring alignment with institutional goals.
  9. Regulatory Compliance: Review and interpret policy changes from the Department of Education, implementing appropriate updates to internal procedures.
  10. Oversight of SAP and Title IV Processes: Manage the Satisfactory Academic Progress (SAP) and Return of Title IV Funds (R2T4) processes, ensuring compliance with federal guidelines. Oversee student loan processing and Title IV refunds in coordination with the Department of Education and the National Student Loan Data System.
  11. Collaboration with Business Office: Work closely with the Business Office to ensure accurate and timely data exchange between financial systems, overseeing the reconciliation of financial aid awards and disbursements.
  12. Information Management: In partnership with the IT department, maintain and manage the technical aspects of the Ellucian Colleague system for financial aid processing, ensuring smooth operation and effective communication management.
  13. Professional Development and Networking: Maintain up-to-date knowledge of financial aid regulations and best practices through active participation in local, regional, and national professional organizations and training opportunities.
  14. Regulatory Adherence and Compliance: Stay current with changing regulations and ensure full compliance with all relevant laws and guidelines affecting financial aid, safeguarding the institution from risks.
  15. Additional Responsibilities: Perform other duties as assigned, contributing to the overall success and efficiency of Briar Cliff University and the Financial Aid Office.

Education and Experience:

  1. Bachelor of Arts or Sciences degree. Master's degree preferred.
  2. Five (5) – ten (10) years of financial aid management experience.
  3. Extensive knowledge of both federal and state financial aid policies and regulations.
  4. Knowledge of institutional aid and the policies that govern it.
  5. Knowledge and understanding of data processing systems. Supervise Financial Aid Counselors. Carry out supervisory responsibilities in accordance with the organization's policies and applicable laws.

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